Preview

Cold Stone Mission Statement

Powerful Essays
Open Document
Open Document
1855 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Cold Stone Mission Statement
Cold Stone Creamery has been serving superior ice cream, cakes, cupcakes, smoothies and shakes for over 20 years. Their Mission Statement expresses “We’re fully committed to embracing diversity and inclusion in all aspects of our business. That’s why we’re developing a workforce that reflects the changing marketplace, while building and sustaining external relationships with multicultural markets, suppliers, and the communities we serve.” I decided to pick Cold Stone as the company to focus this project on because I’ve been an ice cream enthusiast ever since I was a little girl. I can emerge new marketing ideas, making an already successful brand into a well rounded forever growing corporation. There are 4 locations in my target market: Los Angles, California and 1,450 locations all over the world. I’ve chosen to place my Franchise right next to the University of California, Los Angles right on the corner of Westwood plaza and Strathmore place. I used Google maps to select this location.
Cold Stone Company headquarters are based in Scottsdale, AZ and is owned and operated by Kahala Franchising. Unfortunately, Cold Stone has seen a drop in sales over the last few years due to the rough economy. Therefore, Cold Stone is quite costly to the average customer. However, Cold Stone believes what they provide is worth the cost.
…show more content…
Not only is it a student dense area, but also students are traveling to classes and taking lunch breaks in the same location. Also, the school hosts numerous fraternities and sororities that live on the same street as my franchise, making it easy to partner up with those types of communities for social events. The school also hosts large sporting events such as football, basketball and baseball games. This will generate a higher volume of foot traffic compared to other franchises located in Los Angeles

You May Also Find These Documents Helpful

  • Better Essays

    Founded in 1907 in Brenham, Texas, the Brenham Creamery Company originated as, and continues to be, a family owned business. It initially specialized in the making of butter. In order to produce this good, excess cream possessed by surrounding farmers was purchased. A few years later, the Brenham Creamery Company began making and selling ice cream. This action soon proved to be very satisfactory as it began generating profits for the company. However, it was not until 1930 that the company officially changed its name to Blue Bell Creameries. Blue Bell has successfully infiltrated its respective market. Although their ice cream can be found throughout only 20 states in the nation, it is the third best-selling ice cream in the United States, following Breyers and Edy’s/Dreyer’s (Funding Universe). Blue Bell’s success can be measured through their need of facility expansion. Currently, there are 49 operating branches. A vital branch to this company is located in Harlingen, Texas. It will be the primary focus of our study. The Harlingen Branch is located at 300 Hanmore Industrial Parkway and Expressway 83. It serves as the main distributor of Blue Bell ice cream throughout the Rio Grande Valley. The branch is situated in a high traffic area. The territory where the branch is located is no more than one third of an acre in size. The region surrounding the branch is completely occupied by local businesses. Lack of land size has created a parking issue. It is unable to house its seven delivery trucks. They have remedied this situation by renting a parking facility in Pharr, Texas.…

    • 2970 Words
    • 12 Pages
    Better Essays
  • Better Essays

    A1. Viability of Product or Service: Earlier this summer, one of my good friends and colleague partnered up with a couple of enterprising individuals and started a U-Swirl and Rocky Mountain Chocolate Factory franchise. This fast food restaurant, located in Issaquah, WA, being a franchise, has the backing and support of the parent entities of “U-Swirl Frozen Yogurt” and the gourmet chocolatier “Rocky Mountain Chocolate Factory”. In keeping with the U-Swirl Frozen Yogurt Issaquah (2013) marketing tagline: “Worth the Weight” this fast food restaurant offer it’s guests up to 12 flavors of low fat and non-fat frozen yogurt at any time…

    • 3490 Words
    • 14 Pages
    Better Essays
  • Satisfactory Essays

    NETW410 Week 2 Lab Report

    • 349 Words
    • 3 Pages

    The goal is to expand the campus to accommodate the local population growth. Both on campus and off campus online capability must be accommodated to the increase of people enrolled.…

    • 349 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Hrm 531 Working at Lrr

