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Case Study

• Discuss the steps Sven should take to organize and prioritize his business growth strategy? • If Sven enjoys all facets of owning a business, what business form best fits his expansion plans, and why? • Discuss what kind of financing assistance might be available to Sven? Discuss options explaining why these were chosen. Then make a recommendation for the best financing option. • How Sven staffing might needs change? Discuss the best way for Sven to organize, orient, and train his restaurant staff. What kind of organizational structure would work best for Sven’s expanded business? [e.g., vertical hierarchy, functional, teams, flat (horizontal), matrix] to meet the needs of his new business; • How should Sven deal with his current customers in regard to the change? What kind of promotion should he consider in attracting customers to his new location? Be thorough with the responses. • What are the ethical issues and potential social responsibilities highlighted by this change in business? (Consider customers, employees, the current and new communities, and other stakeholders.) How might these issues be dealt with most appropriately? Paper 2: 2,000+, reference page, title page. Case Study: Sven’s Sandwich Shop is one of the best-known and most loved sandwich concessions in town. In business for about five years, he sells sandwiches and other lunch items made from locally produced food from his mobile food trailer. Sven’s passion and talent for creating reliably fresh, tasty lunch fare popular among a business clientele (largely employees and shoppers) has made his small enterprise a booming success. In the last year, Sven added three bicycle-towed concessions that travels to different strategic locations in town, selling his popular sandwiches to customers who work beyond walking distance of Sven’s Sandwich Station. He now has a total of six employees, all part-time, working the concessions. Because he caters to urban customers, his concessions operate on week days from 10 am to 2 pm. To promote word-of-mouth advertising, Sven uses Facebook to publish his daily menus and the locations of the bicycle concession. As a sole proprietor, Sven has been pleased with his lunch business success. Now it’s time to get serious about the future of his business. In the short and medium term, he wants to see the business grow into a potentially more lucrative enterprise, implementing a greater variety of food products and services, and increasing his competitive edge in the region. Ever the ardent entrepreneur, Sven’s long-term dream is to develop his creative, health-conscious culinary skills and services into a wider clientele outside the immediate region. An opportunity has arisen to lease restaurant space about 20 miles away from his trailer concession location, close to a mall and the suburbs and nearer to his local food producers. Sven has jumped at the chance and plans to expand his current business. While he has hired professional business consultants to help him set up the space, design the menu, and implement the opening of the restaurant, he must also consider the short- and long-term financing, human resource, and management needs of such an expansion. Sven is particularly sensitive to his relationship with his customers, employees, and the community.
• Discuss the steps Sven should take to organize and prioritize his business growth strategy? • If Sven enjoys all facets of owning a business, what business form best fits his expansion plans, and why? • Discuss what kind of financing assistance might be available to Sven? Discuss options explaining why these were chosen. Then make a recommendation for the best financing option.
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Assignment ID
42911
Discipline
Type
CREATED ON
September 18, 2016
COMPLETED ON
September 20, 2016
Price
$40
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Latest reviews for creativewriter1
Shabnam Zoroofchi
November 30, 2016
Shabnam Zoroofchi
Great work!
mysaratoga8730
November 24, 2016
mysaratoga8730
great writer. Highly recommended.
sam.gordan1679
November 23, 2016
sam.gordan1679
Extremely recommend this writer. He followed all the requirements and put a real effort into writing a good paper. Very satisfied with his work!