New Initiatives
Company Initiative Analysis
Analysis of New Initiative by Office Depot
Office Depot is a company that was incorporated in 1986, and that year opened its first store in Fort Lauderdale, FL that year (Office Depot, 2012). The company has continued to expand during the past 26 years and continues that tradition by initiating plans to move even farther with its international business. According to one portion of the company website "In addition to doing business in 47 countries, Office Depot has over 1,500 retail locations across the globe. In the U.S., Office Depot has stores in 49 states with 34 Distribution Centers or Crossdock facilities scattered across the country" (Office Depot, 2012). However, this global acquisition and expansion is currently only in the early stages. The company has plans to expand its reach in the United States and abroad by partnering with similar firms in other parts of the world, via acquisitions of companies that make the Office Depot a more efficient company, and by making agreements with local entities across the globe. This paper examines the company, the associated administrative law, other applicable laws, and provides recommendations for the Office Depot going forward.
The Company
The Office Depot is meant to be a one stop shop for everything an individual could want for their office, small business or home business. The corporate headquarters are located in Boca Raton, FL where they have just moved into a new 650,000 square foot facility that was designed to control the immense operations that have become a part of the operation of its many stores and products. One of the main reasons for the impressive new facility was that Office Depot has plans to further expand its business both nationally and internationally. Although they have stores in 49 of the 50 United States, they are far from saturation. However, the focus for the initiative discussed for this paper is both the national and the international...
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1 6,665 Equipment depreciation 6 7,331.4 4,888 Water 10,850 19,019 19,589 Electricity 1,681 3,001 3,151 Gas 1,800 3,636 3,709 Business landline 1,020 1,020 Internet Cleaning 2,100 4,200 4,200 Advertising 200,000 300,000 300,000 Salaries 190,692 327,095 327,095 Interest 144,000 144,000 144,000 Total Expenses 569,794 843,600 838,617 Profit Before tax 618,341 694,338 779,632 Tax 123,668 138,868 155,926 Profit 494,672.94 555,470.76 623,705.29 53,552 261,250 330,070 Profit before interest and tax 638,673 699,471 767,705 NPV 1,377,368 As you can see, this venture is projected to earn a profit in the first year. Furthermore, once the model for one metropolitan area is refined to the point that it is fit for duplication; other urban markets will be entered further enhancing the financial position as the industry further develops. The industry is positioned for rapid growth due to its
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