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Professional Memo-Virtual Organization Business Types

Essay by   •  January 26, 2011  •  410 Words (2 Pages)  •  1,577 Views

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The purpose of this memo is to address the business types for the following Virtual Organizations Riordan Manufacturing, Huffman Trucking, Kudler Fine Foods, McBride Financial Services, The Elias Group, and Smith Systems Consulting.

• Riordan Manufacturing, Inc. is a global plastics manufacturing company. Riordan is an industry leader in the field of plastic injection. The Company has facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China. The major customers for this company are automotive parts manufacturers, beverage makers and bottlers, aircraft manufacturers, appliance manufacturers and the Department of Defense. This company was incorporated in 1991.

• Huffman Trucking Company started 1936 as a sole proprietor. The company grew due to World War II. The company now employs 925 drivers and 425 support personnel. Huffman owns and operates 800 road tractors, 2100 45ft trailers, and 260 roll offs. The primary customers include U.S. Government, automotive parts suppliers to major manufacturers, electronics, raw materials for manufacturers, and any customer requires special accommodations. The privately held company has grown from a sole proprietor into a C-Corporation without limits on shareholders.

• Kudler Fine Foods is a specialty food store located in the San Diego area. This company has 3 locations. Kudlers specializes in Pastries, Fresh Produce, Fresh Meat & Seafood, Cheese’s & Specialty Dairy Products and Condiments & Packed Foods. Kathy Kudler, owner, sole proprietor, opened her first store in 1998. Kudler opened two other locations and now working on opening another in future.

• McBride Financial Services is a start-up regional mortgage lender which specialize in conventional, FHA, and VA loans for home purchasing and refinancing. McBride’s plan is to expand into 4 other states. Hugh McBride is a sole proprietor

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