Your friend‚ Mike‚ has just purchased a business. Because Mike knows that you have just received your Associate’s in Accounting at Kaplan University‚ he has asked for you help in evaluating the firm. Mike is not asking you to make a decision for him; he just wants you to help provide him with facts as you see them. Your task is to analyze the business and report your findings to Mike. Be sure to tell Mike everything that you can think of that will aid him once he takes over ownership from the seller
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Organizational Chart Business Owner: As a small business owner‚ you are the principal strategist and planner. You over see finance and accounting‚ also handle legal issues. The owner also is in charge for marketing and sales‚ customer service‚ and human resources. As a small business owner you have a wide range of varying duties that are critical for beginning and managing a successful business. Depending on the type of business and the stage it is in‚ the roles and responsibilities change and
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product at a right place=serving coffee fast near the industrial area) Price would not be a big deal as long as competitors launch the shops in the same area and sell coffee for a cheaper price. 2. What are the critical success factors of The Cappuccino Express? Which of these are controllable by Vincent? Location – Locating near firms and offices makes customers buy coffee easy. No competition – Vincent’s idea was very innovative when he launched the shop‚ so his business did successful
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bright with nature light shining 5‚ Giant Express super market is just downstair 1‚ The nearest coffee shop is about 800m away‚ about 10mins walking distance 2‚ Located furthest away from your company (about 3.1km‚ approximately 7mins driving distance) 3‚ A section of the walkway toward the nearest car park is not sheltered (umbrella is necessary during raining season) 1‚ The 3 nearest coffee shops and NTUC supermarket are about 50m away‚ about 2mins walking distance. 2‚
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increasing sales in your coffee shop isn’t just following the latest trends. It’s about guaranteed strategies that have been proven to boost proceeds. As with any other business‚ you must sell more to improve a coffee shop’s bottom line. Many of a coffee shop’s expenses are fixed‚ including your rent‚ mortgage and payroll. Therefore‚ it’s important to concentrate on what you can control: customer experience and getting the most profit you can out of that exchange. The first thing is Sell your customers
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Describe the supply chain of a cffee shop (of your choice) serving coffee and snacks. In what ways globalization and technology affects the supply chains? What are the main challenges for the supply chain for the successful operation of the coffee shop. Make necessary assumptions. 1. Supply chain in Costa Coffee starts at their 2 basic inventories; bakery supplies‚ and coffee supplies. Bakery is catered by Bells of Lazonby at the moment. While their coffee is coming from South America‚ Africa
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business due to begin operations in January 2009. The business is a Coffee shop and a Laundromat – a two in one service‚ intended to serve the community in Pietermaritzburg‚ in the new section of the Midlands Mall‚ an area where a laundromat will be ideally situated and needed for the area. Our goal is to provide customers with the convenience of having their laundry done while they have a bite to eat or catch up with a friend over coffee. Ownership and Management Overload will be a partnership
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Organizational Structure & Departmentalizatio n Impress-Newtex Composite Textiles Ltd Company Profile Impress-Newtex Composite Textiles Limited • Name of the company: Impress-Newtex Composite Textiles Ltd (INCTL). • INCTL is jointly owned by the Impress Group(owns Channel-i too) and the Newtex Group‚ Impress having acquired controlling 5l% stake in the company In 2009‚ from the Newtex Group‚ the original sponsors that established the companies. Impress Group‚ a reputed and diversified group
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Organizational Structure of a Housekeeping Department The housekeeping department of a lodging property typically accounts for the business’ largest labor expense. Executive Level Most hotel housekeeping departments are led by an executive housekeeper. This employee is typically a member of the executive team. In smaller properties‚ he reports directly to the general manager. In larger properties‚ he may report to the rooms division manager. The executive housekeeper is responsible for managing
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D. Technical Aspects a. Production program 1. Products: hot and cold coffee‚ coffee blends‚ cakes and pastries 2. By-products: 1000kg of fresh berry gives about 400kg of wet waste pulp and only 160kg of exportable green bean (Source: Jan von Enden - An Introduction to Good Manufacturing Practices for Post Harvest Processing of Arabica Coffee in Vietnam). Coffee pulp is mainly composed of water and sugar. The sugar can be fermented by bacteria and acidified‚ resulting in a bad smell. The water
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