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Introduction
The Smart Lease Corporation will be a limited liability
company that will cater the needs of international students studying in the
Unites States. The Smart Lease Corporation will allow international students to
lease a smartphone without any disturbance. The Smart Lease Corporation stores
will be located in New York and California because 30 percent international
students reside in these regions. An online store will also be developed in
order to target student around the United States. In this report, there will be
the discussion about the organization & management of product or service
line, organizational structure, ownership information and qualifications of board
of directors
The Smart Lease
Corporation will target the international students because they are the one who
have to do their expenses themselves and because of that owning a mobile is not
affordable for the students. The international
students through the Smart Lease Corporation would be easily get the ownership
of mobile and they can easily pay for the mobile own installation. This report
analyses the different as aspects of the Smart Lease Corporation that would
help to understand the credibility of this company in the USA market.
1.
Organization
& Management and Product or Service Line
A Description of Smart Lease Corporation Service
The Smart Lease Corporation is providing the
smart phone leasing services in the USA for the international students. The
services of the Smart Lease Corporation would help the international students
to easily afford a smart phone while making a living in foreign country. In order to provide leasing services for
mobile in the market of USA the Smart Lease Corporation need to have the licensing
for proving lease on mobile in the market. Because the Smart Lease Corporation is providing
the mobile on lease so they have to invest a lot on the business initially the
profit for the business comes in very late, so it also very important for the
business to make a strong finance to start this company
Smart Lease Corporation Product’s Life Cycle
When
the customers buy some product from the leasing company there are more chances
of their returning to the same brand. Following are the step that would involve
in the Smart Lease Corporation leasing process
Lease Preparation
·
Tax Planning
·
Financial Planning
·
Legal Planning
·
Estate Planning
Managing Lease Income
·
Delay Rental Payments
·
Bonus Payments
·
Royalty Payments
Continuing Support
·
Smart Lease Corporation help the international
students to reach their financial goals with a three-point procedure.
·
Smart Lease Corporation work with international
students to assess their current financial situation.
·
Smart Lease Corporation assist international
students in determining their financial needs for today and tomorrow.
·
Smart Lease Corporation help international
students chart a progression for the future with a customized plan.
Intellectual Property
The license that Smart Lease Corporation would get for
the leasing would be the intellectual property of the company. The intellectual
property in the Smart Lease Corporation may be owned by the leasing company or
that the lessor has right to transmit under the lease. According to Section
1234 to be enforceable in contradiction of the third parties, an agreement of
the leasing have to be filed with the consistent registry, based on the objectives
that company comprises
Research and Development (R&D)
Activities
In order to implement the new business of Smart Lease Corporation in the USA it
is important to conduct the research and development activities. The research
and development activities in the Smart Lease Corporation would help to bring
in innovating, improvement in the new business plan of the Smart Lease
Corporation. Some of the main steps of the research and development in the
Smart Lease Corporation are the following
·
Researching marketing
·
Assess Customer Needs
·
Identify Objectives
·
Define and Design Processes
·
Create a Team
·
Outsource
These are some of the steps that are involved in the
R&D functions in the Smart Lease Corporation. The main objectives of the
R&D process is that it would reduce the tax and cost and do effective
financing of the company. But the Smart
Lease Corporation have to bear the cost and time require for the R&D
1. Organizational Structure
In the organizational structure of the Smart Lease
Corporation the manager’s director is also the top of the structure and he have
the complete control of all of the activities in the company. After the managing director the head of
sales, accountant and head of organizational operations are on the send level
in the organization. All of the other employees in the Smart Lease Corporation
such as account managers, maintenance managers, marketing managers, leasers,
purchase leger, customers services team, supervisors, rental managers etc.
1.
Ownership
Information
Names of owners: Tony James, Richard Tim, Roberts
Jobs
Percentage ownership
Tony
James 45%
Richard
Tim 35%
Roberts
Jobs 20%
Extent of
involvement with the company
·
Tony
James is also the CEO and managing
director of the Smart
Lease Corporation.
·
Richard
Tim is one of the board of director and the head of sales of the Smart Lease Corporation
·
Roberts
Jobs is just a shareholder of the company is not involve in the operations of the Smart Lease Corporation
Forms of ownership: the Smart Lease Corporation is would
have preferred stock ownership for each partner.
2.
Board
of Directors' Qualifications
In
the Smart Lease Corporation all of
the board of directors are highly qualities because the business would run on
the lease based, and the transitions of the business can be handled by the
highly qualities person. The company have 4 main board of directors and the
information of the each board of director is as follow:
The
Tony James being the
CEO of the Smart
Lease Corporation would manage and control the whole operations of the
business. He has a lot of experience in the business field that would help this
Smart Lease Corporation business to operate effectively.
The
Richard Tim being
the Head of sales of the Smart
Lease Corporation would manage and control the whole sales of the business. He
has a lot of experience with the multinational in the department of sales, he
would help the Smart Lease Corporation business to have good sales.
The Steve Roberts being the Head of
finance of the Smart
Lease Corporation would manage and control the whole finances of the business.
He has a lot of experience with the multinational in the department of finance,
he would help the Smart Lease Corporation business to manage the finance
effectively.
The Roberts Jobs being the Shareholder of
the Smart Lease
Corporation would to get track of the Smart Lease Corporation performance and profitability. He is going work in the
government company in the field of international relations.
Conclusion on
Summing up the discussion it can be said that the Smart Lease Corporation stores will be located in New York and California because 30 percent international students reside in these regions. The international students through the Smart Lease Corporation would be easily get the ownership of mobile and they can easily pay for the mobile own installation. Smart Lease Corporation is providing the mobile on lease so they have to invest a lot on the business initially the profit for the business comes in very late. The intellectual property in the Smart Lease Corporation may be owned by the leasing company or that the lessor has right to transmit under the lease. All in all it can also be said that all of the shareholders and board of directors of the Smart Lease Corporation are highly quailed and skilled that would help the Smart Lease Corporation in the future to operate the business effectively without any trouble in the United States.
References
Fp.brecorder.com. (2015,
August 27). Leasing sector. Retrieved from https://fp.brecorder.com/2015/08/201508271221070/
Kallstrom, H. (2015,
February 5). Declining interest rates lead to more auto loans. Retrieved
from https://marketrealist.com/2015/02/declining-interest-rates-led-auto-loans
KENTON, W. (2019,
February 18). Research and Development (R&D). Retrieved from
https://www.investopedia.com/terms/r/randd.asp
Martin. (2014, July 22).
Research and Development (R&D) | Overview & Process. Retrieved
from https://www.cleverism.com/rd-research-and-development-overview-process/
Zuccherino, D. R. (2016, May 16). Intellectual
property and franchise and leasing agreements. Retrieved from
https://www.internationallawoffice.com/Newsletters/Intellectual-Property/Argentina/Obligado-Cia/Intellectual-property-and-franchise-and-leasing-agreements
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