McBride Financial Services Virtual Organization Strategy University of Phoenix Dana Campbell/Fin 370 Team A: Eric Johnson, Audra Purifoy, Ron Sweet, and Alison Vesper 2/23/2009

Introduction... Strengths and weaknesses of available options Opportunities and threats of each approach Recommendation

Options for Growth IPO = regulation by SEC, demand for public disclosure Merger = incompatibility issues, resistance to changes, and reduction of employees Acquisition = same as with a Merger The goal is wealth... Choose carefully/wisely because there are pros and cons for each. IPO = access to more capital through sale of stock Merger = fresh perspectives, access to new or better capabilities, and access to existing assets Acquisition = Same as with a Merger StrengthsWeaknesses

Opportunities and Threats IPO = loss of control, exposure of company activities and legal proceedings Merger = loss of valuable employees, temporary reduction in productivity and revenue, lengthy process Acquisition = same as with Merger, often hostile causing more disruption in acquired company IPO = allows the company to expand through new assets Merger = decreased expenses for new assets, blending what works best from both companies, cream of the crop employees, systems, and processes Acquisition = Same as with a Merger OpportunitiesThreats

Recommendation It is the recommendation of this team that McBride Financial Services would achieve more success and growth by going public through IPO.

Conclusion... Strengths and weaknesses of available options Opportunities and threats of each approach Recommendation

References: McBride Financial Services. Our Mission. (2005). Retrieved from: vop/Business/McBride/Internet/McBridePort.ht m