Housekeeping Hania After graduating from a diploma of business administration in Vancouver, Hania got hired as an executive assistant to Fred, the director of operations at a local tech company. She has been working at the job for the past three months. Her role includes scheduling and attending meetings, sending emails, and booking travel and entertainment for visitors to the company headquarters in Vancouver. She works part-time 5 days a week from 8 am to noon and is paid about $31,200 a year.

During her free time, Hania volunteers as a cleaner for a non-for-profit organization called Keeping It Clean. The organization supports people with mental and physical disabilities by helping to keep their homes clean. The organization is run by donations made possible by large corporate donors and community partners, as well as volunteers like Hania. Although she enjoys the hustle and bustle of the corporate environment, Hania feels much more satisfied by her volunteer work with Keeping It Clean.

Sensing that she may not be happy, Fred has offered Hania a full-time position with the company, upping her salary to $65,000 per year plus benefits. At the same time, due to her enthusiasm and great effort at Keeping It Clean, the President of the non-for-profit organization has offered her a position as Head Coordinator. This position would entail working more complex jobs and scheduling/coordinating the other volunteers within the organization.

Even though Hania is excited about both offers, she has always wanted to pursue entrepreneurship. Hence, she is contemplating starting her own cleaning business. To kick things off, she has done some research and gathered some numbers. Admittedly, accounting was her worst subject in her diploma, so she is seeking your help in analyzing her options.

Hania sees a trend of individuals getting busier, and consequently, lacking the time or energy to keep their homes clean and organized. With her home cleaning/organizing business, she could help people maintain tidy and organized homes. Also, due to the pandemic, corporations and larger residential complexes are seeking more frequent cleaning in an effort to reduce pathogens, viruses, and bacteria.

With the help of her parents, Hania has saved $8,300 to invest in her business.