Tuesday, May 26, 2020

Private Fitness Llc Case Study - 1083 Words

Case Study: Private Fitness Inc. (Merchant Van der Stede, pp.20/21) â€Å"I don’t know how much money I might have lost because of Kate. She is a long-timefriend whom I though I could trust, but I guess that trust was misplaced. Now I’ve got todecide whether or not to fire her. And then I’ve got to figure out a way to make my business work effectively without my having to step in and do everything myself.†Rosemary Worth was talking about the consequences of a theft that had recently occurredat the business she owned, Private Fitness Inc. Private Fitness was a small health clublocated in Rancho Palos Verdes, California, an upscale community located in the LosAngeles area. The club offered personal fitness training and fitness classes of†¦show more content†¦A few clients came in at other times. Classes werescheduled throughout the times the club was open. Some of the classes were quite popular, but many of them had only one or two students, and some classes were cancelledfor lack of any clients. However, Kateâ€⠄¢s marketing efforts were proving effective. Thenumber of clients was growing, and Rosemary hoped that by the end of the year the business would be earning a profit.As the quote cited above indicates, however, rosemary gradually realized that KateHoffman was stealing from the club. On one occasion when Rosemary came to the clubshe noticed $60 in the cash drawer, but she noticed when she was leaving that the drawer contained only $20. She asked Kate about it, and Kate denied that there had been $60 inthe drawer. Rosemary wondered if other cash amounts had disappeared before they had been deposited at the bank. While some clients paid by credit card or cheque others, particularly those attending fitness classes, often paid in cash.Rosemary became very alarmed when, during a casual conversation with one of the other instructors, the instructor happened to mention to Rosemary some surprising â€Å"goodnews†. The good news was that Kate had brought in a new private fitness client who wasworking out in the 1 to 2 pm time period on Monday, Wednesday and Friday. Kate wasdoingShow MoreRelatedLululemon2462 Words   |  10 Pagesimage and quality are important in sustaining the Lululemon Athletica, AA and Roots Canada brands. Research Objectives This is a case study of Lululemon Athletica, AA and Roots. The case study includes a summary of the overall strategic positioning, SWOT analysis and what kind of business problems they are facing or are likely to face in the near future. This case study reveals the techniques to be used in gathering the data and recommendations to deal with potential threats. Lululemon Athletica,Read MoreCase 2 Essay8322 Words   |  34 PagesFor the exclusive use of M. Al Ayfan 9-407-037 REV: APRIL 23, 2007 BORIS GROYSBERG CHRIS MARQUIS AYESHA KANJI Tim Keller at Katzenbach Partners LLC (A) As Tim Keller was printing his boarding pass for his first weekend off since starting his new job, he reflected on his first few months at the Houston office of consulting firm Katzenbach Partners (KPL). Not everything had gone well since he joined the firm, but he had started to establish relationships at the firm and was developing as a consultantRead MoreFinancial Management : Key Performance Metrics10327 Words   |  42 Pagesmethodologies, key performance metrics, and news and events, amongst many other segments. From the smallest of public companies, to global giants, data is continuously compiled and analyzed to gauge performance and predict future trend. Of course, these studies can never be completely accurate, as market performance is unpredictable and sometimes quite volatile. It’s because of the unknown that the constant fluctuation of individual stocks and overall markets is present. These fluctuations are tied to manyRead MoreDarden Mba Resumes16768 Words   |  68 PagesAdministration, May 2011 ï‚ · GMAT: 700 ï‚ ¨ Clubs: Finance, Private Equity, and Real Estate Charlottesville, Virginia Brigham Young University, Marriott School of Management Bachelor of Science in Business Management – Finance, December 2005 ï‚ · Full academic scholarship(2005) ï‚ ¨ Finance GPA 3.87 ï‚ ¨ Cumulative GPA 3.47 ï‚ · Graduated in 34 months while working 20+ hours per week EXPERIENCE 2007 - 2009 Provo, Utah Dwellings - A Home Company, LLC Highland, Utah Founder/Partner Financial Analysis/ AccountingRead MoreAirheads Business Analysis Essay34215 Words   |  137 Pages$6.95 100 Recommendation Timeline 100 Recommendations Conclusion 101 Timeline Summary of Implementation for all the Recommendations 102 References 104 Appendices 114 Executive Summary Airheads USA, LLC is an indoor trampoline arena owned by Steve Johnston and Richard Heruska. This firm falls within the family entertainment center (FEC) industry and opened its first location in 2010. Currently, the business has three open locations: Tampa, St. PetersburgRead MoreUAE Consumer Lifestyle Analysis42818 Words   |  172 PagesConsumer Expenditure on Clothing and Footwear (Constant 2009 Value): 2005-2009 49 Table 57 Consumer Expenditure on Clothing and Footwear (Constant 2009 Value): 2010-2020 50 Health and Wellness 50 Healthcare 50 Health and Well-being 51 Sport and Fitness 52 Nutrition 53 Home Medication and Vitamins 53 Table 58 Health Expenditure: 2005-2009 54 Table 59 Healthy Life Expectancy at Birth: 2005-2009 54 Table 60 Obese and Overweight Population: 2005-2009 54 Table 61 Consumer Expenditure on HealthRead MoreComplete Project on Nike16139 Words   |  65 Pageswords, â€Å"The benefits and costs of fitting individual customer preference are more complex and less deterministic than has been assumed.† That’s because â€Å"customer preferences are often ill-defined and susceptible to various influences, and in many cases, customers have poor insight into their preferences.† In one of his recent papers, Simonson tackles the issue of one-to-one marketing and mass customization. Supporters of these marketing approaches have suggested that learning what customers wantRead MoreManagement and Teaching Note19520 Words   |  79 Pagesecch the case for learning case collections update 2007 Quarter 4 Visit the case search section of the ecch website at www.ecch.com to identify relevant cases from the ecch collection and view over 31,000 full text inspection copies. ecch provides a free monthly e-mail update service giving details of new cases from all sources. Visit www.ecch.com to subscribe. Economics, Politics and Business Environment 9-407-049 ALLIANZ AG: BECOMING A EUROPEAN COMPANY Lorsch, JW; Chernak, A HarvardRead MoreFinal Project on Mnc8557 Words   |  35 Pagesmany different types of franchises. Many people associate only fast food businesses with franchising. In fact, there are over 120 different types of franchise businesses available today, including automotive, cleaning amp; maintenance, health amp; fitness, financial services, and pet-related franchises, just to name a fewAn individual who purchases and runs a franchise is called a franchisee. 4-SUBSIDIARY COMPANIES: MNC also form their subsidiary companies in different countries to carry on theirRead More65 Successful Harvard Business School Application Essays 2nd Edition 147256 Words   |  190 Pagesorganized and impromptu training sessions, I coach them on sales pitches, industry dynamics, algorithms for quick company evaluation, and financial modeling. Additionally, I advise them on balancing work and personal life, a skill rarely discussed in private equity. Interestingly, mentoring has sharpened myown skills. My understanding of leadership is no longer about getting people to do or follow; rather, it is about expanding intellect to release un.. tapped resources, vision, and action. The results

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.