MY COPY
Develop and Implement Strategic Plan
Company Description
AQIBCafecoffee house is located on Burwood Highway on Ferntreegully Victoria City, a cosy café will be located in the recently completed Market Square Plaza The cafe will serve gourmet coffee, espresso , Lattes and smoothie along with muffins, breads, cakes, cookies all daily baked by a local bakery.
Owen AQIB, the owner of the cafe has several years of experience in the running and management of the restaurant chain. The restaurant will be operated from 7 to 11 on Thursday, Friday and closed on Saturday and Sunday - the cafe will be open for business Monday.
Ownership
Mr. AQIB is a graduate of Swinburne University and has a degree in Business Administration. In high school,
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Coffee consumption is expected to increase through 2015 at an average annual rate of 2.7%, while tea consumption is expected to increase through 2015 at an average annual rate of 3.1%. Positive expectations for continued growth in coffee sales, despite its “mature” product position in the market, are due to the innovations in premium coffee products (pods, single-serving instants, etc.)
What is Strategic Planning?
A strategic plan is a clear statement of guiding principles, beliefs and overriding values that will direct the firm in the future. It is a clear statement of who the partners of a law firm want to be, and the process to be followed to achieve these objectives.
The plan should include a clear resolution of important contradictions among and between partners, and address such items as:
• Should we emphasize providing superior service vs. being more pragmatic and emphasizing cost consciousness?
• Should we emphasize business production vs. business origination?
• Will the firm be a "unified" law firm or a collection of solo practitioners?
• Shall we strive to achieve uniformity vs.
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Price Chopper brings 10,000 shoppers weekly to its location.
Sales Strategy
The AQIBcafé will use the following methods to increase sales revenue:
• Control waste and theft – audit sales and inventory reports as retail locations can easily waste 20% or more of their daily sales these three key categories, which is a substantial and unnecessary loss
• Monitor and evaluate hours of operation
• Monitor flavouring inventory – Excess flavouring inventory ties up capital and valuable back room space for storage.
• The menu will focus on the most profitable products sold. The café will always draw customer attention to the most profitable products
• As warranted, the café will raise prices to boast brand image. Prices communicate a perceived value of a product; so if set too low, the customers might assume that the beverages are inferior compared to the competition
• Run employee sales contests – The baristas are the salespeople and have a great deal of influence over the customer ordering process. All baristas will have some form of sales and customer service training to make each transaction active, rather than passive. Sales contests will emphasize high margin items or cross
In the US, specialty coffee is a $5-billion industry with a 20% growth rate (House, 2013)
Many people continue to drink coffee on a daily basis. Per capita coffee consumption is expected to increase at an annual rate of 0.9% in the next five years to 2020. The industry revenue is anticipated to grow at an annual rate of 2.3% to $40.1 billion within the same period. The total revenue
Comcast is the leading cable telecommunications and Entertainment Company in the industry. Their strengths lie in their products and the will to explore and improve with their services. They always continue to provide customers with new and improved services and continue to build on existing services. Comcast is the fourth largest cable company in the world and served customers in 39 states with over 24.7 million cable customers. (Comcast, 2008). The chart below shows the amount of subscribers in the country:
Coffee pot: The café was a walking distance from our hotel – and opened very early, so ended up having breakfast here many times. The coffee and food were great, but we really enjoyed the ambiance and the friendly service. They also offer half-plates so won’t have leftovers to carry around. My favorite dish was the build your own omelet and the Waffles.
According to the Business Dictionary (n.d.), "the strategic plan is a broadly-defined plan aimed at creating a desired future" (para. 1). A strategic plan is a long-term plan that provides a direction for an organization's activities by defining specific aspects needed for success. A growing number of organizations realize the importance of strategic plan, and they would like to establish strategic plans to guide their performance. I consider that the strategic plan not only plays a significant role to organizations and individuals but it is also needed to determine how to balance all of their obligations. When it comes to me, as a graduating student, I am going to apply for a good career. In recent years, a growing number of graduates are
Were you needing a flyer with all the dates? If so let me know and I will create a flyer first thing in the morning and email it to you. If you were just needing the dates of the upcoming café the following are listed;
Townsville is also home to one of Australia’s finest morning meals with Jam, the chic open-all-day café at one end of Palmer Street, honoured by the Australian Savour Awards for serving the country’s very best brekkie with the Asian chicken omelette a local favourite that’s been on the menu ``since day dot’’.
The food in the café needs to change. I hope it would be possible for you to give us food more options instead of two. You also should give us more food and buy fresh meats and vegetables, so the food can taste good all of the time.
The organizations that will be discussed are Century 21 Powerhouse Realty where I am employed at as a real estate agent and the Disney organization, which is an organization that has adopted total quality management. In the following paragraphs I will evaluate my organization’s mission, vision, goals, and objectives as well as discuss the relationship
The purpose of strategic planning is to set overall goals for your business or organization and then develop plans to achieve them. The most difficult part of strategic planning is to go outside of what we consider is possible now, and imagine what is possible for the future.
Why might a business need to have a strategic focus? Companies do not always realize the importance of a strategic plan. Some think they can just start a business and it will run itself. Educating their employees on strategic planning, and having a strategic focus is an important part of a successful company. As an executive of a corporation, it is their responsibility to demonstrate a strategic-minded approach.
A strategic plan will basically layout the goals and the general direction of what the company wants to accomplish. A great way to analyze a strategic plan is a strategic audit. A strategic audit is a checklist of questions about a certain aspect of the company or issue that triggers a deeper analysis
The ambiance is very relaxing and elegant. And the overall physical image of the store is conveniently designed with beauty. They designed the café visualizing the taste of the new generation to make the place suitable for all ages.
Strategic plan: Management’s source for communicating the organization’s vision, business plan, goals, and objectives. Describes the organizations prior outcomes and outlook for the future of the company.
The consumer market is segmented according to age as well as preferences. People working in offices located close to the coffee bar and on sophisticated teenagers. Younger consumers are often willing to spend more on fancy coffee blends and signature drinks; the health-conscious would be willing to pay extra for “healthier” substitutes such as organic products; My market research shows that these are the customer groups that are most likely to buy coffee products. Since coffee consumption is universal across different income categories and mostly depends on the level of higher education.