Final Project - Broadway Cafe

The Broadway Café can use this as a personal advantage because there is no threat of rivalry among existing competitors because their not any.

By seeking after an engaged separation procedure, advancing the one of a kind, built up menu things that just the Broadway bistro brings to the table, the business will moderate the impediments displayed by the eatery organizations' high rivalry, new participants, and purchaser power. Learning, Customer Relationship, and Business Intelligence administration frameworks will add to all parts of the business, with a site and free Wi-Fi upgrading the business' administrations and expand its deceivability.

Currently, The Broadway Café is the only coffee shop in the area. However, recently, there have been postings that a Starbucks plans to move within the vicinity of our business. To improve the business and create a competitive advantage, we must first, research the competition through environment scanning (Baltzan & Phillips, 2007). Environmental scanning is the acquisition and analysis of events and trends in the environment external to an organization (Baltzan & Phillips, 2007). After reviewing the website of two competitors, Starbucks.com (2010) and Panera.com (2010), it appears these businesses are technologically advanced. The first step this Café must make is to install computers to provide accurate record keeping and store information. We have to develop a plan for employees that create an environment of respect and dignity in which leads by example and gives back to

This goes back to CRM and product differentiation and as well as maintaining that low-cost pricing. 5. Rivalry among existing customers: High Ever notice that whenever McDonald’s or Tim Hortons produce a new product, the other competitors also follow? That simply implies that there is definitely a tough competition out there for Cafes. Not only that, it’s not just Cafe shops Broadway Cafe has to be worried about, think about gas stations and other restaurants (such as Steak and Stein) that offer the same products.

Being that Broadway Café has been in business sine 1952 I feel as though the company already is at an advantage as compared to any possible competition. There is already a first- mover advantage being that the business is the first of its kind in the area, so they are familiar with the type market. Thus, a competitive advantage is also present. Broadway Café does not need to research the market, figure out their niche, or even what the average consumer likes because they already know ( or have an idea) of what their target market enjoys.

Betty Wilson has decided to open a coffee shop and is considering various options including franchising, sole proprietorship, joint venture, corporation and partnership. In addition to determining the best legal entity to form, Betty has to decide if she will employ or partner with various friends and family members. Finally, she plans to name the coffee shop The Gathering Place and must determine if the name is available and a good choice. This paper will evaluate the pros and cons of various business options, address the dilemma of whom to hire and determine if The Gathering Place is a viable option for the name

Tinker’s Reef Cafe is a successful business that Ed and Kandi have run for the last seven years. They saw it as a need that wasn’t being met and a chance to earn some money. Employees are Ed’s greatest asset while they are not easy to find. The reputation alone has served as enough advertisement for the tiny restaurant on South Shore. Ed tells students to be flexible and always keep the customer in mind when making decisions.This business has thrived under his care and will continue to flourish for many years to

Part b) Detailed analyses on BigBasket current E business strategies based on Porter’s six principles of strategic positioning.

E-business has been a growing segment of the retail and wholesale markets since the proliferation of the internet in households began in the early 1990’s. E-business has become an important business model for both new businesses as well as traditional brick and mortar stores to understand in order to reach a growing segment of the population that comparison shops online. Evogear is an excellent illustration of the e-business model and will generate sales for the company for years to

COMBE, C. ( 2006). Introduction to e-business : management and strategy. Amsterdam ; Boston: Butterworth-Heinemann.

This report studied current state of BiBi Lounge and Coffee shop located at 10067 Yonge st. Richmond Hill. The team aims to improve customer service time(customer service rate), reduce waiting time and as a result improve efficiency and customer satisfaction. The current

The company’s intent is to bring a big city feel café and bookstore that out of

E-business is relativity new and refers how companies do business on the internet. PC Magazine defines Electronic Business as “Doing Business online. The term is often used synonymously with e-commerce but e-business is more of an umbrella term for having a presence on the Web.” (2012) In our ever changing world where a companies’ online presence is equally important as the sign on the front door, it only makes sense for a business to spend time and money on their online business.

The traditional method of doing business has always been face to face trading. It is a medium for both customers and businesses to negotiate and purchase and sell goods and services. However, with the progression of the technology age, businesses and customers alike are finding convenience and benefits through the use of e-commerce. Electronic commerce (e-commerce) involves online transactions and the trading of goods and services through the Internet, without time and geographical barriers (Network Solutions, 2014). This could include retail sites, large online music stores such as iTunes or business to business (B2B) transactions between companies. This is a new emerging technology and has brought many advantages (Network Solutions, 2014).

E-business can transform the way a company does their business. There are plenty of benefits of this form of business for both the company and the customers. It gives customers an unlimited access to your products at every time of the day while most traditional brick shops would only be opened for a limited time. Secondly it makes expansion into foreign markets much easier as you can always sell your products abroad as customers can see all the products with a mouse click