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Published bySolomon Fickett Modified over 10 years ago
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Team #1 Yi Fei Ma Mallory Haynes
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History Mission Statement Strategies S.W.O.T. Analysis Core issue Actions Recommendation
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Erica Mills Love for art Moved around
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Warm Fuzz Cards was created to brighten days and create smiles. You do not need a reason to send a card; you send a card just for the fun of making someone smile.
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Marketing and sales Design Production Accounting and finances
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Strengths Strong relationship with retailers and customers Quick feedback Unique designs Small cash investment No overhead Profitable business All sales goals have been successful achieved Successful Advertisement
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Weakness No formal business training No graphic design training Low profit margin in retail Potential for financial risk
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Opportunities A connection with a senior executive at a large national chain of stores Wedding invitation market and custom corporate card business has growth potential
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Threats Low economic period Negative influence on demand Leading competitors have accounted 85 percent of the market Mills may lose the opportunity with the senior executive if she continues with a slow growth process
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Slow growth process vs. fast growth process
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Accountant/Financial Manager Improve sales and marketing strategies Invest in inventory New designer
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Hire an accountant Handle finances Financial advice Pursue opportunity with senior executive Invest in inventory Lower cost for larger production Sales and marketing strategies are a strong asset Mills unique designs attracts customers
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History Mission Statement Strategies S.W.O.T. Analysis Core issue Actions Recommendation
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