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Investments strategies
Investments strategies
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Mr. Armetta is a graduate of St. John’s University where he obtained a BS in Accounting. He has held various positions with financial institutions and was last employed by JP Morgan Chase. Upon leaving a successful career at JP Morgan Chase in 2002 as an associate in Chase Auto Finance Financial Management Dept, Mr. Armetta committed his full time efforts to his Retail business, which was fully operational since 2001. In 1999, Mr. Armetta made a major investment in excess of $300,000 at 623 Horseblock Rd, Farmingville with the purchase of property, required build out and franchise fees. Since opening in 2001, the business has produced annual revenues of approximately $300,000. The Ralph’s Italian Ices Franchise has over 80 Franchisees in the New York metropolitan area, with a significant foothold in Nassau and Suffolk Counties. Mr. Armetta’s store operates with an average of 10 employees from beginning of March to the middle of December and is consistily one of the top revenue Franchisees. In 2011, Mr. Armetta developed vacant land in Selden, New York and constructed a 2,000 sq. ft. facility to operate a second location as a Ralphs Italian Ices franchisee. In January of 2012, the franchise business and building were …show more content…
Armetta's received approval to Demo his existing building purchased in 1999 and reconstruct a 2,000 sq ft facility to operate a Ralphs Ices and Bagel Shop at 623 Horseblock Road, Farmingville. Although construction started in November of 2014 with a projected reopening in April of 2015, due to winter weather condition construction, was delayed and restarted in April and completed July of 2015. To date sales have remained strong and the business is in full operation. The construction of the bagel store has started and is projected to open the early part of 2016. Mr. Ametta will operate and own 100% of the company. In also should be noted the Mr. Armetta co owned and operated a successful Delicatessen from 2003 and sold in
Commencing penetration tests within the infrastructure of Alexander Rocco Corporation may be a strenuous, yet beneficial process. However, before commencing penetration tests, much planning, strategizing, and research is necessary in order to ensure successful, seamless, and legal operations. Based on information provided by the SANS Institute, an initial meeting should be coordinated between those responsible for conducting the tests, along with the appropriate leadership personnel of the company (source). Within the meeting, the scope of the project should be established, classifying company data appropriately, and determining which components of the company’s infrastructure require penetration testing, which may include Alexander Rocco Corporation’s
Prior to being a plant manager with Tri-American Company, Dick Spencer was a sales person for the company. He received a Master’s Degree in Business Administration from a well know university at the age of twenty-two years old. At the very start with Tri-American Company,
The Mission statement of Carmine’s is how important it is for them to have a wow-factor. They want every meal to taste delicious and unique. The General Manager (Mario Contacessi) from the Theater District location where I work said they really focus on the consistency of the food they serve, family atmosphere, and good pricing. Carmi...
When it comes to the term “Tim Hortons,” what comes to the average person’s mind might have a lot to do with which generation you grew up in. If you had grown up in the 1960’s and were a big hockey fan, you would probably match the name Tim Horton as the legendary defenseman who lead the Toronto Maple Leafs to four Stanley Cups. You even may match the name to the exotic De Tomaso Pantera, which was given to Horton as a one year signing bonus by the Buffalo Sabres, which Horton later died in during a high speed crash. If you weren’t born and raised during this era, then the name Tim Horton likely pairs up to the popular Canadian trademark of Tim Horton’s coffee and doughnuts. Although Horton did not have the chance to see his company grow into the multi-billion dollar business it is today, his name still rings through the nation and is a major part of the Canadians day.
Ice-Fili is a traditional Russian manufactured who has been the market leader in the Russian ice-cream industry but over the years the supremacy and competitive edge has been declining. Due to its traditional competency it has a lot of capacity, much of which is lying unutilized. Out of its capacity of 200 tons/day, it is utilizing only about 25% (with an annual production 16000 tons, assuming 300 working days).
• ICEDELIGHTS would then allow the franchisees to use their brand name and product, would train the franchisees and one manager per store, and would provide support for finding locations and construction of the stores.
