Business Profile Type of Business: The Coffee Bean Gourmet Coffee, Coffeeshop
Contact: Jenny S.
Evaluation Request: The Management Team is hoping to employ an accountant.
Jenny S., " We don't have the level of money related control that would be normal in a business of our present size."
Business History: With the developing interest for fantastic gourmet coffee and extraordinary service, The Coffee Bean have been gaining by its closeness to the University of Malta grounds and have constructed a group of repeat clients. This little family business have been putting forth its clients the best coffee in the region complimented with cakes, and in addition free books that its benefactors can read to make the most of their visit. A few of the other staff had 3 to 4 years history with the proprietors and are very proficient in their obligations. These are a percentage of the purposes behind their quick development.
Number of Staff: 3 full time and 6 part time employees. Counting proprietor & administrator
Building Features: The organization is working on a 1,950 square foot coffee bar within walking distance from the University of Malta grounds. 1 office w/2 work areas, 200 sq. ft.
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The larger serving size of Great Cups of Coffee is perhaps the most apparent gage that will improve appeal for the company’s customers. Receiving extra of a proportionately quality product for a comparable price obviously works as an enticement for customers to prefer Great Cups more than the opposition. While customers identify with a better quality and superior taste with fresher coffee, Great Cups supports its effective model of serving coffee that has been roasted no more 72 hours ago and that is blended and ground right at the store. Great Cups also provides as an unintended marketing method community bulletin boards and assists with book club gatherings as well as
Tim’s Coffee Shoppe is a well established business that has been running as a sole proprietorship for over 30 years. The business needs to improve on its management strategy in order to perform optimally in its present environment. The purpose of this paper is to provide the owner Tim with suggested improvements on managing the human as well as financial resources of the coffee shop so as to remain competitive and increase profits. The Coffee house is conveniently located close to several metro stations, ensuring a steady flow of traffic. It is also situated near a University, presenting the business with a steady clientele of college students. The business is facing stiff competition from Queequeg’s coffee with 7 shops located near Tim’s. However, the restaurant seems able to hold on to its market share judging from the reported sales revenue of $ 400,000, and increasing sales. The Shoppe recently underwent a remodeling of its interiors and exteriors, and has purchased several new equipment including computers and a freezer. Tim’s is however facing challenges in staff management.
Starbucks Corporation is one of the world's largest coffee roaster, marketer, and retailer of coffee. In 1971, three entrepreneurs, Jordan Bowker, Zev Siegel, and Jerry Baldwin opened first Starbucks store in Seattle, WA. In 1982, Howard Schultz joined Starbucks as a marketing director. He came up with the idea to make Starbucks a coffee house chain but Starbucks founders rejected the idea and he left the company in 1985. Later, Schultz started his own coffee bar named “Il Giornale”. In a couple of years, he was able to buy Starbucks Corp. from its original owners. He renamed his coffee bars "Il Giornale" as Starbucks. In 1987, Starbucks opened its first store outside the Seattle in Vancouver and Chicago. In 1996, Starbucks opened its first international store in Tokyo, Japan. [1,2]
BB's Cafe offers New Orleans-style dishes with a touch of Texas flair. Its welcoming setting is great for grabbing a bite to eat for lunch with colleagues or dining out with family. Owner Brooks Bassler is proud to share his grandmother's recipes with locals or travelers to the area. BB's Cafe has starters like fried pickle chips and Cajun-style taquitos stuffed with blackened shrimp. Patrons can enjoy an entrée of crawfish tails smothered in a red roux, shrimp and grits or oven-baked flounder filled with crab dressing. This restaurant also serves its popular New Orleans-style po' boys and hearty salads.
