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  • Essay / Kudler Fine Foods: Marketing and Business Plan - 897

    After analyzing the weaknesses and strengths of Kudler Fine Foods, this sole proprietorship business is facing several situations such as limited inventory due to perishable goods, expensive payroll and geographic limitations, among others. problems. Despite these situations, the main problem lies in the overall management. Kathy Kudler, the owner, is the sole person in charge of the purchasing process and other management responsibilities that prevent geographic expansion and therefore opportunities for financial increase. Kudler Fine Foods is a gourmet grocery store whose vision is to provide customers with the best and highest quality selection of food products. The first store was established successfully, with strong sales from the start and continues to grow. Depending on the current situation of companies, the existing opportunities could be numerous. Considering the company's strengths of no direct competition, variety of choices and business concept, Kudler could be placed as a leader in gourmet grocery stores and has its own brand or registered trademark of products symbolizing high quality. These brands can be distributed outside of the current geographic area, allowing products to be marketed to open doors for future store expansion. In addition to having her own brand, Kathy could create a franchise business of Kudler Fine Foods and convert it into a grocery chain and have a geographic expansion based on the same philosophy, market segment and culture as the La Jolla location. This option could give him the opportunity to focus on one store and have time to develop other areas like food services and create a better marketing plan. In addition, she might have the alternative in the future to simply live in the middle of paper......with the store located in La Jolla, the current business plan does not provide sufficient mechanisms or specific solutions . . Despite this, the company's strengths, weaknesses and growth opportunities are identified. The business plan should detail the specific strategies that will be implemented, including a contingency plan. After forming a proper business plan that includes acquiring an automated system not only to gain better inventory control but also for the rest of the operations. Kathy could formalize the idea of ​​selling her business as a franchise. In conclusion, once the existing problems are corrected and the effectiveness of the new plan and solutions verified, it will be time to use this same model to expand the company geographically through the sale of franchises or through the acquisition of Kudler Fine Foods by a larger store. chain.