    • 1986 Words
    • 8 Pages

    The Little Red Roaster (LRR) is a locally owned and operated franchise specializing in coffee and gourmet foods. Founded in 1996 in London, Ontario, there are five independently owned and operated locations. The LRR selected for this paper is located in a large community hospital and has a solid customer base comprised of hospital staff, visitors, ambulatory patients, and students. The LRR seeks to provide customers with a warm environment, friendly service, and high-quality food items. Owner Tristan Squire-Smith wears many hats within the business and has a wide range of responsibilities and duties, including networking, marketing, planning, managing, and recruiting. With the opportunity to interview Tristan, the topics of discussion included job analysis, job description and subsequent strategies he uses when determining to hire employees. Tristan ultimately is the individual who decides if an individual is qualified and a good fit with the closely knit LRR team and work environment.…

    • 1986 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Uop Mgt/598

    • 2158 Words
    • 9 Pages

    Starbucks mission is a visionary statement that outlines the company’s objectives as follows: “to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time” (Starbucks, 2013). The company’s values include quality, passion, fully engaging customers, humanity and enjoyment of life, setting the standard for being good neighbors, and accountability (Starbucks, 2013). Starbucks currently sets the standard in one market sector: whole bean coffee distribution within the United States. However, as Team A consultants identified, the company jeopardizes its frontrunner industry position by not expanding. Team A consultants discussed two primary expansion opportunities, specifically expansion of the company’s product portfolio and expansion of the company’s primary product, coffee, into foreign markets. Although both expansion options provide great competitive advantage for Starbucks, expansion into strategic foreign markets provides the most opportunity for competitive advantage and is most aligned with the company’s values as it enables the company to set standards in new industry sectors and broaden the neighborhoods in which it serves.…

    • 2158 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Swot Analysis - Bus 210

    • 751 Words
    • 4 Pages

    The business model is very well developed and researched. The plan provides breakdowns of what capital is needed to start-up, maintain the business, and provides an anticipated growth plan for the next three years. The plan also provides information on how many students are required to be enrolled, on an average weekly basis, to break even. Furthermore, the plan provides information for anticipated growth into a franchise consisting of three separate locations. The owner also researched the need for services in the area, the competitors and how to offer services to differentiate the Kid’s College from competitors, and how many “target” homes were within the 10 mile radius. The owner also researched what the projected growth of the community is by researching construction of new…

    • 751 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The concept of customized, friendly and healthy fast food has never been seen across the chain or franchise. There are more strengths and opportunities than weakness and threats indicating that the company has the potential to even grow and expand further based on the principles and planning that it has followed.…

    • 1387 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Carvel Case

    • 4713 Words
    • 19 Pages

    1.0 Introduction In 1934, Tom Carvel founded Carvel Corporation. It had one of the oldest and most endearing histories of all the ice cream companies in the U.S. Mr. Carvel used a combination of fresh ice cream and innovative products and manufacturing techniques to establish himself as the local, family-orientated ice cream parlor in the New York City area. In 1947, Mr. Carvel franchised his first store and proceeded to become one of the pioneers in fast food franchising. Throughout the 1960s and 70s, the gravely-voiced Mr. Carvel used his folksy and savvy style to dominate the greater New York area. By standardizing procedures and providing franchisees with exclusive product designs and marketing material, Mr. Carvel expanded all along the East Coast. By the early 1980s, there were over 800 Carvel stores in operation along the East Coast and in some Midwestern states. However, by the mid 1980s, the recession and the strain on Tom Carvel to manage his business began to take its effect on the franchise. Sales and quality control began to decline, and events forced Mr. Carvel to consider changes. In 1989, faced with diminishing sales and increasing store closures, Tom Carvel reluctantly sold his company to Investcorp, a Bahrainianbased investment-banking group. The Investcorp strategy centered on acquiring previously gainful companies whose profitability had diminished in recent years due to recession. By infusing new capital and bringing in a new management team headed by CEO Steve Fellingham, the former president of Kentucky Fried Chicken, Investcorp focused on growth and revamping Carvel’s listless image. Management was forced to walk a fine line between creating a new, vibrant image for Carvel and alienating longtime, loyal customers. Currently, Carvel Corporation’s mission statement is ‘Working together, we will make Carvel the leading choice for unique, quality frozen desserts by consistently exceeding customer expectations’. In 1994, Steve Fellingham…

