Developing a Lean Plan A local entrepreneur owns a print shop that has been in business for 20 years. The owner focuses mainly on printing business cards, flyers, posters, brochures, and banners for local businesses. They have noticed that sales have been declining for the past five years because promotions have been evolving into digital ads, social media, and other Internet marketing techniques rather than printed material. They will need to innovate if they want to stay in business.   Last week, the owner visited one of your entrepreneurship professors to ask for a student or someone to help. Since you aced the class, your professor thinks you can show the owner how to develop a lean plan, and they offer you an internship. You accept gladly and begin to work on the project.   Develop a lean plan and explain to the owner how this can help them grow in the next three years.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Developing a Lean Plan

A local entrepreneur owns a print shop that has been in business for 20 years. The owner focuses mainly on printing business cards, flyers, posters, brochures, and banners for local businesses. They have noticed that sales have been declining for the past five years because promotions have been evolving into digital ads, social media, and other Internet marketing techniques rather than printed material. They will need to innovate if they want to stay in business.

 

Last week, the owner visited one of your entrepreneurship professors to ask for a student or someone to help. Since you aced the class, your professor thinks you can show the owner how to develop a lean plan, and they offer you an internship. You accept gladly and begin to work on the project.

 

  • Develop a lean plan and explain to the owner how this can help them grow in the next three years.
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