Tim’s Coffee Shoppe Case Study
Tim’s Coffee Shoppe is located in the state of Illinois. Tim, the owner, is concerned that since he does not have his business degree, he may be missing some needed improvements and that maybe his business could run much more smoothly. Because you are a former colleague, and Tim knows that you have just received your Associate’s Degree in Business Administration, he has asked for your help in evaluating his business. Tim is not asking you to make a decision for him; he just wants you to help provide him with facts as you see them.
Your task is to analyze the business and report your findings to Tim. Be sure to tell Tim everything that you can think of that will aid him to update and improve his business. Tell him what he will need to deal with in terms of Improvements to his business and the challenges ahead: ORDER YOUR PAPER NOW
This section provides an overview of your findings. This section should be no more than half a page at the most, but a paragraph that is about 6-8 sentences is about the right length. This summarizes everything you wrote about in your report. This is also the conclusion for your report. If a business person did not have time to read an entire report or business plan, the Executive Summary should be the overview of the information of Tim’s Coffee Shoppe Case Study.
Regulations and Management
Provide a paragraph or two regarding what you observed concerning Tim’s adherence to regulations. Identify the impact that at least 4 Federal laws and 1 state law have on Tim’s Coffee Shoppe.
Provide a detailed summary of the overall management area of the business. Then describe any strengths and weaknesses.
Based on your analysis, tell Tim what you recommend. Your recommendations should contain detailed directions of what needs to be done and when. Also, you should defend your recommendations by providing references that support your ideas. Address: the vision statement, short term and long-term goals, federal and state compliance issues, and social responsibility considerations. He may or may not be following some of these.
Provide a detailed summary of what you observed in this particular area of the business. Describe any strengths and weaknesses. Look in the files in the back office at all of the employees. Are they valuable? Do Tim’s employees need more training? What other issues did you notice in the employee files?
Based on your analysis, detail for Tim what needs to be done and when to improve this area of the business. Also, you should defend your recommendations by providing references that support your ideas.
Provide a detailed summary of what you observed in this particular area of the business. How did he advertise? What new ideas can you think of for ways Tim’s Coffee Shoppe might want to advertise? Who are the customers and what is their feedback? How can he gain new customers?
Provide a SWOT Analysis detailing the external threats and opportunities and the internal strengths and weaknesses.
Economic Environment/Finance and Accounting/Financial Statements
Provide a detailed summary of what you observed in this particular area of the business. Look in the drawer labeled “Business” and the information and draw some conclusions about the economic environment of Tim’s Coffee Shoppe.
Action Items: ORDER YOUR PAPER NOW
Discuss the Economic environment and impact on Tim’s business. Use your accounting and finance knowledge to interpret the Balance Sheet and the Profit & Loss statement. Explain what Tim should do based on your understanding of the financial picture.
Give five recommendations on what Tim’s Coffee Shoppe can do to improve their business.