    • 4713 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    For a business to be successful, it must determine what its distribution plan is, what pricing and positioning are best for the business, and the type of technology to use to connect with its customers. A distribution plan consists of how customers will utilize the service. Pricing and positioning explain the businesses market position about the competition, what pricing strategy will be used, and how the pricing supports the company 's position. Technology is used to reach and connect with customers. Each organization needs to consider these elements when creating a marketing plan. Ice Cream Delivery addresses these factors and its plan to build a…

    • 1287 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Tim Hortons Case

    • 1286 Words
    • 6 Pages

    Tim Hortons is currently the largest fast food restaurant chain in Canada that provides a variety of products that appeal to a broad range of consumer preferences at relatively low prices. It is the fourth largest publicly traded quick service restaurant chain in North America based on market capitalization.(pg3) The quick service restaurant industry is continuously growing and its competitive level has increased globally. Tim Hortons operates 4,546 franchised restaurants worldwide. It has been profitable over the past 5 fiscal years and has maintained a steady net profit margin. Tim Horton has been able to adapt to changing lifestyle trends by introducing new product innovations. The following report will demonstrate a detailed…

    • 1286 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Diversity Audit

    • 1605 Words
    • 7 Pages

    Starbucks Corporation is a multinational company based in United States. It was founded in the year 1971 and is headquartered at Seattle, Washington. Starbucks is engaged in the business of selling coffee, coffee beans and different types of bakery products all over the world. The company also has a division known as Starbucks Entertainment division which is utilized for marketing films, music and books (Yahoo Finance, 2012). The coffeehouses owned by Starbucks are known for its relaxing atmosphere and the stores are mostly located in places where there is high traffic. This study entails about the diversity audit that have been conducted for Starbucks. The findings of such diversity audit, its assessment and subsequent recommendations have been presented in this study.…

    • 1605 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Swot Analysis Tim Hortons

    • 662 Words
    • 3 Pages

    * Convert 15 – 30 existing Tim Horton’s restaurants to include Cold Stone Creamery; 15 – 30 new restaurants in US will be co-branded with Cold Stone Creamery…

    • 662 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Panera Bread Case

    • 770 Words
    • 4 Pages

    Driving concept: to provide a premium specialty bakery and café experience to urban workers and suburban dwellers.…

    • 770 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Marble Slab Case Analysis

    • 2973 Words
    • 12 Pages

    Marble Slab is a company that is famous for making fresh ice cream. It sells its premium prestige ice cream that is made daily with unique toppings. The unique thing about Marble Slab is the customers’ ability to completely customize their ice cream the way that they want to eat it. Instead of having a predetermined flavour, customers are able to mix their flavours of ice cream that they please and put a numerous amount of toppings on them that include Bananas, Strawberries, Bread crumbs etc. They call this Mixins. All of this is done on a giant ice cold marble slab. Marble Slab wishes to give customers a unique experience with a prestigious brand of ice cream.…

    • 2973 Words
    • 12 Pages
    Good Essays
  • Best Essays

    Macroeconomics Paper

    • 2239 Words
    • 9 Pages

    Macroeconomics explores trends in the national economy as a whole considering the study of the sum of individual economic factors. Industry is affected by factors such as GDP, unemployment, inflation, interest rates, and consumer price index. Fiscal (government) policy can help guide the economy toward a particular track without dictating a specific ending affecting tax, interest rates, and government spending (McConnell and Brue, 2005). Monetary policy attempts to achieve vast economic goals by regulating the supply of money through influencing outcomes like economic growth, inflation, and unemployment. Both policies attempt to control or regulate the economy. "If monetary policy is doing its job, the government should maintain a relatively…

    • 2239 Words
    • 9 Pages
    Best Essays