How can this business be saved? Furthermore, it is assumed that the conversion of WBL to UBL would encourage the participation of professional sportsmen who would not rent equipments. Using this business plan, even though the investment would be late, it would take another 3.
This money can then Westlake lanes memo utilised for a different business plan.
Therefore, any additional investment at this point of time does not seem as the best option. These assumptions are provided as under: These pocket maps can be made available at various outlets. These hours can be utilised in making stand-in training programs to ensure the self-sustainability of WBL c.
Business hours should be analysed in order to understand the non productive hours. As of now, getting out of debt seems to be the immediate concern for WBL.
Some assumptions that have been made to predict the outcome. In an advent of suppliers raising the prices, WBL can easily find a substitute.
Investing more money whilst staying in debt seems a risky way to take profit This is an indirect threat for WBL and shall be categorised as medium. Taking all available solutions at hand, I would recommend Shelby Givens to employ the horizontal integration strategy and re-establish the brand WBL.
Speak to the owners about liquidating the assets and gradually sell out WBL.
After 2 years, she should have some capital to implement alternative solution 3. Seeing the current debt in the business, the current demographic data, market trend and the required investment to develop from now, it can only be expected to break even in the next 5 years.
She should implement alternative solution 4 immediately, which would help stabilise the business. Therefore, we can categorise this force to be of medium effect. Since a birthday party normally happens in a very large group, the move can work out for the better for otherwise dull weekdays.
Marketing strategies should be restructured and customer capturing schemes be initiated. Furthermore, I have prepared a forecasted plan for both options considered by Shelby Givens.Westlake Lanes’ board has to repay the loans that were issued by the company 16 months before.
Therefore, the company needs to track alternatives in deciding the best solution for the repayment of funds and devising strategies for the future sustainability of the company.
Westlake Lanes Bowling Words | 5 Pages. Memorandum To: Shelby Givens (General Manager) From: Subject: Westlake Lanes: How can this be saved Date: March 10th _____ As you know your business Westlake Lanes is currently not performing up to the mark.
Sugar Bowl Memo Shelby Givens faced many trials and tribulations throughout the transformation of her grandfather’s Westlake Lanes into Sugar Bowl. All three phases, from preparing for the transformation to operations, produced challenges that Givens would have to overcome.
Westlake Lanes memo. Shelby Givens, G.M of WBL could not get the business on track to repay the funds the board had loaned it 16 months before - Westlake Lanes memo introduction. In Janthe business profited for the 1st time in two years.
Westlake Lanes Words | 3 Pages.
strategy is not properly set because Westlake Lanes hasn’t identified the market’s new needs and trends at the same pace that the growth of Raleigh’s population has been developing. To Shelby Givens, General Manager- Westlake Bowling Lanes, Raleigh, North wine-cloth.com Shelby, Please find the attached report for the analysis for the Westlake wine-cloth.com options were evaluated based on various criteria and continuing the current operation and scrutinizing the costs on periodic is recommended as it is the cost effective strategy for Westlake Bowling Alley CASE ANALYSIS.Download