write business memo
Sunny Vacations Sunny, who graduated from college last year with a Bachelor of Business Administration degree with a Marketing concentration, is at a career crossroad. Last year, after some job hunting, Sunny managed to get a job as a marketing assistant for a prominent realtor in the area, Diane. With a colourful, outgoing personality, Sunny was a natural fit to host home viewings and even going door-todoor talking to homeowners, brochures in hand. Diane quickly realized that Sunny was a bigger help to her than anyone she had hired before and bumped up his compensation from an hourly minimum wage to $28,000 a year (they agreed on about twenty-four hours a week. mostly on weekends). Sunny believes he can earn $50,000 a year working fullstime in real estate, but that would be long, slow climb up- perhaps over five years. Diane also reimburses Sunny for his driving at the prescribed CRA rate (616 per kilometre for the first 5,000 kilometres driven in 2022). While Sunny has strictly tracked his kilometres driven for work purposes in the past, he has been a bit concerned about the rising fuel and vehicle maintenance costs. He is wondering if he should add some of his personal driving to the weekly mileage totals he reports to Diane she doesn't really ask for details and he does tend to talk about her new listings quite a bit outside of work hours. For instance, he discussed juicy details of specific buyers and sellers with his friends at a busy birthday party last Tuesday. Sunny is considering taking a second job which would pay him $17 an hour for six hours of work per day, four weekdays per week. While this would mean immediate cash in his pocket (he is currently living paycheck to paycheck], the job doesn't really relate to his career, nor does it have potential for promotion in the field (waste management). Due to his tight cash situation, Sunny was about to accept the job on the spot after calling the number his friend had given him. However, he decided to hold off for a bit as the manager wanted him to start this week, which would conflict with his scheduled hangout with friends. Sunny is also considering his own start-up, a travel agency business. While scheduling a family vacation at age 15 (his parents were swamped with their bakery business at the time], Sunny realized he had a natural knack for booking flights, applying for tourist visas, researching the best resort deals, etc. He managed to negotiate his way to such a great and affordable trip that his parents and sister insisted that he plan all their vacations each year. Furthermore, his uncles and aunties also insisted on getting his help! Sunny believes he can finally monetize on his abilities. With $3,000 worth of one-time advertising (brochures and social media ads}, Sunny estimates that he can book $200,000 worti of vacation activity in his first year. From this, he can charge a fee of 5%. While this wouldn't mean much money immediately, especially considering he would be spending about ten hours a week on the business, Sunny does believe he can double the $200,000 number in the second