Mcbride F.S - Fin370
McBride Financial Services
FIN 370
McBride Financial Services
A one stop mortgage provider is the marketing strategy McBride Financial Services use to sell its product in the five states where the company operates, Idaho, Montana, Wyoming, North Dakota, and South Dakota. McBride’s business philosophy is to provide each customer with efficient and effective processing of mortgage application from inception to closing. The company prides its self in offering preeminent low cost mortgages to professionals, retirees, families, and individuals using state-of-the-art technology.
In this paper the members of group A will look at McBride Financial Services project to expand its operations and three financial options available to the company. Members of the group will look at strengthens and weaknesses of the approach, opportunities of each approach and the treats that is likely to occur with each approach. The team will analyze the options the company will face to see the option that would best fit the entire company but more so the stockholders.
Strengths of each Approach
McBride Financial Services is a privately held virtual organization that wants to expand operations, and is faced with three options for expansion:
• Going public through an IPO
• Acquiring another organization in the same industry
• Merging with another organization
Team A has defined the strengths of each approach for McBride Financial Services by doing a SWOT analysis. The strengths of McBride going public through an IPO is the gain of capital. An organization like McBride will raise a large amount of cash with going public. McBride trading in the markets they will have more liquidity that will make it easy to have employee stock which will interest potential employees.
Acquiring another organization in the same industry will expand McBride Financial into more effective management. Acquiring a new organization
FIN 370
McBride Financial Services
A one stop mortgage provider is the marketing strategy McBride Financial Services use to sell its product in the five states where the company operates, Idaho, Montana, Wyoming, North Dakota, and South Dakota. McBride’s business philosophy is to provide each customer with efficient and effective processing of mortgage application from inception to closing. The company prides its self in offering preeminent low cost mortgages to professionals, retirees, families, and individuals using state-of-the-art technology.
In this paper the members of group A will look at McBride Financial Services project to expand its operations and three financial options available to the company. Members of the group will look at strengthens and weaknesses of the approach, opportunities of each approach and the treats that is likely to occur with each approach. The team will analyze the options the company will face to see the option that would best fit the entire company but more so the stockholders.
Strengths of each Approach
McBride Financial Services is a privately held virtual organization that wants to expand operations, and is faced with three options for expansion:
• Going public through an IPO
• Acquiring another organization in the same industry
• Merging with another organization
Team A has defined the strengths of each approach for McBride Financial Services by doing a SWOT analysis. The strengths of McBride going public through an IPO is the gain of capital. An organization like McBride will raise a large amount of cash with going public. McBride trading in the markets they will have more liquidity that will make it easy to have employee stock which will interest potential employees.
Acquiring another organization in the same industry will expand McBride Financial into more effective management. Acquiring a new organization
References: Keown, A. J., Martin, J. D., Petty, J. W., & Scott, D. F. (2005). Financial management: Principles and applications (10th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/McBride/Internet/locations.html Keown, A. J., Martin, J.D., Petty, J. W., & Scott, D. F. (2005). Financial Management: Principles and applications (10th ed.) Upper Saddle River, NJ: Pearson/Prentice Hall. McBride Financial Services. (2005) Retrieved from http://www.exampus.phoenix.edu?secure/aapd/cist/vop//business?McBride/Internet/locations.html Mergers. (n.d.) Disadvantages of Mergers. Retrieved from, http://www.associatedcontent.com/article/1189676/the_advantages_and_disadvantages_o f.html?cat=3 [pic]