Executive Summary Papa Geo's Essay

The product is Italian food served buffet style, in an all-you-can-eat format, with a salad bar, pizza, several different types of pasta with three or four types of sauces, soup, desserts, and a self-serve soda bar. The restaurant is also

Through analysis of the mean and median values for student populations near store locations, we determined that student population is a significant factor in determining pizza restaurant profitability (Table 5.). On average, the larger the student population near Crusty stores, the more potential there is for earning higher monthly profit. When sorted by amount of monthly profit, the highest earning stores have student populations that are, on average, nearly twice as large as the populations by the lowest earning stores. Data consistency is in question for all quartiles for this factor , except the top quartile which is in the “good” consistency range. (Gardner, 2012).

Soda fountain bar 2 pizza ovens Salad and pizza/dessert bar Approximately 100 square foot commercial refrigerator 2 cash registers 6 video game vending machines Management office with desk and lower-priced laptop computer Staff lunchroom equipment such as microwave, sink, cupboards and refrigerator 20 four-seater tables with chairs Busing cart for transporting dirty dishes from the dining area to the dishwashing area 140 sets of dishes, including cutlery and drinking cups Commercial dishwasher Miscellaneous cooking and food handling equipment like trays, lifters, spoons, pots

Gabriel J. Iglecias. Known as “Fluffy”, this American comedian has rose in fame and popularity over the past decade, and for good reason. Deemed as a “comedic genius”, Iglecias has left his mark on the comedy world, and continues to add upon it daily. However, behind Iglecias’s rise to fame, is a struggling childhood, and that’s where we’ll begin.

Given the changes in Red Lobster’s strategy over the past few years and the surprising ability to attract new, “experiential” customers, it our recommendation that they modify their strategy to focus on pursuing this type of clientele. We will go into further detail momentarily; however, the reason for focusing on the experiential customer group is that Red Lobster has the opportunity to increase revenue and net operating income at each restaurant by 20% or more. Granted, these are enormous gains and it will take a few years to realize their full potential, but for the reasons laid out below, we believe these gains are a realistic possibility.

Also, teething problems with marketing, operations etc might not lead to optimum sales. Therefore, we will project only 60% of this figure as first year sales and use the estimated figure as the sales figure for Year 2. Over the planning period, starting from Year 2 onwards, sales are expected to grow at a rate of 3.9% every year, in line with industry estimates of the average growth of the restaurant industry in the US (Source: Mintel International, cited in section 6.0).

All of associates weather hourly or salary get medical and dental insurance, 401K, and profit sharing.

Vinnie's Mulberry Street serves classic Italian food. It features white-tablecloth setting, booths and a mahogany bar top. Vinnie's Mulberry Street has brick oven pizza as well as other Italian dishes and is open for lunch and dinner Monday through Sunday.

The budget allocation percentage is broken down as 90% salary and 10% is benefits (health, retirement, tuition reimbursement). The Match compensation decisions allows us to better manage labor costs by adjustments to meeting-the-market pay level structure during tight labor markets. The salary range is compettive with the market where the human resource manager uses a pay survey and audits on key positions to ensure salary ranges reflect current compensation trends in the industry. (Lotich, 2017).

As the franchise owner and Area Representative, I have gathered you, my business partners and franchisees to discuss how we are going to increase our profits at our Leesville Road, Raleigh location. As you are aware, I am Area Representative to a total of nine locations (four in Fayetteville, four in Raleigh, and one in Wake Forest), and the owner of the four locations in Fayetteville and Leesville Road in Raleigh. After looking into our numbers from the last three quarters, I am seeing a consistent loss of money each month for this one store. Each of the other eight stores is, on the other hand, consistently making us a profit. It is because of this that I have decided that we needed to sit down together and talk about how we are going to amend this problem. I have several different options that I have considered implementing that I will outline for you here. After careful consideration, one of these options I have decided will have the most positive impact on our incoming revenue, and I will be sharing with you why and how that is the best option. These options include changing the advertising plan for this store, cutting back on the number of employees working in this store, investigating labor costs, and analyzing our business costs and making any changes where appropriate.

1. Patagonia uses personnel and cultural control to apply this strategy. For personnel control, the company hires people who are as passionate about environment as Yvon.

Most of the staff is paid an hourly wage, and these costs are dependent on the size of the health club and the number of hours of operation. The managers of the facility are paid a salary plus a percentage of business revenues.

Piccola Italia, in Coral Gables, dishes out fresh and authentic Italian dishes crafted with passion and knowhow in its charming and friendly eatery. For an ideal start to your meal, enjoy the crunchy and spicy chicken wings and the make-your-own salad, available with a variety of fresh and tantalizing ingredients. If pasta is what you crave, Piccola Italia has truly delicious variations, such as the shrimp and crab ravioli in tomato sauce, the penne pasta with broccoli, fresh garlic and olive oil and the mushrooms and grilled chicken pasta in a luscious vodka sauce. Piccola Italia also has more casual fare, such as delicious sandwiches, such as the tuna melt with your choice of cheese, the ham, salami and provolone Italian sandwich and the

High turnover rates means that restaurants would have put in more money and effort to train new employees, which could be avoided if the turnover rate is low. Another threat is that 31% of adults report that they have not been confident to spend money because of the presidential campaign. Moreover, food ordering on mobile devices is also becoming a threat to casual restaurants like Applebee’s. 69% of mobile users say they order food by using their devices. It means that fewer customers are going to eat on premises at casual dining restaurants. What make the technology-drive food delivery even worse are the appearances of other food delivery apps like Amazon Prime. GrubHub, Postmats, and Seamless charge restaurants about 12% to 24% of bills to use services. Amazon Prime and Uber are making the game more brutal because they are planning to take 27.5% - 30% of checks from restaurants. In addition, even retail store like Sakes Fifth Avenue has joined the restaurant business battle to gain customers. According to the Fortune, casual dining traffic decreased 2.5% in June 2016, which is a big threat to Applebee’s since it relies on consumers sitting down and spending time in the restaurant over lunch or dinner. A competitive threat is that Olive Garden sold their pasta pass on Sep, 15,2016, and this time they sold 10 times more than last year. Another threat comes from grocery stores because the in-store dining and take-out of prepared foods from grocers has grown nearly 30% since 2008. One of the economic threats Applebee’s has is the new federal overtime regulation, which is: “Automatically updates the salary threshold every three years, tying it to the 40th percentile of full-time salaried workers in the lowest-income Census region (currently the South). The first update would be Jan. 1, 2020. Based on

Operating capital in the total amount of $40,000 which includes cash reserves of $27,000 and inventory for the first two months of operation.