...I chose to do my SWOT analysis on the business plan for Jolly’s Java and Bakery (JJB) located in Southwest Washington. After careful review of this business plan I feel that this particular plan was very well thought out with few weaknesses and threats to the sustenance of the business. The owners, Austin Patterson and David Fields both have broad experience in the industry; Patterson in sales, marketing, and management; Fields in finance and administration. I feel that this amount of experience is a great attribute whenever people are considering pursuing business endeavors. JJB aims to offer its large selection of high quality coffee products and fresh baked goods products at a competitive price to meet the demand of the middle-to higher-income local market area residents and tourists at all times during operating hours. I feel that as a developing business it is very important that you are well aware of the type of clientele you will be serving and adjust your services and or prices accordingly. For instance the fact that this business is designed to meet the demand of middle-to higher-income clientele it would not be beneficial or appropriate for the business to be located in an area where people with lower incomes reside. Amongst the many strengths JJB possesses the very first strength can be found in the financing. The owners have each used $55,000 of their personal savings, for a total of $110,000. On top of that money, they have borrowed $100,000 from the Small Business...
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...Mountain Brooke Fitness Center Business Plan SWOT Analysis The Mountain Brooke Fitness Center is an establishment which provides services in health and fitness. It features a swimming pool, tennis courts, cardiovascular equipment, weight training equipment, court sports, massage, physical therapy, and an affordable childcare center for parents who wish to maintain a healthy lifestyle. It attracts mostly younger people who are primarily under the age of 45 and accredits success to its ability to provide childcare services to its members. In its business plan, it notes there was an increase in population by 15% every year for the previous three years since the business plan was written. The city it resides in is called Monroe and contains approximately 600,000 people. The Executive Summary of the business plan is to accommodate the influx of people by increasing the limit of children to be cared for. Currently the childcare center can care for 30 children and only 5 infants. The new facility will allow 75 children to be cared for and 25 infants. The business plan states it will borrow money to build the facility. With this objective, the business wants to remain the only fitness center that is dedicated to accommodating families and keeping the entire family involved in the club in some way. The business contains much strength already in place to help them achieve their goal. Financially, it has seen a steady increase in sales over the last three years while spending...
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...SWOT Analysis Axia College of University of Phoenix The Trend Setters business plan is a well rounded, equipped, and full of detailed information. It is a hair and beauty salon that is looking to serve the needs of an ordinary person. Trend Setters Hair Studio does not want to come off as an expensive, up-scale salon. It wants to make you feel as if you’re in one but with prices that won’t break the bank. For starters, it has much strength. The venture was started by Stacey Spinale, she not only has a good work ethic but her husband, Frank Spinale Jr., has worked in a prestigious, upscale salon for about two years. The two of them are the creative forces behind Trend Setters Hair Studio. Their business model is well-developed. They have taken the time to look into other salons in their area and nothing is like what Trend Setters will be. At Trend Setters Hair Studio they plan on having a variety of services to offer their clientele. For example, the hair department will consist of; cuts, relaxes, color, perms, and many other services. As for the nails, there will be manicures, pedicures, polish, and sculpted nails available. So they do have plenty of services to satisfy all their customers’ needs. When it comes to marketing the owners plan on spreading the news by word of mouth and hoping that existing customers will contribute to that. By promoting that way they will reward the both new and old customers. Trend Setters Hair Studio has sufficient amount...
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...I have chosen to do a SWOT analysis on the internet café business, JavaNet. As I was going through the business plan I noticed that there was a SWOT analysis done already by JavaNet. First I was very impressed by the structure of their business plan and the information that was in it. The fact they did their own analysis told me there was much research done prior to doing their business plan. The challenge I then took on was to compare my analysis to theirs to see if I could find any discrepancies or improvements with their strengths, weaknesses, opportunities, and threats. As I have stated, the business model JavaNet has set up is a very well developed and researched one. They did a market survey to see if there would be a need for such services, what types of groups they could market to and how much people would be willing to pay for such services. The staff seems to be knowledgeable and the owners are willing to train the staff on all the technology. The desire to provide an environment that encourages social interaction, “How to” classes with top of the line equipment. I am in agreement with JavaNet’s analysis of their strengths. There are several weaknesses I see that are not to different from what JavaNet found.. One major weakness is technology and how quickly it changes. Since JavaNet is considered a cyber-café, all technology including the internet must be up-to-date. Keeping up the technology and all the changes, costs money. Being able to balance the budget and...
