As a Tim Hortons team member I understand the importance of having a motivated and engaged staff when running a store. The most successfully run businesses are often in direct correlation to the quality of the staff working there, and the work put forth by the staff is highly influenced by the strength of their head leadership. Restaurant owners are the unseen hand behind the front line of any operating Tim Hortons store and they know it is as important to achieve staff satisfaction as it is to have high customer satisfaction. As a restaurant owner I would ensure that all team members felt valued and received the proper appreciation for quality performance. Another invaluable resource would be receiving updated training and open support from senior staff so they may feel comfortable and confident with the work they put forth. Lastly I would make sure that my staff worked in an environment that allows fun among team members while also maintaining their professionalism and focus. Feeling genuinely appreciated for the work one does both pushes and motivates people. It inspires a positive outlook on their job and drives them to set goals for themselves so they may exceed their previous accomplishments. Staff …show more content…
A franchise such as Tim Hortons, is constantly introducing new products and promotions. It is important to consistently ensure that all staff members are kept up to date on any marketing and menu related changes. To optimize on both team member and guest experience, all staff should exude confidence and be well informed so they can put forward their best work. Senior staff can be a valuable resource in achieving this. When a question or concern is posed our senior staff can provide assistance and , solving any issue by drawing from their past knowledge and previous experiences. This creates a support system among staff, building a healthy community within in the
Tim Hortons is a leading coffee chain brand serving various snacks and beverages. Tim Hortons specializes in food items like coffee, donuts, pancakes, waffles, strudles and lattes etc. It has a breakfast menu which includes bagel sandwiches, wraps, hash browns, oatmeal and croissants. It also has a menu for footlong sandwiches and burgers. Tim Hortons serves three types of coffees original, decaf and dark roast. In hot beverages French vanilla, lattes and mocha are available. In cold beverages it has iced coffee, fruit chills, fruit smoothies, frozen lemonade and chocolate chills. In baked menu they serve donuts, muffins, Greek yogurts, cookies, bagels and pastries. All these menu titles have a variety of options under them. Tim Hortons also serve
In choosing a business form for Tim’s Coffee Shoppe I would choose a Limited Liability Company. Operating as a Limited Liability Company Tim is protected from the issues of dealing with a partner and also the repercussions of his personal assets being attached to his business if he were to be sued. Under the Limited Liability Corporation all his personal assets are protected if the business goes under they cannot go after his home for debt. Working under a single entity LLC: This business is taxed the same as a sole proprietorship. The profits or losses from the business are not taxed directly to the business. But instead the taxed are paid through each single member personal federal tax. Although it will take him longer to turn a profit he will operate the business under his guidelines.
Depending on the execution and implementation of an expansion and its success rates, shares could go up or down in value accordingly, which then effects the companies’ shareholders.
All employees analyze their environment and strive to be recognized and rewarded for their hard work and dedication they put into the company, in a word they are seeking justice. Justice can be defined as a person receiving what they feel they are entitled to and if they do not receive what they deserve the situation may board on injustice. Unfortunately in today’s society justice and appreciation are not given out to all those deserving (Pinder, 1998). A major problem to address is how to keep the motivation level high in a company when the employees do not feel appreciated.
Tim Hortons is currently recognized as the largest fast food restaurant chain in Canada. It provides a variety of products that are appealing to a broad range of costumer choices and the prices are relatively attractive for most of the consumer range. They prices are priced low and that’s why they are often favored by people. The company’s product line consists of premium coffee, espresso-based hot and cold specialty drinks (including lattes, 3 cappuccinos and espresso shots, specialty teas, fruit smoothies), home-style soups, fresh sandwiches, wraps, hot breakfast sandwiches and fresh baked goods.
The main goal of this Interview is to examine and observe real-life project in industry and gather information/data from experienced perspectives as well as gain a realistic understanding of business operation and Inventory management at Tim Horton's. By having face-to-face communication with the owner, we were able to carry out our analysis and observations effectively because the owner was available to answer questions and also provide further insight about his firm. Since the owner is the one that knows his company firm best and had all the necessary information and details of operations, he was invaluable in to us we got most of our data/information from him.
