Westlake Lanes is a popular bowling alley located in the heart of the Westlake neighborhood. With its retro chic decor and state-of-the-art lanes, it has become a destination for bowlers of all ages and skill levels.
One of the things that sets Westlake Lanes apart from other bowling alleys is its attention to detail. From the vintage neon signs and retro wallpaper, to the comfortable lounge areas and fully stocked bar, every aspect of the experience has been carefully designed to provide a fun and enjoyable environment for bowlers.
In addition to its stylish design, Westlake Lanes also boasts top-of-the-line lanes and equipment. With automatic scoring and bumpers for kids, it's a great place for both experienced bowlers and beginners to hone their skills. And for those looking to take their game to the next level, the alley also offers private lanes and coaching from professional bowlers.
But Westlake Lanes isn't just a place to bowl – it's also a popular spot for events and parties. The alley has a spacious event room and a variety of party packages to choose from, making it a perfect choice for corporate events, birthday parties, and other special occasions.
Overall, Westlake Lanes is a unique and exciting destination for anyone looking to have a great time. Whether you're an experienced bowler or just looking for a fun night out, it's a place that's sure to delight and entertain.
Westlake Lanes
Westlake Lanes also required strategic management which would have been of great help in the short and long run, for the purposes of its accounting, marketing, strategic decisions, delegation of jobs, just to mention a few. . Westlake having to carefully analyze its My second alternative would be to introduce signature foods that could be made by a subcontractor or they could have their own employed cooks. Kid-friendly Lounge Upscale Bowling Lounge Initial investment cost 300,000 1,000,000 Expected annual traffic 52,000 40,000 Price per person 20 60 Expected annual revenue 1,040,000. Analyzing the financial statements The table below summarizes the financial results of the Westlake for four years.
Westlake Lanes Summary
First, the management may consider disposing of idle assets of the company. Tom Stein should be analysing Mary performance on an ongoing basis and then consistently providing her feedback. Martinez worked well with all levels of staff. Therefore it has been stated that the internal and the external factors are helpful in this scenario and the best possibilities could be seen as the success of the business is determined in this matter. What other actions might Givens have taken? A couple of strategies like the financial status of the company can be increased if the innovativeness in the management is increased, Product innovation, Increase in the marketing and the operations.
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Current ratio, as well, proves the poor liquidity performance of the company. The company will be able to develop the proactive strategies regarding the customer needs, and the growth could be foreseen. Since they already had careers of their own, they were not interested in the future of the business. The sales also had to be increased because the market opportunity was great and it could be exploited. Sugar, has helped the business making profit for the first time in over two years through her 9-month efforts. The Egyptian pound is trading at record lows on the black market.
Westlake Lanes, Sample of Business plans
She was left to understand the operations on her first day including financials, employee morale, sales and marketing, and other operations. Could Shelby Givens persuade the board members to continue invest on the PESTEL Analysis Political i. Shelby Givens joined the company in the position of a general manager to repair the falling company. After a suitable candidate is selected to replace Shirley Smith, they will then have to be trained, and brought up to speed on day to day operations and any special projects. Shelby needs to convince the board about two plans she decided to renovate. The VRINE model is therefore used to assess the value chain, addressing the following: value, rarity, inimitability, non-substitutability, and exploitability as a basis for competitive advantage.
Westlake Lanes : Business Strategy Case Analysis
Buyer Power It is also difficult to determine the degree of buyer power present in the industry. By offering low quality products, as well as a differentiated product, Westlake is able to ask for premium prices for their services, but lacks the standards and procedures to implement this strategy. Westlake Lanes Strategic audit The company has been dealing with worse conditions. Practicality of plan The plan is achievable. There are 100 million bowlers in the 90 counties of the world, and there were approximately 70 million bowlers in the United States in that industry. Westlake will need all information available regarding customer preferences to reduce risk and maximize profits. The Westlake Bowling Lanes is also a member of the Bowling Proprietors Association of America and have an updated scoring system with liquor and food license.
Westlake Bowling Lanes Is A Bowling Alley Essay
Key Internal Factors Weight Rating Score Strengths Improving leadership 0. Givens further was not able to obtain important information about the business. . What fueled these business titans? There have been the poor circumstances regarding the operations, management of the individuals, the productivity of the employees and the management in the company as well. By implement this kid-friendly strategy, Shelby Givens believes that Westlake Lanes can obtain 52000 annual traffic, the more traffic means that the business can generate more revenue. The report analyses 4 different alternatives to the current business situation and recommends a feasible solution.
