buisnessletter_v

.docx

School

Southern New Hampshire University *

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100

Subject

Business

Date

Jun 24, 2024

Type

docx

Pages

2

Uploaded by AgentSalamander3429

Amber Bethea Business Analyst Business Consultants (BC) amber.bethea@snhu.edu March, 17,2024 Mary Jones New Hampshire Business Products 1050 Industry Way Concord NH 03301 Dear Mary Jones, I hope this letter finds you well. I am writing to update you on recent developments regarding our analysis of New Hampshire Business Products (NHBP) and the strategies we are formulating to assist them in achieving their sales goals. One of my primary responsibilities is to analyze businesses and devise strategies to help them meet their sales objectives. Our first client, NHBP, has been a small sole proprietor since 2005. NHBP currently operates one brick-and-mortar location offering a range of products and services including office supplies, office equipment, printing services, and technology courses. While they have been successful thus far, NHBP is eager to expand both their sales and geographical reach. After initial discussions and a thorough review of NHBP's operations, the company has ambitious yet achievable goals. Currently, their total sales stand at $638,000 annually, distributed across various categories as follows: Office Supplies $150,000 Office equipment $300,000 Technology classes $138,000 Printing $50,000 NHBP aims to increase sales by 20% per year in each category over the next five years. To accomplish this, they believe that venturing into online sales is the most viable option for expansion. However, they are uncertain about the implementation process, including the development of a website, online marketing strategies, and the planning of fulfilling online orders and offering courses digitally. As part of our consultancy services, BC has been engaged to evaluate NHBP's current operations and provide guidance on transitioning to online sales. We are committed to assisting NHBP in achieving its sales objectives and expanding its market reach effectively. In the coming weeks, we will be working closely with NHBP's management team to develop a comprehensive strategy tailored to their specific needs and goals. We will provide regular updates on our progress and ensure transparency throughout the process. Your continued support as a shareholder is invaluable to us, and we are dedicated to delivering results that
maximize shareholder value. Should you have questions or need more information, please contact me directly. Thank you for your attention, and I look forward to sharing more positive updates with you soon. Warm regards, Amber Bethea Business Analyst Business Consultants (BC)
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