Memo

Name

Date

Intuitional affiliation
DATE:23RD JULY 2022

TO: Board Members

FROM:

SUBJECT: Managerial Negotiation

Introduction

Founded in 1971, Humber Home Support Services Inc. serves the elderly and disabled in

the Etobicoke district of Toronto. Students came up with these solutions in response to a rise in

demand for these services. Services for the elderly and the disabled are offered by Storefront.

These organizations offer a wide range of services, including adult day programs, communal

eating, and foot care. Homemaking assistance, guidance and referrals for respite care and

transportation to/from medical appointments are among the services provided for persons in

need. As a small firm, Storefront has grown into a multimillion-dollar enterprise.

The 14-member board, which includes two vice-chairs, committee heads for program

management, human resources, strategic planning, and finance, as well as two other members,

oversees the agency's operations and spending. Participants in the Storefront project are required

by law to pay for the premises that restrict their access. Now that the group's finances are in

order, it must now figure out how to pay its upcoming bills. Before it was turned into a store, the

facility was used for parks and leisure by the City of Toronto. The city's current agreement with

the agency expires this year, and Storefront must come up with a strategy to prolong it.

Recommendations

Recreational facilities must abide by established guidelines.

 It is essential for the business to stay current with any modifications that may take place

in the recreational amenities or historical parks. Access to the recreation center will be simplified

for people with varying degrees of mobility thanks to the installation of an elevator and the

construction of two new buildings at the location.

In addition to this, you are required to compile a report on the current state of the trust's

finances. This report is required to offer detailed information about the expenses that the trust

incurred in order to meet its obligations. Because the City of Toronto has contributed one percent

of the total budget, data and facts have the potential to have a significant impact on the direction

that the conversation takes. This is a direct result of the fact that data and facts have the ability to

have a significant impact on the direction that the conversation takes.

Involvement of the state

Storefronts have the option of submitting a request for assistance to the government in

order to increase their financial resources and finally be able to pay their rent. This option is

available to storefronts. The one-time fundraising event that is being organized by the

organization will in no way have a detrimental effect on the activities that the Storefront provides

to those who are old or disabled. If a fundraising event is going to be considered a financial and

social success, it is absolutely necessary that every single person who attends the event has the

ability to acquire something to eat at all times. This is a requirement that must be met in order for

the event to be considered a success.

The overwhelming majority of contributors take part in events like these in order to

expand their professional networks and make new connections in support of the charitable

endeavors in which they are already involved. Donations to charity organizations are commonly
donated in the name of a friend or family member who has recently died away, or in tribute to

the donor's anonymity. This is done so that persons who have just endured the death of a loved

one can take some time for themselves and concentrate on the positive things they have done to

contribute to the overall well-being of society.

Thanksgiving is a time to thank those who have helped you.

Storefront may choose to show its appreciation to the companies and organizations that

have helped it with its charitable work over the course of the years by throwing a party on the

holiday of Thanksgiving. This get-together is scheduled to take place during the month of

November. Storefront ensures that all of its sponsors have a voice in the process of renting the

facilities that are utilized for its operations by making sure that they all have a voice in the

process.

This provides Storefront with the ability to guarantee that all of its sponsors have a say in

the process. In your application to the Toronto City Hall, you have the option of presenting

information on previous rental patterns as well as data of how Storefront makes its space

accessible to older citizens and those with disabilities. You have the option to carry out this

activity in any way that you see fit. Storefront has the choice of proceeding in the same fashion

as before, or abandoning their ideas entirely and starting over.

Fundraising effort by an institution of finance

Storefront has made a significant amount of effort to make the lives of people who are

having trouble making ends meet a little bit easier by providing them with resources that can

assist them in doing so. This has been accomplished by distributing food, clothing, and other

essentials to those in need. Because of this, the city and the board are now in a position to have
discussions about the most effective ways to provide additional facilities and services for the

elderly and the disabled at the lowest possible cost while still maintaining the highest possible

level of quality. These discussions can now take place because of the fact that the city and the

board are now in a position to do so. This is a direct result of the trust that has been built up in

the organization as a direct result of the company's well-deserved reputation for being honorable

and trustworthy. This is a direct consequence of the trust that has been built up in the

organization.

