I. Reese-Son L.I.P Backpacks, LLC in Texas
A. They say, “Everything is bigger in Texas.” Well, let’s see if we can achieve bigger financial growth there as well.
B. After thorough research, I recommend that we move our company’s headquarters to Houston, Texas for reasons that include: a bigger demographic, Millennial lifestyle, reduce labor cost, and less tax requirements.
(Let’s examine the findings and facts that we’ve discovered)
II. Findings and Facts
We will discuss the three key reasons that proves that Houston, Texas is the appropriate place to relocate the company’s headquarters. (First, demographics are focused on age groups or generation groups)
A. In Houston Texas, we will reach a higher demographic of Millennials
1. Texas population consist of 25.9% Millennials compared to Florida’s 17.2% (U.S. Census Bureau, 2010).
2. We can directly advertise to our target market
3. We can socialize and learn from our target market.
(Next, lifestyle is focused on how Millennials prefer to live).
B. Having knowledge of our target markets lifestyle will benefit us because we create great durable backpacks that fit their lifestyle.
1. Millennials live an on the go lifestyles, and they prefer products that fit into that kind of lifestyle (Fromm, 2016)
2. Millennials are a more active generation than previous generations. (Physical Activity Council,2016)
3. Millennials look for items that allows them to pick-up and
The company also should consider other factors in choosing the location of the plant including:
Detra, I can relate with you as I am also not a Texan native or know much about Texas government and its history. When I hear about Texas first thoughts that comes to mind is either their love for their football team, bbq, or women’s big hair do’s. That’s what I related to “everything is bigger in Texas” with, however as I have read it also relates to their pride, their state size and their growing population. I also never understood why Texans are extremely proud people then again as I have been reading and as you have mentioned they have had an interesting history and have shown that they will fight for what they believe in no matter the cost.
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Texas is home to about 27 million people and continues to grow. Texas’s major public policy problem right now would be in infrastructure and can be fixed by compromise. There are two types of infrastructure which are economic and social. Infrastructure means those basic facilities and services which and facilitate different economic activities and thereby help in economic development of education, health, transport, communication, banking & insurance, irrigation, power, and etc.... There are two types of infrastructure which are economic and social. Infrastructure is the foundation upon which the Texas economy balances.
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Texas is known as the independent, friendly, wealthy, job producing state perfect to raise a family. Jobs are the main reasons for so many people moving to Texas, in fact in 2013, Texas has had a net gain of over 300,000. The numbers and stories of Texas growth sounds promising and is very understanding why so many would want to move here but is it all true? It’s time to look at all of the facts and numbers, to see what jobs, income, and wealth in Texas are really like.
Till this day, Texas is known to look out for its benefits. If a person wants to get rich, they invest or move into Texas. Self-interest and money are major keys in Texas politics, making it a continuous traditionalist state. Texas is for the most part hostile towards taxes and refuses to meet the concurrent standard. Texas is known to uplift personal growth to those who step out of their comfort zone and take action into what they want to do. Drastic changes in population growth, lack of education, aging population, regressive taxes and public service demand sometimes make it hard for individuals to look out for their self-interest and rise above the predicted standard. Usually those who do look out for their benefit are those that are not even Texas made. Texas takes its luke warm advantage and inclines towards its individualistic side for this aspect of its political culture. Self-interest mainly and ultimately revolves around its business aspect towards society. In a sense, this can be looked upon as survival of the fittest. Those who “pull themselves by the boot straps” are the ones that will succeed in a state where everything is known to be bigger and better.
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The company has to decide between the two locations based on their virtues, availability and higher margin of profit.
Locations for outsourcing jobs is very important as companies need to decide what is going to be the cheapest option but also the most beneficial in terms of maintaining their remaining clients and customers, there tends to be quite high volume complaints when it comes to outsourcing jobs, problems can arise often due to language barriers, so choosing the best location