Question: as soon as possible (12 Marks) Using the case analysis method analyze the following case from the perspective of Brett Mower the Son Nate Mower

as soon as possible (12 Marks) Using the case

as soon as possible (12 Marks) Using the case

as soon as possible

(12 Marks) Using the case analysis method analyze the following case from the perspective of Brett Mower the Son Nate Mower & Son, Residential Plumbersis) Case Study Nate Mower has worked as a plumber in the Minneapolis area for 20 years. Nate has operated his business as one man show and ha had as many as six esployees working on two or three jobs at a time. During the winter months, Nate traditionally works alone servicing local residents with routine plumbing repairs, furnace maintenane frozen pipes. During the summer months, Nate takes on a few new home construction plurabing and heating installations that callfor help of additional workers. Nate has an excellent reputation for honestly and high-quality work. He has never had to advertise as the requests seem to be endlessly lined up and waiting. Nate works long hours, yet has managed to earn only a modest living for his wifeje and son, Brett. In fact jessie has been heard to comment out loud to friends and family that Nate is always busy and always broke." SE years back jessie had to take on a part-timp casher position at the localsupermarket just to put groceries on the table." The Mowers inh Nates' grandparent's old farmhouse and have no mortgage. Note drives around in his grandfather's old paneltruck that he converted the company work vehicle Nate is from the old school. He is a down-to-earth hard working country boy who loves to hunt and fish in his spare time. As Nate puts lovemyjob and don't want to charge people too much for my work. Nate charges $25 per hour for his time (while onsite only and provid all parts at cost. Nate believes that it would be stealing to mark up the price of parts that he buys fronu a nearly wholesale distribution centre. Nate mails out bills when he gets around to it. Usually it is late at night if he's not too tired. Brett Mower has learned a lot about the trade from his father. He often went along with Nate on jobs when he was young and worked for father throughout high school mostly during the summers. Brett has returned home from a tour of duty in the military and is thinking abo becoming a partner in the facily business. He has several serious concerns, however, and is not sure which way to turn Although Brett would never say so out loud, he acknowledges that his father does spear to be always busy and always broke. He wonders why his mother is forced to work to put groceries on the table and help pay the bills. The family has no mortgage and no car parents. HE folks have never taken a vacationrarely go out and still don't own a personal computer Brett recalls many incidents of receiving angry letters from creditors and parts suppliers over past due bills. There have also been a few bounced and delayed paychecks over the years. Nate is currently on "COD-only status with his suppliers who ako spect op payerent toward outstanding payables. Brett wonders whether the business could ever support two familles. He is planning on marrying his childhood sweetheart within the next year and has dreams of a house family, and a career of his own. And yet business is booming. The phone never stops ringing especially during the long winter months and Nate has barely scratched the surface of the new installation market. The Minneapolis area is booming with new home construction. There have been reports in the local papers thatse paljobs have been delayed because of a shortage of contractors including plumbing and heating. Theshort-and-long-termarket outisol is cellent Brett have been anguishing over his next towe. Nate is thrilled at the prospect of forming a partnership with his son Brett wants to starta now We and career in his hometown but has serious concerns about the condition and future of his father's businesses suggested that perhaps someone in the know should take a look at their bools and point them in the right direction Nates most recent returns the following profit and Loss Statement-2017 Nathan Mower, Residencial Plumber Sale $221.250 Sost of Sales 135.000 Gross Margin $36 250

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