SugarFine Café’s Revenue has been shown throughout the course of 12 months as well as the expenses to show how much the company is bringing in and how much there cost are. This is a way to determine the growth of the company. SugarFine Café’s Loan has been factored into the expenses to insure that it is paid back in a timely manner. As we can see on the Total Product Net Income chart the tax effects the amount the business makes the month that it exceeds $23500. We can also see a year worth of Net Income on this chart. With everything shown together from the charts and the Proforma it is clear to see that SugarFine Cafe’s is a profitable business and throughout each month that it is open it is shown to grow by 2.25% each month. As far as
Ethical business practicese include assuring that the highest legal and moral standards are identified in your relationships with the people in your business community. You know the most important person in your business is your customer. You should always go for long term profit instead of short term profit. A reputation for ethical decisions creates trust in your business among business associates and suppliers. Strong supplier relationships are critical to a successful business. So customer trust is only kept , if they are treated as initially they were promised to be treated.
4.1.3 How can an E-Business strategy help The Broadway Café attract customers and increase sales?
There are two chief participants in this case study, Paul Mackay and Jackie Patrick. Mackay, a sole proprietor of Lawsons (a general merchandising retail site in Riverdale, Ontario), has approached the Commercial Bank of Ontario in order to acquire an additional $194, 000 bank loan and a $26,000 line of Credit. Patrick, a first time loans officer, has been appointed to Mackay’s request. As such
Operating Income = Sales – Operating costs [OPI = S – OPC] We want: OPI = 0.15 * S So: 0.15*S = S – OPC So: 0.85*S = OPC But: S = Price1*Quantity1 + Price2*Quantity2 + Price3*Quantity3 + Price4*Quantity4 [P1*Q1 + P2*Q2 + P3*Q3 + P4*Q4], where 1,2,3,4 are respectively: Regular drink, specialty drink, baked good, coffee bag. With the assumption of 1 customer per drink sold, we also know that: Q1 = Q2 = Q3 = 5*Q4 (data from the case) Therefore: (P1+P2+P3+0.2*P4)*Q1*0.85 = OPC So: (3+4+2.5+0.2*16.5)*0.85*Q1 = OPC
As we can see from the figures and the information given in the present case, the company is very profitable due to the ambition and well management done by its owner Mr. Jones. In this regard, we can see in “Table 2 in the spreadsheet”, that the company is taking advantage of the 2% discount offered by suppliers saving around $75,000.00 per year.
This project for Illustrated Excel Module 2 refers to Camile, who owns a franchise of electronics stores with locations in four cities. Camile wants to analyze the sales and sales taxes paid for the most popular products. Through analyzing Camile’s sales, students learn how to estimate expenses, how to examine sales tax amount and calculate an average tax rate, along with how to determine a final revenue. The problem is solved through navigating external sheets, using relative and absolute references, generating function and non-function based equations, and utilizing formatting tools.
This shows that the Krispy Kreme is effectively controlling its costs of sales since they are growing slower than the growth in revenues. The trend percents for General and Administrative expenses however exceed those of revenues in 2002, but this has changed in 2003. In both years the trend percents for income tax are noticeable higher that that for revenue, but the bottom line trend percents for net income is well above those for revenues which is a positive sign.
With the loan payment and the tax rate calculated into the monthly cost we can conclude that for the first month SugarFine Café’s net income is $15385.68, while month three is $16714.44, month six is $18821.80 and month nine is $18652.26, and finally month twelve is $20783.79. This is where I can come to the conclusion that after the calculations we received from expenses and revenue as well as the amount the loan is and the tax rate that SugarFine Cafe is profiting as a company overall. It is growing positively each month.
Mia Foster knew that the middle class people are growing and major share of youngster prefers fast food so she could come up new marketing strategies, which would attract more customers in this age group. However, the problem in doing so would be that she should the Chinese market knowledge in doing so and her marketing, schemes can be outweighed by the competitors like pizza hut, KFC, and
Happy Buns restaurant was first established in 1864 in Delaware and Ohio. Since then though it underwent a lot of challenges it still managed to stand against other competitive restaurant to be the best selling restaurant of buns and other baked products. Due to good performance in Delaware there emerged need to expand profits through growth and setting up of branches elsewhere in Columbus, Ohio. Considering that it had already established itself better in Ohio, then this other restaurant would be viable in the market to fetch profits.
1. Statement of Problem: What are the problems being faced and the most important 3-4 decisions the company needs to make regarding the situation of the company in China.
The context change in form that Starbucks found itself competing with smaller chains that resembled its former pre-expansion model with competitors focusing in creating symbolic-expressive value and fast food restaurants that had started to offer specialty coffee with more aggressive advertisement at a lower cost. The competitive context changed for Starbucks because it’s focus in mass distribution channels and its retail footprint strategy stated its product within a standard performance product value; this affected the value perception of the product.
The purpose of the assessment is the examination and thorough study of a local café popularly known as the El Carte Presto Café. This is a major café in South Florida and keeping in mind the need of thorough evaluation, the study has been broken into sub-parts whereby it assesses three aspects of purchasing management namely supplier selection and evaluation system, purchasing cost analysis and the use of information and communication technology for the purpose of magnifying business and increasing sales. The study provides a deep insight into the working of any café, right from its groundwork to reaping high benefits in terms of monetary returns.
Hello, fans! The greatest café in Alaska has reopened for business. Wilson’s Bakery Café is here to brighten your life with the best variety of pastries, sandwiches, flavor water, etc. The business is here to welcome every customer warmly and make sure each need of the customer is met to the best of our ability. For the grand opening, we will be hosting a contest to encourage customers to sample two of our new homemade products and would like to receive your feedback by completing the brief survey of which products you like best.
Café Coffee Day (CCD) started the coffee revolution in India in 1996 and is now the largest coffee chain. The report talks about how to respond to the Starbucks’s entry in India with a joint venture with the Tata group. While most global brands have failed to gain much of an edge in India against CCD Starbucks is having many advantages over the other global brands due to its brand value and its JV with Tata group.