B3LT & Associates is an accounting firm where services such as Bookkeeping, Auditing, and Tax Preparation are the business's service offerings. The proposed business also offers cost-friendly consultancy service.

Mission

To provide exceptional accounting and professional services while maintaining the highest levels of integrity and professionalism.

To respect our co- employers and those we serve as professionals and individuals.

To meet current and future needs of our clients and to help them to acquire long-term success.

To build trust and loyalty between employees, partners and the firm's clients and generate harmony and balance between work and family time.

To generate creative thinking, innovative ideas and challenges staff to meet their optimal levels of success.

Vision

To be regionally recognized as the accounting firm of choice for providing comprehensive accounting and professional services to individuals and businesses alike while providing a working environment where staff members can grow and succeed in the industry.

Key Objective

• To aid business-minded people in their conquest for business prosperity.
• To offer cost-friendly accounting and auditing services.
• To provide transparent, reliable, and objective data for better decision making.

SWOT Analysis

Strength

The employment of staff particularly skilled, experience, licensed Bookkeepers and Certified Public Accountants. The cost-friendly services offered is a great advantage to the firm.

Weakness

If the number of accountants and bookkeepers employed in the firm are limited, they are unable to cater the whole population of their target market given that the number of businesses in a location will rise annually and of whom are in need of accounting services.

Opportunities

The business's opportunity includes the number of business entities. Moreover, the business growth rate of the place where the business will be established will be a great factor given the limited number of bookkeepers and accountants available within a certain area.

Threats

The business's disadvantages include the loyalty between the bookkeepers and/or accountants and the business owners' independence in handling their financial statements and the making of their tax reports. Additionally, the business's threats are the business's competitors that can provide services such as bookkeeping, auditing and tax preparations and the number of clients they can cater.

Required: Determine the method to meet business objective.