Tim Hortons, Starbucks. Most people have a very strong preference between the two for one reason or another. What’s yours? Hey everyone, today I will be proving to you why Tim Hortons is the GREATEST (or at least better than Starbucks). And the reasons are simple, Tim Hortons doesn’t charge absurd prices for anything on their menu unlike Starbucks, Tim Hortons has many, many more options/donuts and the Canadianness that Tim Hortons has.
In addition, as being the cost leader in the market, Tim Hortons should also strive for better product quality at the same or less expenses. Tim Hortons’ managers should review the ongoing strategy frequently and omit any obsolete elements. Also, they have to react adaptively to unexpected circumstances and willingly make important adjustments to the strategy.
Internationally, Tim Hortons is fighting in a very saturated market, with a much smaller grasp on the market share, in proportion to its operations in Canada. Their goal is to expand by roughly 300 restaurants in the U.S. before the end of 2018, by enacting new developmental plans. These plans will be complemented by brand and channel additions to push brand awareness and penetration.
The last place you’d expect to have an identity crisis is Tim Hortons. How could one wallow in existential dread while the aroma of coffee and freshly-baked bread snakes itself through the restaurant? How could the lulling ambience of a coffee shop on a lazy afternoon be anything but peaceful? These are the exact questions I asked myself while a cold stare bore into me. It was a question itself that caused all these questions, one I hadn’t expected to be asked in a typical job interview.
While everyone may want to be rewarded for a job well done, everyone has different motivations that need to be taken into consideration. Everyone wants to be recognized for their performance and meeting or exceeding standards in the workplace. We have been groomed since infancy to expect a reward for meeting small achievements and major milestones, whether it was a celebratory smile from our parents for eating mashed carrots as a toddler, or walking across the stage to receive our diploma at graduation.
Tim Hortons belongs to a vast sector, termed the Hotel, Restaurant, & Leisure Industry. This sector is comprised of owners and operators from casinos and gaming facilities, betting services, hotels and cruise-ships, travel agencies, tour operators, leisure facilities, restaurants, bars, pubs, fast-food or take-out facilities and services (CMDportal, n.d). Industry Sector Classification is often used to specify businesses at the Legal Entity level. At the Legal Entity level, the classification is based upon their industry activity. In terms of Tim Hortons, its activity lies within its Coffee and Snacks industry.
Loblaw Companies Limited is a subsidiary of George Weston Limited, and Canada's largest food retailer and a leading provider of general merchandise. With more than a 1,000 corporate and franchised stores in Canada, it employs approximately 134,000 employees. Through its portfolio of store format and diversified products and services, the company is committed to meet the everyday household demands of Canadian consumers (Loblaw, Press release 2013). Loblaws has a strong private label program which includes President’s Choice, Joe Fresh and No Name brands. A combination of food selection and clothing accessories. It also offers a loyalty program and financial services for their customers. Before acquiring Shoppers Drug Mart, Loblaws decided to
Contentment and satisfaction of employees is extremely important as jobs are becoming more specified, selecting and training another set of workers is a long, expensive process. Motivation is the strongest, most efficient way to keep employees happy and at peak performance and things such as just saying “thank you” go a long way. In a study completed by Forbes, who polled over 2,000 professionals found that 53% of workers are more likely to stay with a company for a longer period of time solely based off of them receiving more appreciation from their boss/manager. That same study also found that 81% of workers are more motivated at work when their boss shows appreciation or thanks. Human resources has a huge part to play in this because of their role in the development, maintenance, and retention of employees. The HR management must make sure that bosses and managers with workers under their supervision feel appreciated and heard. This will lead to the employees working harder and/or better, making them more proud and happy, while benefiting the business by having a more efficient worker.
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.