Expansion of Operations for Kingston-bryce Limited (KBL)

Running head: EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
Expansion of Operations for Kingston-Bryce Limited (KBL)
Name of the Student
Name of the University
Author note

1EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
1. The tasks and milestones that would be required for the project are:
The certain tasks that would be required during the performance of the project based onn
the expansion strategy for KBL of CDRT are:
Date – 25/02/2020
Task Name – Contacting Human Resources for Acquisition
Task Description – This is considered as an important milestone task that would be
required for performing the works on the acquisition project. The human resources who would
be working over the project should be contacted and thus an experienced financial consultant
should be seeked who would perform work over the financial aspects of the project. Other
human resources includes the incorporation of an experienced project manager who would be
responsible for designing the actiivities according to the necessities of progressing over the
project work. The particular aspects within the competitor that would be acquisitioned should be
discussed based on the expansion of operations. The human resource department should thus be
solely responsible for procuring the best kind of resources for the project. This would help in the
successful accomplishment of each of the tasks within the project and ensure that every aspect of
the acquisition would be met accordingly.
The financial consultant should work in collaboration with the project manager to
determine the feasibility of the acquisition process. Hence, the project manager should properly
analyze the market under which their competitor would perform their business operations. Based
on the assessment over the marketing operations of the competitor, KBL should decide over their
next steps of acquisition. The financial stability of KBL should be assessed immediately after the

2EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
analysis over the feasibility of acquisition. The financial consultant would also need to assess
whether KBL would be successful from the acquisition. Hence, based on the various decisions
made, KBL should be able to decide the amount of profit that would be gained from the purchase
of their stakes from the competitor.
Date – 01/03/2020
Task Name – Financial approval over the initial project idea
Task Description – The KBL has decided over the acquisition of their competitor,
Custom Dining Room Tables (CDRT), that primarily specializes in designing custom furniture.
The financial consultant working within the project should evaluate the cost of purchasing their
competitor, CDRT. This involves the process of hiring of an attorney who would manage the
acquisitions of the company. On the other hand, an independent form of business valuation
should be made, which would be helpful in determining the health and value of the business of
CDRT. The project manager and financial consultant within the company should also develop a
past performance table, which would be helpful for showing the past history of loss or profit of
the business. The assets of the current business of KBL should also be determined. The debts of
the company and the capital amount possessed by KBL should also be discussed properly.
The financial position and stability of KBL should be assessed properly. Based on the
incomings and outgoing aspect of the financial stability of KBL, it could be determined whether
the company would be able to acquire stakes of CDRT. After the deciding whether the financial
position of KBL is stable, the business managers would proceed over the working over
acquisitioning the maximum amount of stakes over CDRT.

3EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
The financial consultant would be responsible for briefing out the written financials for
making the business managers to understand whethr they would be able to manage the
acquisition of CDRT. Hence, the business managers should carefully read the various written
financials in a careful manner and thus ensure that each of the aspect of finances are being stated
appropriately.
After determining the cost of assests possessed by KBL, the financial consultant would
hold responsibility to determine the various costs required to acquire the stakes of CDRT. The
acquisition of the company would require the designing of a certain plan that would be required
for performing the project work. The budget that would be required for the project based on
acquisition would need to be determined. After the calculation of the budget would be made, the
financial consultant would suggest and recommend the appropriate budget required for the
project to the KBL business management team to decide over the next steps of acquisition.
The strategic financial plan that would be required for the growth and profitability of the
KBL company. The risks that would be incurred for the business during the process of
acquisition would also be need to be analysed and discussed accordingly. The project manager
and financial consultant would be responsible for viewing each of the activities that would be
undertaken for the future works over the project. Based on determining the activities, the most
possible risks that could approach towards the project would be determined. The risks that would
be involved within the project would need to be determined along with the stakeholders who
would be involved for mitigation of the risk scenarios would also be need to be managed.
The key performance indicators that would be highly needed for the growth of KBL
company should also be need to be assessed properly. During the acquisition process, different

4EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
key performance indicators would be determined. After the identification of the key performance
indicators for the future project, the business manager would need to decide and prepare a
forecast report for the future prospects of growth. The future growth prospects would also be
determined against each identified metric.
Date – 01/04/2020
Task Name – Approval of Purchase Idea from Lawyer
Task Description – In the initial stage, a lawyer would need to be consulted who would
be responsible for advising on the best possible way to proceed with the stages of acquisition.
The lawyer who would be hired for the purpose of acquisition would be able to conduct
an initial level of investigation over the acquisition process. They would ensure that the
feasibility of the acquisition would be met. The lawyer would review the proposal that would be
delivered by the project manager and financial consultant working over the project. After a
proper kind of review over the over the proposal, any kind of changes that needs to be made
should be requested for the proper designing of the contract. This can be considered as an
important step because it will help KBL to decide over the next steps based on acquisition of the
stakes in CDRT. The lawyer would also decide over the steps of acquisition while ensuring that
both of the parties would agree to the terms and conditions of acquisition.
The project manager working over the task of acquisition should review over the
proposal along with the lawyer. Hence, they should provide a brief description of all kind of
possible form of legal issues that would arise during the process of acquisition. These issues
should be briefed in such a manner that the business managers involved would be able to gain
knowledge of the exact issue and thus solve accordingly by dicussing properly with the lawyers.

5EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
The legal requirements for the project would need to be discussed by the lawyer with the
business manager, project manager and financial consultant. The legal consultant working over
the project should detail the legal requirements that would be required for the project. They
should also provide a brief explanation regarding the ways in which the business would be able
to meet to the legal requirements.
The KBL while performing the work of acquisition should perform a brief analysis over
their future business strategies. This could be done by comparing their financial growth rate with
the past financial information of the company. Any kind of discrepancies that would be occuring
during the comparison over the past financial information and the current financial information
of the company should be reported accordingly to the lawyer. Risks should be discussed
accordingly with the project manager and financial consultant of the project. Hence, proper steps
should be taken accordingly to mitigate the scenarios of risks.
Date – 01/05/2020
Task Name – Meeting with the Board Members
Task Description – In the first activity during this period, a formal meeting with each of
the involved stakeholders should be performed. During this meeting, the project manager who
would be informed of all aspects of the project should report to the financial team and legal team.
The project manager should report these information to the other important stakeholders
involved with the project based on the gathered information.
After the review over the information gathered from the project manager, the important
stakeholders who are involved within the project should decide over the final purchase price of

6EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
the company. After a proper agreement over the price of purchase over the product, the
stakeholders would decide over going on to the next step of acquisition.
The project manager working over the project of acquistion over CDRT would discuss
with the financial advisor about the kind of financing that would be required for the purpose of
acquisition. The type of financing that would be required for the project should be researched.
Different types of options of financing would be available for acquisition of the stakes of CDRT.
After the research would be done, the financial consultant would perform the work of financing
works over the project.
After deciding over the most suitable option of financing over the project, the project
manager would hold responsibility of gathering all kind of necessary documents that would be
required for financing. The financial consultant would need to display each of the documents to
the legal advisor who would provide the final approval over the documents and based on that the
work of financing over the project should proceed.
After the review over the documents would be performed, the financial consultant would
provide the financing for performing the next works over the project. Acquiring of the financing
working over the project would be considered as highly necessary for progressing over the next
works over the project. After gathering the financing over the project, the project manager would
decide over the particular areas in which financing would be provided at which stages within the
designing stage.
The attorney would hold responsibility of drafting a document for the contract of
purchasing the maximum stakes of CDRT. The drafting of the documents would be considered
as highly necessary as this would help the legal advisor to determine the different kind of legal

7EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
requirements about the state of purchasing the stakes of CDRT. During purchasing of the stakes
of CDRT and making all kind of changes within the store, different legal requirements would be
set properly.
After the making of draft for the purchasing content, the key stakeholders within the
Custom Dining Room Tables would be receiving a letter from the attorney of KBL. This letter
would comprise information regarding the ways in which the acquisition of the business would
be done. The KBL owners would decide the ways in the project manager would be performing
the works of acquisition of CDRT. The expansion of operations would enable KBL to deliver
better results for the business. Hence, the discussion would be resolved with the CDRT based on
a formal discussion with all stakeholders of CDRT and then decide over the next step that needs
to be taken for the growth of the business.
After CDRT would receive the letter from KBL, the involved stakeholders from both
parties would decide over the agreement for puchasing the business of the competitor. After the
agreement of purchasing would be signed from both parties, the stakeholders would start the
work of purchasing of the business.
Date – 25/10/2021
Task Description – After each of the previous activities would be completed, the
involved parties in the project should decide over the next steps of acquisition of the business of
CDRT. Some of the involved stakeholders includes the business managers, attorneys, project
manager would need to sign the valrious contracts before the final work of the purchase over the
business would be done. After the signing of contracts, the CDRT would come under total
control of KBL. This would help KBL in acquiring a triple workforce and ensuring that their

8EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
business would be highly benefited based on the improvement in services that would be
provided.
2. Project Description
Kingston-Bryce Limited (KBL) is one of the most reputed custom furniture manufacturer
that primarily specializes in designing hand-crafted dining room tables. Customers have gained
knowledge about the major growth of the business and thus have also considered KBL as the
primary option when purchasing hand-crafted furniture. One of the major competitor of KBL is
Custom Dining Room Tables (CDRT), which also possesses a diverse expertise of designing
custom furniture.
In the recent times, The Board of Directors has identified a major opportunity for
purchasing some of the major business stakes of their competitor, which is KBL. The expansion
of business operations at KBL would ensure that proper form of customer satisfaction is being
provided to each customer from the KBL business. The tripling of the workforce for the
company would be majorly helpful for the company to ensure that more number of products
would be designed and thus the purchase rate of the products would increase in the next few
years. The project based on acquiring the maxiumum stakes of the company would take a time
period of 18 months for completion. Based on acquisition of the financial shares of the CDRT
business by KBL, there should be a proper form of project management aspects that would be
helpful for the management of the acquisition project.
The primary step towards the acquisition of the business shares of CDRT would be based
on understanding the purchasing process. This would be considered as highly important for the
development of the project. The process in which the resources would be purchased and thus

9EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
making payments to them would also be need to be decided. The KBL would also need to
purchase the various furnitures that would be designed by the CDRT previously. During the
aspect of managing the acquisition process, different risks would also be involved. Hence, the
project manager should be able to take necessary steps based on which the risks would be
determined and analysed.
3. Key Stakeholders
During the performing of the project based on acquisition, KBL would incur various
efficient stakeholders who would assist the performance of the project. The various stakeholders
involved with this project are:
1. CEO of KBL
2. Financial Consultant
3. Accountant
4. Financial Advisor
5. Steering Commitee
6. Legal Team
7. Human Resources
8. Project Management Office
9. Marketing Communications
10. Customer Support

10EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
On the other hand, during the acquisition process at CDRT, the key stakeholders
positioned within the company are:
1. CEO
2. President
3. Financial Team
4. Accountant
5. Legal Team
6. Steering Committee
4. Timeline for the Project
The timeline for the completion of the process of acquisitoning of CDRT would be based
on a 18 months time frame. The project would initiate on 25th February, 2020 and would have a
completion time limit of 25th October, 2021.

11EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
(Figure 1: The Timeline for the Project)
(Source: Created by author)

12EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
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