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...BUS 210 Course Calendar |Monday |Tuesday |Wednesday |Thursday |Friday |Saturday |Sunday | |Week 1 |2/10 |2/11 |2/12 |2/13 |2/14 |2/15 |2/16 | |BUS 210 |Post Bio |DQ 1 | |DQ 2 Week 1 Knowledge Check |Business Models and Systems CheckPoint | | | |Week 2 |2/17 |2/18 |2/19 |2/20 |2/21 |2/22 |2/23 | |BUS 210 | | | |Business Organization CheckPoint Week2 Knowledge Check | | |Evolution of Business Presentation | |Week 3 |2/24 |2/25 |2/26 |2/27 |2/28 |3/1 |3/2 | |BUS 210 | |DQ 1 | |DQ 2 Week 3 Knowledge Check |Code of Ethics CheckPoint | | | |Week 4 |3/3 |3/4 |3/5 |3/6 |3/7 |3/8 |3/9 | |BUS 210 | | |Roles and Behaviors CheckPoint |Week 4 Knowledge Check |Four Functions of Management CheckPoint | |SWOT Analysis | |Week 5 |3/10 |3/11 |3/12 |3/13 |3/14 |3/15 |3/16 | |BUS 210 | |DQ 1 | |DQ 2 Week 5 Knowledge Check |Contingency Theory of Leadership CheckPoint | | | |Week 6 |3/17 |3/18 |3/19 |3/20 |3/21 |3/22 |3/23 | |BUS 210 | | | |Motivation and Teams Case Study CheckPoint Week 6 Knowledge Check | | |Job Fair Brochure | |Week 7 |3/24 |3/25 |3/26 |3/27 |3/28 |3/29 |3/30 | |BUS 210 | |DQ 1 | |DQ 2 Week 7 Knowledge Check |The Impact of HRM CheckPoint | | | |Week 8 |3/31 |4/1 |4/2 |4/3 |4/4 |4/5 |4/6 | |BUS 210 | | |IT Applications Presentation CheckPoint |Week 8 Knowledge Check |Hardware/ Software Components CheckPoint | |Developing Good Business Sense | |Week 9 |4/7 |4/8 |4/9 |4/10 |4/11 |4/12 |4/13 | |BUS 210 | | |Capstone Discussion Question |Week 9...
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...SWOT Analysis Toni Dominguez BUS/210 August 10, 2014 Melanie Wright SWOT Analysis A SWOT analysis is used to identify the strengths, weaknesses, opportunities, and threats of a business. Hill (n.d.) " SWOT analysis is a process where the management team identifies the internal and external factors that will affect the company’s future performance" (para. 1). A SWOT analysis is typically used at the beginning stages of the business, after a business plan has been completed, to determine any potential risks or assets. However, an analysis can be completed anytime a change is made internally or externally that can impact the business and is recommended for review of your business every 6 months (Shouldis, 2012).. The Java Culture coffee has completed their business plan for a new coffee shop in a prime location near University of Oregon. They are looking to provide a comfortable and relaxing shop for customers to enjoy coffee with friends while providing excellent customer service. The owners have secured their financing, determined their budget for employees and the day to day needs of the business, lease, and forecasted sales based off the market for the first year. Now the owners will need to complete a SWOT analysis to determine any unseen risks or assets to their business that might be impacting to their success. A SWOT analysis will start with the strengths in the business. In reviewing the business plan for the Java Culture coffee shop they have many...
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...Brittany Hodges BUS/210 08/25/2013 SWOT Analysis When an entrepreneur has an idea for a new product and wants to go from idea to profit from the product, there is a long process involved and creating a business plan is the best first step to take. Once the business plan has been compiled, a SWOT analysis can be used to determine how well the plan will work and the company will succeed. A SWOT analysis is a way of breaking down a company’s strengths, weaknesses, opportunities, and threats. It considers both the external and internal environments of the business plan and company. There are many benefits in conducting a SWOT analysis because it is a way to provide a low-cost, very easy way of accessing the company’s current and future position. It helps to provide information that can be vital in creating marketing and business plans, as well as making executive goals. It lets you know how the company is currently doing, and what it needs to doing to have a bright future. When a SWOT analysis is being conducted, you will be examining the company’s strengths, weaknesses, opportunities, and threats from the point of view from the consumer, and if you are unable to view the issues that way, you may want ask customers their opinion or even conduct surveys. Next you have to be able to separate external issues from internal issues, because the internal issues include the strengths and weaknesses; and the opportunities and threats are part of the external issues. The best...
