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Employment Opportunity Decision, Case Study Example
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Franchise-Consultancy Firm
Pros
Position and Prestige
This employment opportunity offers a position within an existing business. The offer for a partner position within the company would significantly suit John’s career objectives. One of the most fulfilling moments in a professional’s career is to realize the most suitable position for them. This is present in this employment opportunity.
Furthermore, John would enjoy considerable prestige that is associated with the position of a partner within a growing consultancy firm. Individuals working in a consultancy firm are usually professionals with considerable experience. This would consolidate his position as a professional, giving him considerable prestige within the company as well as society.
Salary (Wages) and Benefits
Salary is almost always the most important factor in selecting a prospective employment opportunity. As such, employment in either companies will be critically analyzed according to income. This employment opportunity allows John a considerably solid salary. This is largely associated to the profitability of the company. This would translate to considerably high salaries realized during seasons of high revenue generation by the franchise-consultancy firm.
Relocation Reimbursement
This employment opportunity would require both John and Joan to relocate from Texas to Denver. However, the consultancy firm’s offer for relocation reimbursement makes this offer considerably attractive. This means that the process of relocation would be catered for financially, allowing John and Joan settle in Denver with relative ease.
Experience and Knowledge
Johns and Joan both possess vast experience in their respective businesses as well as within the franchising business. The franchising-consultancy firm would offer John the opportunity to put into practice the experience and vast knowledge he has gained during his professional and business career. This aspect is consolidated by the fact that John has considerable first-hand experience developing, managing and expanding franchises. This experience can be passed on to his customers within the consultancy firm, allowing him the ability apply his knowledge and experience.
Diversity of Work and Exposure
Working for the franchising-consultancy firm would expose John to diverse assignments and situations. This is because every client handle by a consultancy firm has a set of unique characteristics that sets them apart from other clients (Port, 2013). This necessitates the development and execution of strategies that are specifically tailored for the client. This provides John the ability grow his experience and learn new and innovative ways of solving day-today challenges faced by the company’s clients. John would gain considerable depth and breadth in this line of work.
Flexibility and Freedom
The franchising-consulting firm allows John the ability to work independently under the umbrella of the company. This would allow John the ability to undertake any other personal ventures during his own free time. The aspect of independence within the company would significantly enhance his business as he would get to apply new and acquired knowledge in improving his own business (Keup & Keup, 2012). Furthermore, this allows John to schedule his time and energy as needed by the company, his business and his personal life
Cons
Distance from Family
The franchising-consultancy employment opportunity requires John to relocate to Denver. Relocating to Denver is associated with a number of challenges, the most significant being the distance and time away from the rest of his family, i.e. his two children. This would considerably strain the social factors, potentially influencing is performance at the place of work.
Joan’s Unemployment
While this employment opportunity may appear to be lucrative, it significantly hampers the synergy and teamwork that has been created by John and Joan throughout their experience working together. This teamwork is one of the main reasons both John and Joan have succeeded to the point of recognition. Should John take this employment, Joan would be unemployed as the offer is for a single individual, John.
New Automotive Repair Franchise
Pros
Background Knowledge and Experience
The new franchise firm offers John the opportunity to apply his background knowledge and experience in automotive repair. John would find it much easier implementing the knowledge he has. Owing to the fact that John already has background knowledge and experience, he would considerably thrive within this company.
Business Growth and Development
Developing and growing a business from the ground is not an easy endeavor. However, John and Joan have vast experience taking on new franchises and turning them into profitable and feasible business ventures. This employment opportunity offers John and Joan the ability to develop and grow new franchises for the automotive repair firm within Texas.
Proximity to Family
This employment opportunity is in Texas, eliminating the need for John and Joan to relocate their geographic location. This would significantly help John maintain vital facets of his social network, i.e. his family. He would get the opportunity to see his family on a daily basis if need be.
Joan’s Employment
This employment opportunity takes advantage of the fact that John and Joan make a good team together. They have considerable experience working together as a team, and they perform better working in these conditions. This employment opportunity ensures John and Joan work in the same company to build up a number of franchises across Texas.
Cons
Business and Pleasure
One of the most controversial aspects of this employment opportunities is the fact that Phil is a close family friend and a local church member. This places Phil in a considerably important social standing to both John and Joan. Merging the personal and professional aspects of their lives can prove to be challenging in the face of business problems.
Recommendation and Rationale
While the automotive repair franchise business appears to be a considerably good employment opportunity, the franchise consultancy firm would prove to be most beneficial to John. This is because this employment opportunity offers him the best opportunity to develop his own business while maintain the support and bargaining power of a corporation realized under partnership in the consultancy firm (Frisch, 1999, p. 41). This provides a sense of security in his business. This employment opportunity allows him to use is vast resources (experience and knowledge) in the franchising business model to develop tailor-made solutions for their clients (Sherman, 2011). This also allows him to further develop his experience, providing the best opportunity for personal growth as well as professional growth.
The main disadvantage highlighted for this employment opportunity would be the lack of proximity to his family. However, it is important to consider that his children are currently in college. This makes them adults, capable of making decisions independent of their parents. This means John and Joan have the ability to move to Denver while maintaining relatively close relations with their children in Texas. This alternative offers the opportunity to work independently, giving John flexibility and freedom.
References
Gartner, W. B., & Bellamy, M. G. (2009). Creating the enterprise. Mason: Thomson South-Western.
Port, M. (2013). Book yourself solid : the fastest, easiest, and most reliable system for getting more clients than you can handle even if you hate marketing and selling. Hoboken: John Wiley.
Sherman, A. J. (2011). Franchising & licensing : two powerful ways to grow your business in any economy (4th ed.). New York: AMACOM.
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