PepsiCo can potentially acquire California Pizza Kitchen and integrate it in the company’s decentralized management approach. Since PepsiCo executives have experience in the quick service food industry, it should not be a reach for the company to successfully run this casual dining restaurant. For this venture to be successful, it is imperative that management cut down the operating costs at California Pizza Kitchen through the PepsiCo Food Systems distribution network and improve on the 3.1% operating margin that California Pizza Kitchen is currently operating at.
The Panera Bread Company began in 1981 as Au Bon Pain Co., Inc. Founded by Ron Shaich and Louis Kane, the company thrived along the east coast of the United States and internationally throughout the 1980’s and 1990’s and became the dominant operator within the bakery-café category. In the early 1990’s, Saint Louis Bread company, a chain of 20 bakery-cafes were acquired by the Au Bon Pain Co. Following this purchase, the company redesigned the newly acquired company and increased unit volumes by 75%. This new concept was named Panera Bread. Top management chose to sell their previous bakery-café known as Au Bon Pain Co. due to the financial and managerial needs of Panera. In order for Panera to become the success top management visualized all resources needed to become available for Panera. Panera Bread is now the most successful bakery-café in the category in which there are currently 1,777 bakery-cafes in 45 states and in Ontario Canada (Panera Bread).
Happy Hat, a U.S. national chain of frozen yogurt stores with about 500 stores in 40 states is asking for assistance with its business processes. The average number of visitors per store has held constant over the past several years, but revenues per store are down by an average of 10%, and many stores are no longer profitable. The client suspects that a large amount of inventory is being thrown away unused at the end of each day. At the same time, customer polling suggests that the yogurt flavor customers want is often not available, even when the flavor is posted on the menu. People also complain about stores being closed when they visit. Now, the chain is facing increased competition from frozen yogurt sold in 24-hour grocery stores. Happy
The quality control in Pizza My Heart begins from procurement to kitchens at every location. The first thing that sets it apart from others is local sourcing to en...
Differences: Although both lines are new product concept, which try to target similar customer segment who are interested in Italian food, market potential might vary for different product line. First in terms of positioning, in pasta market, dry and frozen pasta occupied large market share due to its higher accessibility than fresh past sold at specialty store and restaurants. This might explain the fact revealed by research that 77% of respondents in favor of fresh pasta concept never purchased fresh pasta before. Therefore, wide distribution of refrigerated pasta will serve customers?desir...
Our brand has been at the forefront of setting the pace for the Ice cream industry. We came into the business not just to revolutionize the way it is done but to make a huge difference. The Gelato brand is striving to become the leading model for all businesses in our industry. It may interest you to know that our goal is to make Gelato – ice cream – frozen desserts, a synonymous part of your daily life. We have created a channel that would keep giving us the impetus to cover much ground. People do not forget the rich experiences they have when they enjoy unique Ice Cream. We are the Company that would keep giving everyone unique experiences.
Caf? Expresso, as the first mover in the coffeehouse marketplace, which has expanded quickly and become one of the ?big three? players in the global coffee shops chain. However, recently this company is continuously facing a lot of problems in terms of its staff, easy-copied business model and product range, resulting this company lost its leading position to the number three. Therefore, its adjusted visionary goal is ?return Caf? Expresso to the number one position in the marketplace? (Beardwell, 2010). To achieve this goal, Caf? Expresso identifies ?the coffee drinking experience? is significant to achieve competitive advantage and customer value-added, which was delivered through three key elements (graph 1),
Around 45% of all retail sales in Canada are generated by franchised businesses (Canadian Franchise Association, 2014)
Marketing Strategies of an Ice Cream Firm Introduction As the Marketing Manager of this ice cream firm, CALMOR, I have. written this report detailing the marketing strategy for the launching. and selling of a new ice cream containing liqueur, as the ice cream liqueur should contain at least 6% alcohol, there are restrictions as. where it can be sold. With a budget of £5 million, I have also. detailed where this budget is to be allocated.