Help still needed...
I am a finance major student who is just about to finish my junior year. Due to the late start of my internship searching process, I still haven’t landed any summer position yet. I am thinking about restructuring my parents’ limousine company. However, most of the ideas I can think of is on the operation level, what can I do to help improve the company while gaining hands on financial experience??Thanks for your input in advance everyone!
So I posted this up a little while ago.. but I am still kind of stuck with mostly opreational level ideas...
What can I do for the company to gain more of a finance related experience??
any idea or suggestion is welcome! thanks!!
Well, how about the following. Go to your bank and pledge the limos for a loan. Then go to a rival limo company and buy them out, merging the two businesses. Then, securitize the cashflows of the merged entity to raise yet more funds and use them to buy the local taxi company. Hike up taxi fares so more people will shift to the higher margin / price bracket limousine service. By end summer, you'll be big enough to take on public transport, and by fall you'll be rady to IPO ;)
Consider an unpaid internship working for a financial advisor.
thanks headhunter, hmm that does sound like a big project... While I think that is a great way to make the company big, I comes with a lot of risks as well. I will put some serious thinking in to this. thanks again!
as to Pathus's suggestion, I worked at smith barney with a FA before, do you think doing another similar internship will still be beneficial? thanks!!
This is ridiculous.
I do think the merger part is do-able.. with enought consideration.
Please tell me this is a joke. Please.
My parents' limo. company is VERY small in size (9 drivers), and there are a lot of these smiliar mini-size companies out there, thats why I believe a merger is do-able...
any other suggestion?
Either this thread, or you Fastlane, are a joke.
What do interns do at a PWM at ML, Smith Barney, or UBS.
Do you know those chinese balls, the ones that come in those clever little boxes. They play with those all days, they come up with tricks, then they do little puppet performances for the advisors each Friday. Often, the advisers pelt the interns with spoiled fruit in the parking lots, some call this a right of passage, I call it Guantanamo Sachs PWM.
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