Mazud is a BC resident who has been involved with a part time entrepreneurship activity for the past two years. He maintains good relations with certain local restaurants and his customers to sustain a business involving picking up meals and delivering them to people. Being employed as a software engineer by profession, Mazud works from home with flexible employment hours which permitted him to sustain a side business. However, he is now finding it more difficult to find adequate leisure and rest time between his software engineering and his meal pick$-$up and delivery business. In his first year of business, Mazud delivered an average of $12\mathrm{.}5$ meals per day $($all Farny$$s Wraps$)$ with an average delivery fee of $$2\mathrm{.}33$ and tip of $$1\mathrm{.}20.$ Mazud owned an older car at the time, so those car related expenses amounted to about $30\%$ of revenues. Mazud estimated he spent about $1\mathrm{.}5$ hours daily on deliveries in the first year. No calculations or analysis need be performed using year $1$ figures. They have been provided for comparative and informational purposes. In the second year, the daily average delivery volume doubled, with an average delivery fee of $$4\mathrm{.}48$ and tip of $$3\mathrm{.}18.$ With a newer vehicle in his second year, Mazud was able to reduce expenses to $25\%$ of revenues $($expected to be sustainable for five more years$).$ Mazud estimates he worked an average of $3$ hours a day in the past year. Mazud worked $365$ days this year. If he were to make deliveries as a driver with UberEats, his hourly wage $($labour cost$)$ would be $$5\mathrm{.}00$ an hour. He is wondering if this $$5\mathrm{.}00$ should be factored into his cost per delivery. He is not planning to ever drive for UberEats, this figure is simply a proxy amount potentially there for your use. Option #$1$

The simplest solution would be to request his current employer to cut his working hours in half, which would result in a salary of $$30,000$ annually instead of the current $$60,000.$ Mazud is strongly considering this option because he believes his employer will accept the deal. Also, Mazud hasn$$t gotten a salary increase in three years and isn$$t expecting any significant raises in the near term. This option will allow him to continue operating his food delivery business at $100\%$ capacity while working part time for the software engineering company.

Option #$2$

Another option is for Mazud to hire his friend, Sameera. She works as a DoorDash driver so the training would be minimal. Additionally, she decides her own work hours so serving Mazud$$s customers well with precise timing wouldn$$t be an issue. Since Mazud$$s engineering work is slow in the morning and evening, he would continue to take care of breakfasts and dinners, while Sameera would handle lunch. To keep things simple $($and fair$),$ Mazud is considering letting Sameera keep all revenues for her deliveries since her help will allow him to continue running his service all day long. Sameera is ambitious and prioritizes efficiency over customer service, so she hopes to help Mazud increase the number of deliveries per day by cutting down on conversation time with his current clientele. Historically, lunch time has made up $40\%$ of Mazud$$s total revenues. If he hires Sameera, Mazud is planning to continue making all deliveries on weekends $($breakfast$,$ lunch, and dinner$).$ In this alternative, Mazud would be able to keep his $$60,000$ annual salary.

Prepare a financial analysis of option $1$ and $2$ with pros and cons and also recommend one option with reason