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  • Management Slides 2

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    Managing Finances IAN BROKAW Investments and Start-Up Investors Partnership Departments Fixtures Lease Groceries Lease 8,000 sq. Ft. Building with room to expand Large enough parking lot Location, location, location Occupations in the Industry TAYLOR MALLOY Sales Workers Cashiers 34% of all workers First-Line Managers Supervise Office and Administrative Workers Stock Clerks Second Largest Occupation General Office Clerks Bookkeeping Food Preparation and Production Workers Butchers Prepare and

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    Managing Finances IAN BROKAW Investments and Start-Up Investors Partnership Departments Fixtures Lease Groceries Lease 8,000 sq. Ft. Building with room to expand Large enough parking lot Location, location, location Occupations in the Industry TAYLOR MALLOY Sales Workers Cashiers 34% of all workers First-Line Managers Supervise Office and Administrative Workers Stock Clerks Second Largest Occupation General Office Clerks Bookkeeping Food Preparation and Production Workers Butchers Prepare and

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    Management Slides 2

    Загружено:

    api-282755887
    Managing Finances IAN BROKAW Investments and Start-Up Investors Partnership Departments Fixtures Lease Groceries Lease 8,000 sq. Ft. Building with room to expand Large enough parking lot Location, location, location Occupations in the Industry TAYLOR MALLOY Sales Workers Cashiers 34% of all workers First-Line Managers Supervise Office and Administrative Workers Stock Clerks Second Largest Occupation General Office Clerks Bookkeeping Food Preparation and Production Workers Butchers Prepare and

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    из 25

    Running a Grocery Store

    TAYLOR MALLOY, CHRISTIAN FRINK, IAN


    BROKAW, JOSH GREENE

    Overview
    Investments and Start-Up
    Occupations in The Industry
    Managing Finances

    Investments and Start-Up


    IAN BROKAW

    Investments and Start-Up


    Investors
    Partnership
    Departments
    Start out with $115,000

    The First $115,000


    Fixtures
    Lease
    Groceries

    Lease
    8,000 sq. ft. building with room to expand
    Large enough parking lot
    Location, location, location

    Partnerships
    Main food distributer
    Affiliated Foods
    Greater market power

    Inventory
    $10,000 spent on your first supply of groceries
    At the start you can earn $10,000 a week
    That can grow to $40,000 in a few years
    Building starting size is 8,000 sq. ft.

    Inventory
    Factors:

    Customer Demographics
    Bar code system
    Two semi loads of supplies a week
    Organization
    Section for foods that are close to expiration date
    Holidays

    Occupations in the Industry


    TAYLOR MALLOY

    Sales Workers
    Cashiers

    34% of all workers

    First-Line Managers

    Supervise

    Office and Administrative Workers


    Stock Clerks

    Second Largest Occupation

    General Office Clerks

    Bookkeeping

    Food Preparation and Production Workers


    Butchers

    Prepare and cut meat

    Bakers

    Bake and produce goods

    Management Occupations
    General Manager

    Profitable operation

    Category Manager

    Particular Category

    Marketing and Sales Manager

    Forecast

    Other Occupations

    Human Resources

    Recruit
    Maintain employees

    Managing Finances
    JOSH GREEN

    Managing Finances

    Accountant

    Keep Track of Finances

    Training Employees

    Planning

    Stocking Up
    Necessity
    Popularity
    Diligent

    Product placement

    Be Crafty
    Impulse Items
    Location

    Competition
    CHRISTIAN FRINK

    McDonalds &
    Similar Companies

    Fast food
    Cheap and easy
    World wide
    Simple

    Healthy Fast Food


    1979:Wendy'sbecomesthefirstfastfoodchaintoofferasaladbar.
    1981:HealthyfastfoodchainD'LiteslaunchesitsfirstlocationinAtlanta.
    1984:McDonald'steststheLiteMac;testershateit.
    1985:Wendy'slaunchesitsLightMenu.BurgerKingofferslowersodiumpickles.
    1986:D'LitesfilesforChapter11.McDonald'soffersitsfirstsalad.
    1987:Wendy'sbeginstophaseouttheLightMenu.
    1991:McDonald'sintroducestheMcLeanDeluxeburger.
    1995:TacoBelllaunchestheBorderLightsmenu.
    1996:McDonald'sbeginstophaseoutMcLean.
    1997:TacoBellscrapsBorderLights.
    2000:McDonald'sintroducesMcSaladShakers.
    2002:Wendy'slaunchesGardenSensationssalads.BurgerKinglaunchesaveggieburger

    nationally,thefirstfastfoodchaintodoso.
    2003:McDonald'sscuttlesMcSaladShakers;launches"premium"entreesalads.

    Mom & Pop Store


    Cheaper/More expensive
    Relationship with customers
    Generational
    Very few

    Wal-mart &
    Similar Stores

    Well known
    Large variety of items sold
    World wide and nation wide

    Sources
    Bureau of Labor Statistics, U.S. Department of Labor, Career Guide to Industries, 2010-

    11 Edition, Grocery Stores , on the Internet at http://www.bls.gov/oco/cg/cgs024.htm


    (visited August 02, 2011 ).
    Kiker, D. S., & Kiker, M. (2008). Lou's thrifty way market: An examination of sources of
    competitive advantage in the grocery store industry. The Business Review, Cambridge,
    11(2), 71-71-75. Retrieved from
    http://search.proquest.com/docview/197300472?accountid=13360
    Condon, G. H. (2002). Taming a goliath: Gigantic grocery stores seem to be growing
    and it's no easy task for the people running them. Canadian Grocer, 116(2), 18-18-21.
    Retrieved from http://search.proquest.com/docview/222845009?accountid=13360
    Holton, L. (1998). To grocers, RDs add value to the market. Marketing News, 32(8), 1111. Retrieved from http://search.proquest.com/docview/216402961?accountid=13360
    Vermeir, I., & Patrick, V. K. (2005). The influence of need for closure and perceived
    time pressure on search effort for price and promotional information in a grocery
    shopping context. Psychology & Marketing, 22(1), 71-71-95. Retrieved from
    http://search.proquest.com/docview/227758235?accountid=13360

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