Swot AnalysisEssay title: Swot AnalysisI selected Southeast Racing Parts (SRP) as my business plan for my SWOT analysis. I have reviewed the business plan for Southeast Racing Parts which seems like it could become a successful business. I will explain the opportunities, strengths, weaknesses, threats, and sum the business plan with a thorough summary.
This company has many great opportunities. The customer demand will increase as the business starts advertising at the local tracks and become involved in the local racing community. The products will be appealing to NASCAR racing, which is responsible for about 2,000 jobs producing more than $200 million in expenditures annually — figures that many in the industry consider conservative in 1998. Many of the people employed within the industry along with their children, other relatives, and friends, take up racing as a hobby. With people taking up racing as a hobby, this will increase sells furthermore. The company at its early stages can not create new or improved products. A research and development department does not exist at this time. Another benefit of the area is that it is centrally located on the East Coast. The Carolinas and parts of Virginia and Georgia will have the benefit of overnight UPS ground service. A large portion of the East Coast and Southeastern United States would be serviced in two days by UPS ground service.
This company has many strengths, the founders have well developed ideas which includes extensive research. SRP has provided a business that supports the largest growing sport in America. It will provide superior customer service by providing quality parts at a reasonable price. To maintain a presence within the racing community and close relationships to customers, Southeast Racing Parts will be an active member of the local racing scene through participation and sponsorship. The business will be evolved within the local community as well as offering a catalog with a mail order service. The catalog will be a four-color edition and subsequent editions will be analyzed to determine the cost effectiveness of publishing in this format.
Despite how well planned this company may be it does have its weaknesses. The company will start out with about three months inventory on hand which does not provide adequate inventory to maintain a great stock. With the lack of inventory, I dont project the company being able to keep up the high demand of product flow. Availability of a product is of utmost importance. The lack of inventory will also cause an inconvenience to customers for having to wait till the product is delivered from the manufacturer which could cause loss of business. SRP does not have a sufficient management staff. The management staff includes Tim and Molly Jones which are the founders. This company has not put much effort in designing a proper staff. The business plan did not provide enough
I agree the company needs to grow and grow in the US. I just think the company is not fully capitalized in the foreseeable future. As we said earlier, SRP, like other companies, operates under a stock buyback program where it receives 3% of the cost of the stock. This means at a maximum cost it should be able to buy back any assets it borrow from the shareholders. How successful is SRP?
The answer is a great deal. The company is under a stock buyback, with three weeks to fully invest and the share price could increase more than 25% in just 24 hours. In some of my opinion, this is a good way to drive up the price of a stock and keep a healthy market cap. It also helps that in recent years that I have heard that the stock market is underdeveloped and that investors need the opportunity to buy back other assets or at the very least to buy some shares. This is not a good way to grow the company, it gives investors the opportunity to buy out other assets, just like a stock does. As a shareholder you are likely to hear about the potential return on investments with the same terms and conditions this company provides. The only thing that is wrong about this is that I don’t approve a plan to buy down stocks during the buyback period. It would have been easy to buy out stocks at a reasonable value since in general, there are several different options available when the buybacks have completed. As you know, SRP has decided to close its share buybacks immediately and then start looking for another opportunity to buy back stocks and not hold onto any assets.
What is going on with the company?
The company has been under a buyback program over the last few years with a goal to improve the company to its current capabilities. As I said before, SRP has a great stock but this stock has been on a long hold period and needs a change. I am not sure what the problem was, its just a question of how far from a stock that holds the stock market to a stock that holds the stock market. The answer to this question is a simple one: a lot of debt, not much profit.
I had a question yesterday about the market stability of the S&P 500 and if you know anyone or if you were fortunate enough to be at the end of the cycle that’s a good question to ask. We were talking about the S&P 500. I am sure if there is one asset that is likely to be profitable tomorrow, it is financials stocks. The reality is, the S&P 500 is not overbought. The only real reason for it coming back down to .5% would be if there is a big enough injection of capital here and now this is the time of year when the S&P is worth almost 15% of market capitalized assets. We are talking about nearly $10 trillion dollars of credit available by tomorrow.
With the recent financial crisis in Europe and the euro crisis I have noticed that the rest of Europe is making a similar mistake. The main factor is