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...Assignment: Individual SWOT Analysis BUS/210 April 29, 2012 John Pollard Jr. Assignment: Individual SWOT Analysis Out of the seven business plan topics I have chosen to create a SWOT analysis for a fitness and sports business. All over the United States there are many fitness and sports centers that many people attend on a daily basis. Such as gyms like Curves, Planet Fitness, Gould’s Gym and many more. However all of these gyms have something in common and that is to promote healthier lifestyles for individuals. Strengths: * Team players who are there to help the member strive in their goal for a healthier lifestyle. * Has a well developed plan of action on how we intend to assist the community in a more beneficial way. * Well known fitness clubs allows for brand recognition. * Low affordable costs for yearly contracts or even just a month to month no contract memberships. This can attract more consumers (customers) who may not be looking for a pesky contract or those who do not want to feel tied down , to a long term commitment. * Sports amenities such as personal training. * Group classes such as Zumba, Yoga, Polities, food nutrition, and many other classes and groups. Weaknesses: * Lack of desire for member retention, only focusing on new member acquisition. * Lack of or poor customer service. * Lack of or poor cleanliness such as clubs are poorly maintained or taken care of. * Lack of thought and time management...
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...Swot Analysis Anthony Rahaman BUS/210 08/7/2014 Michael Moore I have chosen to do a SWOT analysis on the internet café business, Java Net. As I was going through the business plan I noticed that there was a SWOT analysis done already by Java Net. First I was very impressed by the structure of their business plan and the information that was in it. The fact they did their own analysis told me there was much research done prior to doing their business plan. The challenge I then took on was to compare my analysis to theirs to see if I could find any discrepancies or improvements with their strengths, weaknesses, opportunities, and threats. As I have stated, the business model Java Net has set up is a very well developed and researched one. They did a market survey to see if there would be a need for such services, what types of groups they could market to and how much people would be willing to pay for such services. The staff seems to be knowledgeable and the owners are willing to train the staff on all the technology. The desire to provide an environment that encourages social interaction, “How to” classes with top of the line equipment. I am in agreement with Java Net’s analysis of their strengths. There are several weaknesses I see that are not to different from what Java Net found. One major weakness is technology and how quickly it changes. Since Java Net is considered a cyber-café, all technology including the internet must be up-to-date. Keeping up the technology...
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...SWOT Analysis BUS/210 The business plan I chose to do a SWOT analysis on, is a desert bakery business plan called Rutabaga Sweets. This is a very well written business plan that was obviously thoroughly thought out. Rutabaga Sweets is a desert bar and bakery located in Washington DC. This bakery has an interesting twist on what people may think of a normal bakery. I will be conducting a SWOT analysis by providing information about the business’s strengths, weaknesses, opportunities, and threats. It will explain the health of the business, problems the business venture may face, as well as, ideas that might improve this business venture. Some strengths in this business venture are, it is a sole proprietorship. Which means there is only one owner, and they are responsible for any liabilities, or cash made by this business. Another strength to this business, is that it is not just a regular bakery. Customers can go in and eat there, and watch their food be prepared, or customers can call in and pre-order deserts for parties and things. This bakery also, offers cooking classes and clubs. These strengths will attract customers, and create many sales. Opportunities in this business are, Washington DC has the perfect climate for a business like this, and Washington DC residents spend more money dining out than anywhere else in the country. Therefore, Rutabaga Sweets should have plenty of opportunity. Washington DC may have a lot of bakeries, ice cream shops, and coffee places...
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...SWOT Analysis of Cyniana’s Victor Lamar BUS 210 Foundations of Business Instructor Patrick Queen January 35, 2015 SWOT Analysis of Cyniana’s Starting up a new business is not only costly but it is also something that you must do with an exceptional amount of expertise. Not only do you have to have people around you that have your and your businesses best interest at heart, but you also have to have a plan of action. This plan of action includes knowing your business's strengths so that you can grow, your businesses weakness so that you can avoid them, opportunities that may be available that can make the business better, and any potential threats that can hurt or harm the business as well. All of these are known as the SWOT analysis, it is what will keep your business grounded. My plan is to open by own restaurant/bar. It will be a family style type of restaurant with an open bar as well. I will specialize in serving mainly traditional soul food and offer some soul foods that are not as traditional but still enjoyed. In order for me to be able to operate my business successfully I have to have a well developed SWOT analysis that will consist of the following: Strength The main strengths of any company or business is its support. This can be political support, financial support, and even social support. Within my restaurant business I can have the backing support of a local councilman who brings me more and more customers. I can also strengthened by business...
