Week 03 Business Capstone Project

if you read below it says use my project as a fondation so below is the the two assignments that i have posted for my project so far

  

No matter what type of project you have decided to pursue, you will certainly encounter the issue of business ethics. Using your project as a foundation, prepare a 1-2 page essay that explains how good business ethics can enhance your profitability. Be sure to support your ideas with specific examples.

Running Head: SLECTING A SMALL BUSINESS: PERSONAL ASSISTANT SERVICE 1

Running Head: SLECTING A SMALL BUSINESS: PERSONAL ASSISTANT SERVICE 3

Selecting a Small Business: Personal Assistant Service

Eddie Feliciano

Rasmussen

Author Notes

This research is being submitted on July 14, 2013, for Eddie Feliciano
B249/RMI2011

Risk Management and Insurance

Selecting a Small Business: Personal Assistant Service

If you read online news articles on a number of web sites from Yahoo! to Google, you will find a recurring theme. There are books, magazine articles, and television specials related to the problem. There are more things to do in a day than there are hours to do them. Every choice that a person makes whether it is to watch television, read a book, wash their car, or go to the gym has an opportunity cost. There is something that person has to sacrifice doing to complete the task they are working on. Some people are either so busy or so wealthy that they find the solution to this problem in hiring a full time employee as their own personal assistance. Many business people have a personal assistant provided through their company during their workday. Some people have arrangements with another person they employee, such as a nanny or maid, to do other tasks for them that fall into the realm of personal assistant. However, there are many people who do not have the need for a full time personal assistant or the money to pay for one that could use a little extra help from time to time. This may be on a one time basis, while planning a wedding or party, or something a little more regular such as every Thursday when things pile up before the weekend. With more and more families having two parents working and children having more and more activities and events to keep up with, many people would value having a little extra help from time to time.

The business that is being proposed would use this need as an opportunity. It would solve the problem of more tasks to do than there is time to do it. Since there is an opportunity cost and trade of for each choice, it would be up to potential customers whether they would rather pay someone to assist them with certain tasks or try to do it all themselves. The company will advertise itself not as a cleaning service or a babysitting company but as a lifestyle management service. The employees will be background checked, bonded, and insured. They will be available for an array of tasks to assist people including grocery shopping, clothing shopping, picking up and dropping of children from school and extracurricular activities, balancing checkbooks and paying bills, helping with small cooking or cleaning, dropping off and picking up dry cleaning, scheduling appointments, organizing and planning events, and even packing or planning to move. Any errands or tasks that fall into household management would be acceptable. There would be a per hour fee for each client and it would be up to the client how often they want help whether it is one hour per week or more or ten hours for one time only.

Running Head: BUSINESS LETTER 1

Running Head: BUSINESS LETTER 2

Business Letter

Eddie Feliciano

Rasmussen

Author Notes

This research is being submitted on July 21, 2013, for Eddie Feliciano
B280/GEB2930 Business Capstone

Week 2 Answers

Eddie Feliciano

1358 40th Street

Brooklyn, NY 11218

July 21 2013

NYC Business Solutions Center

9 Bond Street

5th Floor

Brooklyn, NY 11201

Dear NYC Business Solutions Center:

I am in the process of attempting to obtain the permits to be able to start by own business in the Brooklyn area. The company that I am attempting to start would offer personal assistant like services to various clients at an hourly rate rather than people having to hire full time assistants when a few hours each week would be better for them.

Due to the nature of this work, I feel that it would be important for my employees to be background checked and bonded since many clients may have assistants using personal financial information. I have attempted to use the city website to find out about these processes and apply for permits, however, the website is down and under construction. I would like to schedule a meeting so that I may obtain the documents and information I need to start this process. I can be contact at (206)673-1600 at your convenience. Thank you for your time and consideration in this matter.

Sincerely,

Eddie Feliciano