Coast4Life

Date: October 5th, 2012 To: Coast4Life Inc. From: Pat Brown, CMA Subject: Coast4Life Cruises Coast4Life Inc. incorporated in 2002 is a company that offers ocean cruises along the Canadian west coast. They launch ane across see significant growth since 2003 and nowadays obtain $55.7 zillion in revenue while in operation(p) two ships, coastal Native and Natural Splendour, through the months of whitethorn to September. This yr exit be a costly one for Coast4Life Inc. and competitors in the industry. On its final cruise of the season, the coastal Native experienced alters to the hull of the ship, which will set them defend $3 million in repairs. Sales be expect to drop-off for the 2013 season as there was a terrorist overture on a ship in the Caribbeans. It is expected that all in all bookings for cruises oecumenic will significantly drop. We will see a 35% decrease in Coast4Lifes cruise bookings. A small(a) issue that Coast4Life has accepted is over th e summer months, the dry laden dock may not be operable and employees atomic number 18 temporally laid off. During this downturn, the board of directors would like to find ways to fill in costs and generate more revenue. We fill the following quatern options.

Selling Frasers dry dock, which is operational for 7 months of the year for the maintenance and the refurbishment of either ship. We reserve mentioned that during the summer months, Coast4Life has to move off some employees and may not be operational. This sales agreement would eliminate seasonal lay-offs and generate a high addition in cash flow . This purpose may cause damage in the rela! tionship with the federation due to the termination of 71 of their employees. Part of Coast4Lifes imagery and mission emphasis on the safety of their customers, staff and maritime life. Outsourcing the maintenance of the ships may not guarantee the same aim of quality and safety. You have the luck to change your customer coalesce due to this market study. We have noticed that 30% of your customers are between the age...If you want to fuss a full essay, coiffe it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper