Research

1258 Words Aug 20th, 2015 6 Pages
Full Throttle Consultation Co.
Dear Ms. Wren McKeemon & Mr. Brad Castanada,
My partners would like thank you for the opportunity and privilege to provide recommendations to your company, BluJay Aviation.
The industry professionals here at Full Throttle Consulting have years of combined expertise in aviation specific business challenges and individual specializations that give you exactly the acumen you require. We can help your business turn value out of operating models, realize growth ambitions, and gain insights that translate into competitive advantages.
We will provide BluJay Aviation with neutral and unbiased assessments and recommendations that are based best business practices that are used in solutions to the industry’s
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After weeks of examination of financial reports, interviews with management and owners, and observation of daily operations; the partners of Full Throttle do not recommend that BluJay Aviation acquire the complete ownership of the gift shop opportunity. The gift shop is a retail business and it is vastly different from the aviation industry. Gift shop operations would require a full outfitting of employees from stock - to management personnel with retail business experience

Accounts Receivable The ability of BluJay Aviation to grow financially is being hampered by how ineffective the collection of the accounts receivables have been. Our recommendation on motivating clients to pay on time will improve your cash flow.
As of the time of this report, we recommend: a) Notify any customer when their account enters payment delinquency. Effective communication from an in house collection or third party collection activity will be the answer to your problems regarding late payments. b) Clients that allow their accounts to become delinquent will now be charged a late payment penalty fee. This will stimulate cash flow and also prevent late payments. We recommend to either personally review your accounts receivables or hire one employee to identify clients who are close to or past your 30-day payment due date. You or your designated employee will then make or attempt to make…

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