The Keurig Green Mountain Coffee Company is a leader in specialty coffee, coffee maker, teas and other beverages. They have provided the means for brewing a single cup of coffee from the comfort of your home or workplace. The Keurig green Mountain Coffee Company focuses on the consumer and improving their coffee experience. As a company, they are emphasizing the importance of social responsibility. They claim that 85% of the waste from coffee is diverted from landfills and that their company has provided 57k total hours of volunteering. They currently offer 14 appliances for brewing beverages, over 500 varieties of beverages, and use 75 Brands in the Keurig system. In 2014 they had $4.7 Billion in net sales totaling $596 Million in net income. In 2014 the company began entering the global market. In less than one year they were able to penetrate the UK and Canada markets. (Keurig Green Mountain, 2015)
Over the past few decades, Starbucks has become a household name. Headquartered in Seattle, Washington, Starbucks is one of most lucrative coffee chains in the world. As of 2015, the company has chains in 50 countries with more than 22,500 stores in operation (Starbucks Corporation, 2017). The 70 stores located in Australia are focal point stores, which focus/tailor to improving the marketing strategy, customer service, and testing of new products to differentiate the company from the competition. Coffee is their primary business, so obtaining high-quality coffee beans from the nations that produce this product is important. Not only does the company sell hot coffee beverages, but they also offer a variety of cold drinks. The menu consists
Coffee is a growing part of people’s daily lives. Just before the 9-5 weekdays, and even during the 9-5, it is common for the working class to drink a cup of coffee. To support this accustomed part of our culture, it involves a complex supply chain that allows those coffee beans to turn into a cup that can be consumed. This paper is structured on how Starbucks, the top coffee supplier in the world, can supply its stores, from raw materials to manufacturing, right to the start of someone’s day.
The founders of Keurig Inc. created the company to develop an innovative technique which allows customers to brew one perfect cup of gourmet coffee at a time. In this case, the CEO Nick Lazaris along with the other leaders of Keurig Inc. must determine how to successfully enter the at-home-market for use at customers’ homes, while maintaining a healthy relationship with Green Mountain Coffee Roasters, Inc. (GMCR) and Van Houtte. GMCR and Van Houtte are two of the company’s main roaster partners that own a 70% stake in Keurig, so they want the business to succeed but are a little apprehensive about the company’s marketing and pricing strategies.
Caffé Nero is a successful family-run coffee house business, founded in 1997. Since then, it has been growing significantly fast and in a span of almost 20 years, while starting out as an only UK based company, it has now expanded abroad, including the United States, United Arab Emirates and several European countries. As internationalisation has proven to be a successful step and Caffe Nero is now one of the leading UK coffee house operators in the world with over 600 stores worldwide, it is considering expansion to either Canada, Italy or Qatar for the purpose of accessing more efficient production. While all of these options seem reasonable, initial analysis must be made to determine the most suitable one.
Mauricio Font, a sociologist, depicts in his novel a detailed study of São Paulo’s coffee plantations in the 1920s, in an attempt to evaluate the impacts of coffee on Brazilian society. Part one, subsection 4, “Coffee and Industrialization,” was relevant to my research because this section of his novel is where he explicitly rejects previous scholar’s theories that coffee caused underdevelopment in Brazil. Instead, he agrees that “internal factors in São Paulo’s export system helped to form a dynamic process of social and economic diversification, which resulted in a more capitalist competitive market.” He cites how coffee estates were not fully capitalist programs early on, however, planters were able to establish contracts with immigrant
The brand of Colombian Coffee is import to Juan Valdez for providing the best tasting coffee. T...
A range of social and economic positive impacts occur in relation to the production of coffee. Coffee makes a positive contribution on the social side as it maintains a substantial rural employment and stable communities. Housing is improved as the living standards for many coffee producers is improved. This is because of fair trade which therefore increases how much money they are earing daily thus, farmers can afford better living conditions. This than means in many developing countries, this then provides more jobs for small- scaled farmers as the author even remarks “over a million jobs are generated by the industry as a whole,” (Courtney- Guy, 2017, p.1.).
The majority of the customers are college or university students who came to do their assignment individually or in group. Some come to the coffee shop and grabbed food from shelves and then went to the casher. Some looked around the surroundings to find empty sittings and then put their stuff on the sitting that they found. Then they went to the food area to pick food and takes time on reading the ingredients list found on the package. Also, a group of people, particularly, who had friends waiting for them, went to a table, put down their stuff like school bag, lap tops and then went to the line to buy a
Besides the high demand and cost for gasoline these days, coffee is considered the second most traded commodity on worldwide markets next to oil. "Coffee is grown in more than 50 countries in a band around the equator and provides a living for more than 20 million farmers. Altogether, up to 100 million people worldwide are involved in the growing, processing, trading and retailing of the product" (Spilling the Beans , ). In 2001, coffee farmers and plantations produced over 15 billion pounds of coffee while the world market only bought 13 billion pounds. The overproduction in the coffee industry is not a usual thing and is one of the major reasons why prices vary throughout the industry.
Companies should have only enough workers to perform essential operational functions. Hire employees who are well trained and able to pro-vide results. Moreover, employees should be happy, keep them motivated. Remember that just being good at one thing doesn't mean it's enough for the business to be successful. The owner should be adept at several things such as hiring, accounting, marketing, public relations, etc. And, although initia...