Financial incentives to support organization

The City of Toronto may provide Storefront with a variety of financial incentives in order

to encourage the organization to continue doing the essential work that it does. This is because

Storefront helps the elderly and the disabled, and the City of Toronto supports various

community programs. Consequently, the City of Toronto may provide Storefront with these

financial incentives. As an incentive, one may either provide renovations to pre-existing trust

facilities or the development of new trust facilities. Either option is acceptable. Helping those in

need has been Storefront's primary mission for the past 35 years, which is the length of time the

organization has been in operation.

In addition, because it is a reputable and well-known organization, the city and board are

able to engage in conversations regarding the best ways to offer new services to individuals who

are elderly or disabled at prices that are affordable while still preserving the highest possible

level of quality. These conversations can take place regarding the best ways to offer new services

to individuals who are elderly or disabled.

Consult a lawyer
 As a result, the storefront may decide to seek the advice of a lawyer, who may have a

better grasp of leases and may be able to come up with a solution that ensures that all parties are

paid fairly. Organizations like Storefront, which is a non-profit organization, have a hard time

affording both the rental and upkeep fees of the facility. After a certain amount of rent from the

trust is collected, the City of Toronto will no longer have to worry about the cost of insuring its

facilities and structures. As time passes, the trust may be able to continue uninterrupted thanks to

the insurance. The trust's members are protected in the event of a calamity thanks to insurance.

Before the lease ends, each board member must contribute to the decision-making process and

engage in discussion about the subject.

Donation for a short period of time

Storefront's activities for the elderly and disabled will not be affected by a short-term

fundraising event that the group must host. In order to raise money and have a nice time,

fundraisers need to provide food for the participants. Many of the people who give money to

humanitarian causes do it in order to broaden their professional contacts and make new friends at

gatherings like these.

To help those who have lost loved ones come to terms with their loss, numerous

charitable donations are given in their memory or in secret. Repairs to leisure centers and historic

parks in Toronto have been paid for by Storefront for 35 years without paying rent. In the event

of an emergency, the Storefront should have kept the money on ready to use as petty cash. There

must be a complete financial picture in order to offer it to the Toronto City Council for

consideration.

Control and feedback

 Humber Help Services Inc. has a long history of serving the needs of the elderly and

disabled, as well as their loved ones and the communities in which they live. Primary financiers'

contributions to the trust and the lives of its members are used to their fullest extent for the

benefit of the trust and its members. As a point of reference, the trust hasn't paid a cent in

property taxes in 35 years, which isn't quite official. This is something I'd want to bring up.

According to my understanding, although being overseen by a government agency, this trust is a

non-profit organization that assists individuals around the world. There is a good chance that the

problem will be solved well before the lease is up. When it comes to negotiating the terms and

conditions of a lease agreement, I prefer to offer my thoughts and views during the negotiation

process. Toronto's willingness to collect rent at market rates doesn't mean that it should be able

to afford to maintain and care for its properties. It's possible that two new buildings and an

elevator will need to be built regardless of how much rent the Storefront pays to the City of

Toronto each month.

Contingency

Owners of the land may want more of it if new owners are making a lot of money and are

therefore worth more to the current owners. City of Toronto may decide to demolish the property

and invest millions of dollars on it rather than transferring the buildings and infrastructure over

to commercial or industrial firms. Without an assurance escrow, it will be difficult for this trust

to retain its current level of success over the past 35 years. Trust and the City of Toronto will

keep an eye on Storefront to make sure it has enough money in case of natural or man-made

disasters that destroy the building and its facilities. People can continue to receive assistance

from the trust as usual. For the sake of accountability, the Storefront may be required to keep the

monies on hand.