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...SWOT Analysis Annette Fairchild Foundations of Business: BUS/210 July 2, 2014 Instructor: Frank Caccamo SWOT Analysis The business plan that I have chosen is Adorable Pet Photography. My new company will be a small business operating out of Ashland, Virginia. We will offer pet owners portrait quality photography services both in our onsite studio and at their home or event. Using the latest technology we will use computer graphics to enhance their pet’s portraits and offer a wide array of backgrounds to choose from. We will also do candid shots to capture that perfect expression or pose that showcases their pet’s personality; as well as family shots that display their love for one another. My studio will offer a comfortable and relaxing environment where pets and their families can feel free to have fun and just be themselves for the optimal photographic experience. I also have mobile equipment for doing photo sessions off-site. We can travel to the owner’s home or favorite park to capture their pet in action for an additional fee. I graduated from the New York Institute of Photography, and I have over 10 years of experience working with both people and animals. My photographs have been featured in such Magazines as East Coast Living, Richmond Family Magazine, and the American Kennel Club Magazine. I have an established relationship with the local SPCA where I supply photos for adoption free of charge. I also have an established relationship with...
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...Title: Creating Premium Select David Clark University Of Phoenix BUS/210 - FOUNDATIONS OF BUSINESS SWOT Analysis Business Plan I have created a business were there is an opportunity for any person from no through little experience. The business would be called Premium Select. In Premium Select we seek out a group of people who are looking for an opportunity to grow. We select individuals who take their work seriously and completing their task in a corporate and professional manner. To build this business, we would need to start different departments so that the company would be able to function and to compete with other companies. The different departments that I would have would be Payroll, Finance, Human Resource, and Accounting. The Payroll department would make sure that each employee of the company would be getting their salary correctly and on time. They would also seek out employee’s attendance, which includes sick, vacation, and personal days. The Finance department would make sure the company would be budgeting correctly and keeping track of all outside bills that would need the company to be more efficient. This includes things such as Internet, Computers, Food, etc. The Human Resource department would seek out other employees and select a group of people that are the right fit for the company to make sure the employee would be a benefit to the company. Human Resources would also look out for the employees to make sure they have policies that need to followed so...
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...SWOT Analysis of JavaNet Internet Café BUS/210 November 20, 2011 SWOT Analysis of JavaNet Internet Café JavaNet Internet Café is a new business venture that offers Internet access accompanied by quality coffee and bakery products in an upscale environment. This café will be the first of its type in the community. After reading the business plan for this establishment a SWOT analysis was created. This analysis exposes the business’s strengths, weaknesses, opportunities, and threats. Strengths JavaNet offers a unique experience for customers wanting Internet time away from home, and it will be the first of its kind in the community of Eugene. JavaNet will offer knowledgeable, trained, and friendly employees that will be able to assist customers with all of their needs. The business model presented by the owner, Cale Bruckner, is well-developed and addresses all the concerns of a new business. The products offered in the Internet Café will satisfy the needs of its customers with state of the art computer hardware, powerful Internet speeds, high-quality printing, and powerful software applications. An upscale environment will also strengthen the business’s perspective to potential customers. It will offer areas for large and small meetings for the professional customer as well as friendly gatherings. The organizational structure is well-defined and easily managed because of the small size of the establishment. A clear vision...
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...Swot Essay By: Latisha Hunt 08/04/2013 Prof. Thomas H. Bus/210 Having a business plan when opening a business or joining a business is a must when comparing a company with like similarities. I will be writing a business plan on the internet cafes an why we love them. Latisha's SurfNTurf Cafe is where you want to be with good food and a online internet is what is needed to get your day going. "The first online café in South Korea called Electronic Café opened in front of Hongik University in March 1988 by Ahn Sang-Su and Keum Nuri in Seoul. It had two 16bit computers connected to Online service networks through telephone lines. Online service users’ offline meetings were held in the Electronic Café, which served as a place that connected online and offline activities. The opening of the online café in Korea was 2-3 years ahead of other developed countries." (http://en.wikipedia.org/wiki/Internet_caf%C3%A9) Strength of my internet cafe would are a place were people can come and do anything they want in the online community. In Latisha's Cafe there is something for everyone. 30 computers to accommodated the needs customers from 12 up. Children from 12 yrs down will have to have an adult supervision. At Latisha's Cafe we offer a knowledgeable and friendly staff, State-of-the art equipment, Upscale ambiance, and a clear vision of...
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