SMALL BUSINESS ENTERPRISE TABLE OF CONTENTS INTRODUCTION 1 MAIN BODY1 Question 1 1 Section 1: Business, Administrative & Contact Information 1 Section 2: Introduction1 Section 3: Business Strategy 3 Section 4: The Business Portfolio 3 Section 5: Management & Ownership 4 Section 6: Current Customers 5 Question 2 Competitor Analysis.6 Question 3: Recommendation to organisation for improvement.9 Question 4: Expansion and Performance Suggestions. As there is increased competition in coffee market due to higher consumption of coffee, the analysis of competitors and assessment of plans and
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SMALL BUSINESS ENTERPRISE
TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 Question 1........................................................................................................................................1 Section 1: Business, Administrative & Contact Information.................................................1 Section 2: Introduction...........................................................................................................1 Section 3: Business Strategy..................................................................................................3 Section 4: The Business Portfolio..........................................................................................3 Section 5: Management & Ownership...................................................................................4 Section 6: Current Customers.................................................................................................5 Question 2 Competitor Analysis......................................................................................................6 Question 3: Recommendation to organisation for improvement.....................................................9 Question 4: Expansion and Performance Suggestions...................................................................10 Question 5: Analysis of Plans and objectives................................................................................10 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................12
INTRODUCTION Small sized business organisation is one of the reason for increased competition in market. They give employment to large number of people in United-Kingdom. The report has been prepared considering retailers in UK, specifically dealing in beverages. A brief overview on how businesses operate and function with objective of achieving set targets and maintain high market share, is represented in this report.Product range offered by business and their quality plays an important role in creating brand image. Costa is a coffee-house in United-Kingdom dealing in beverages, mainly coffee, sandwiches, tea or drinks (Storey, 2016.).Further, in the present project particular store is considered of Costa which located at DLR station and Woolwich.Financial position of company would be outlined in this report. As there is increased competition in coffee market due to higher consumption of coffee the analysis of competitors andassessmentofplansandobjectivesareconductedalongwithrecommendationson improvement in performance. MAIN BODY Question 1 Section 1: Business, Administrative & Contact Information 1.1Business name:Costa coffee 1.2Business type:Foods and beverages 1.3Telephone number:+44 20 8316 6594 1.4E-mail address:www.costacoffee.com 1.5Physical address or location:Woolwich New Rd, London SE18 6EU, United Kingdom Section 2: Introduction 2.1 Company History Costa is a coffee-house company, headquartered in Dunstable, Bedfordshire. Company deals in beverages sector and second the largest coffee-house behind Starbucks in United- Kingdom. Located at various locations in London UK, supplying roasted coffee at coffee shops. Company has 2121 restaurants in UK and 3401 shops across globe in 31 other nations.It was founded in year 1971 by two Italian brothers which are Sergio and Bruno Costa. It opens first
coffee shop in London in 1978 and acquired by Whitbread Plc in the year 1995. In the year 2007 it overtakes to the Starbucks in as the largest coffee shop in UK market. As per the recent survey, Costa coffee opens Paradise Roastery in Basildon with worth of 38 million GBP. It is in coffee shop and beverage sectors with product range of Coffee, tea, sandwiches and iced drinks.Last years reported net income of company was 153 million pounds. Its only subsidiary company of Whitbread Plc. Company acquired 79 stores of Coffee Heaven for 36 million pounds. One of its store atGreenwich DLR Stationis deeply analysed for the purpose of analysing Small business enterprise. 2.2 Overview of Company's Business United-Kingdom has become country of coffee drinkers, sales reported of 2.3 billion cups approximately each period as per previous year 2016. Following are the significant trends for Costa in coffee market of the country. 1.Company had increase of 11.2 percent in its sales in 2016. 2.Contribution to overall growth of coffee-shop chain, as UK has become country of coffee drinkers. 3.It is one of the successful sector of retail in the economy. As per estimation of 2020 the market may generate revenue of 6 billion dollars in over 9400 stores. 4.Not at all surprising, the leaders in given sector are Starbucks, Costa Coffee and Cafe Nero, collectively reflects 53 percent of coffee-market. 5.Happenings in market is taking place like Cafe Nero came up with Harris+Hole which was earlier owned by Tesco Plc. Company is presently following strategy aiming at businessgrowthinUnited-Kingdomfocusingonglobalgrowthofthecompany (Williams and Martinez, 2014). To support future growth building capabilities and creating a successful platform efficient and newer technology is being used in the organisation. Costa has unique model for property strategy which give competitive edge to company. 2.3 Key Sector Trends Revenue of coffee shops industry is: worth of 6 Billion GBP.
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