How can this business be saved introduction the key issue faced by general manager shelby givens of westlake lanes is whether or not to maintain the current practices of the business or seek new alternatives. This money can then be utilised for a different business plan. Givens faced some tuff but crucial staff terminations of some of westlake s long term loyal employees in order to keep her tight budget. Shelby givens, a new mba, is the general manager of westlake lanes, a near bankrupt bowling alley that her grandfather founded decades earlier. Westlake bowling lanes is a family owned business in north carolina situated close to lively neighbourhoods and restaurants which is running in losses for two years. Westlake lanes free download as powerpoint presentation. Key issues primary issue westlake bowling lanes, a bowling alley that confronts with a series of pressing financial difficulties. Background what are the most difficult challenges of leadership. Implementing commuter benefits as one of the nations best workplaces for commuterssm pool lanes exist, because they reward commuters with time and sometimes money. Relieve your financial strain by using your vehicle as collateral to borrow money when you need it most. Buy sell birthday parties upscale lounge the situation. Westlake lanes how can this business be saved case study. How can this business be saved spreadsheet supplement case study solution, internal analysis. By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
Westlake lanes have been facing major problems in their business and was in a critical stage. Shelby givens, a new mba, is the general manager of westlake lanes, a near bankrupt bowling alley that her grandfather founded. How can this business be saved spreadsheet supplement xls file, westlake lanes. Once youre on the website, select either the pdf to jpg tab or the pdf to png tab, which will both convert into an image file. At this point the board may decide against any alternatives and chose to close down the business and liquidate its assets. Carpool incentive programs best workplaces for commuters. Shelby givens, general manager of westlake bowling lanes, sat in her cramped office in downtown raleigh, north carolina. How can this business be saved spreadsheet supplement case solution, westlake lanes. Life can be unpredictable and sometimes you need cash fast. Westlake lanes how can this business be saved case analysis. What is the required number of customers per day for wl to achieve breakeven in march 2010.
They also have a liquor license that isnt put to good use, given that draught beer delivers 77% of the gross profit margin. Vinyl products westlake vinyl resin products are the key ingredients to making some of the worlds most prevalent items, including residential siding, pipe and fittings for various water, sewer and industrial applications, pvc profiles for windows, doors, fence, and decking along with films. Is westlake lanes a viable business what are the positives and negatives associated with the firm. As part of its commitment to being business friendly, the city of westlake village does not require a city business license, business registration, or business tax to operate. He received a 30% salary increase, and an extra 2 weeks of vacation time. Is it the lack of communication and relationship between management and employees. Buying and selling cars has never been easier when you floor and finance with westlake. Introduction shelby givens, general manager of westlake bowling lanes, sat in her cramped office in downtown raleigh, north carolina.
By serena ortiz about introduction whats your presentation about. Westlake lanes can easily exploit the buying power of children as seen in the external analysis above by targeting them. Westlake lanes case analysis profit economics gross. You can change your cookie settings at any time but parts of our site will not function correctly without them. Despite the fact that the board is so impatient, it is fair to say that westlake lanes is a viable business if only it has the right management.
To convert a pdf to an image file, first navigate to, which will allow you to change the format of your files. How can this business be saved jason brooks, turki alsulaiman, chris carder, tim whitley sell. It can be seen through this analysis that this business is currently in an attractive industry relative to where it is located raleigh. I would like to see an report that makes an economic and social argument that top pace rail is necessary involving the two towns. Shelby given, the general manager of this falling small company, concerns that if the company can not achieve profitability in the shortterm and repays the load responsibilities, this small business have to shut down. How to create a pro forma income statement businesstown. About usblending our chemical capabilities with a strong, downstream building products business, westlake delivers lifeenhancing products that benefit lives every day. Review statespecific business licensing requirements and resources. The strategies identified from the westlake lanes how can this business be saved bcg matrix and included in the case pdf. The politics would not have much effect, but tax policy could have an impact on the profitability of the company. The main and foremost competitive advantage of westlake is that the company is. You can create invoices by business unit or location, which you can then use to charge costs back to the.
Throughout the years westlake bowling lanes performance level was reducing, shelby givens was appointed as the general manager in order to make the situation better and repay the longterm loans. In order to conduct a good case study analysis and come up with practical solutions, one must definitely look for particular types of information, and develop an information map. How can this business be saved spreadsheet supplement case solution. A horsedrawn streetcar pulled a coach on rails secured in the streets for smoother ride. By the end point of the case, the business is cash flow positive. Givens lane machinist from westlake opted for a raise as well. The company is located in downtown raleigh, north carolina and was founded by the grandfather of givens dane sugar. Executing a turnaround may be easier in some cases than one thinks. Introduction of westlake lanes how can this business be saved case solution. However, there are several steps that a potential business owner must take when deciding to open a business in the city of westlake village. There are many problematic issues with the business and i have identified some of the core ones. Key issues shelby givens, general manager of westlake bowling lanes is concerned with whether the company is financially ready to pay back the debt owed to its board members. Zillow has 109 homes for sale in westlake village ca matching.
How to start a business in westlake village westlake. You can also press go interactive or tune to channel 500 or 1500 hd to search within the stingray music app for the best music for every moment, place, and mood in your life. Ask your rep for details on westlake special discounts on in lane purchases and vehicle financing. I think there are a lot of steps we can take for the betterment of the business. West lanes westlake lanes how can this business be saved. Step 2 read the whole of the westlake lanes how can this business be saved case the next step is to read through the case study and gather information from it. Harvard business case studies solutions assignment help. How can this business be saved spreadsheet supplement excel file, subjects covered entrepreneurship marketing.
Shelby givens, a new mba, is the general manager of westlake lanes, a nearbankrupt bowling alley that her grandfather founded decades earlier. The general manager of a bowling alley, shelby givens was worried about the current situation of the company. You will need to estimate final sales and expenses for the current year to prepare a. The case includes a quantitative assignment for students. She must convince the board that within her allotted one year, progress has been made in improving the business and ultimately convince them that profitability is in the. Consider how each item on that statement can or will be changed during the coming year. During the first few days on the job, givens learns. Sit down with an income statement from the current year. How can this business be saved spreadsheet supplement case study solution, introduction the general manager of a bowling alley, shelby givens was worried about the current situation of the company. Westlake lanes is definitely in a good position to compete with other businesses present or potential.
It was march 10, 2010, two weeks before the scheduled meeting of westlake s boardgivenss uncle and two close family friends. Depending on the length of the com mute and the amount of congestion bypassed, using the hov lanes may save 15 to 30 minutes each way. How can this business be saved spreadsheet supplement case analysis, westlake lanes. Seeing the current debt in the business, the current demographic data, market trend and the required investment to develop from now, it can only be expected to break even in the next 5 years. Once youve registered and signed in, instantly upload all applicable business licenses, forms and sales tax exemption certificates by visiting the my account page. How can this business be saved spreadsheet supplement case study solution, westlake lanes. Shelby givens, the granddaughter of the founder of westlake lanes, dane sugar. Our refinance options may lower your interest rate and monthly payments on your current loan and. For business customers, contact senior manager michael high at 4696469193 hollywood burger 1 solana blvd.
Executing turnaround for a troubled firm introduction turnaround of companies is a process that requires a great deal of critical thinking and careful consideration of different aspects of a business strategies implementation. The positive side of this business is that it gives a second chance to the employees under new. Employees can view and elect only benefit plans for which they are eligible. Hollywood burger is all about full flavor and fresh ingredients.
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