Preview

Financial

Powerful Essays
Open Document
Open Document
3589 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Financial
INTRODUCTION
This report shows the operations of the business Sprezzatura Coffee Sdn. Bhd. which is based in Petaling Jaya, Selangor (refer to appendix B). Sprezzatura is not just a normal café as it is also a roastery which basically means a place where coffees are roasted (Web-definition.com, 2014).
Being the only café opened in Phileo Damansara I building has made it an instant hit among the businessman and woman and employees that works in the building. Sprezzatura has created a nice ambience especially for their target consumer which is employees to enjoy their coffee and relax after work or during their breaks.
To understand more about the business, researches on operations of Sprezzatura were conducted which is the main purpose of the report. Throughout the research period, there are several areas provided by the business that helped us analyze the operations. These area includes the marketing strategy, communication internal and externally and problems that Sprezzatura faced, facing and what they expect to face. Recommendations that suit the problems are also given to overcome the problems. Pictures and other data are provided in the report to give a clear understanding.
At the end of this report, readers are able to identify the importance of communication and marketing strategy in a business and also steps of how to overcome the problems.

Figure 1: Sprezzatura Coffee, Phileo Damansara 1, Petaling Jaya

BACKGROUND OF SPREZZATURA COFFEE
Sprezzatura Coffee was founded on 14th of August 2013 by two young entrepreneurs, who are driven by their passion for good coffee and roastery. The two entrepreneurs are Zharif bin Abdul Aziz and Mirwan Badri bin Ahmad Badri. They are close friends since high school and had a vision after they graduated college to start a café business in Malaysia. Sprezzatura is actually one of the earliest café to be open up in Malaysia and it is also one of the very few cafes that actually do their own roasting and supply

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Finance

    • 285 Words
    • 2 Pages

    Wall Inc. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year end. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Over 120 Accounts receivable $375,000 $220,000 $90,000 $40,000 $10,000 $15,000 % uncollectible 1% 4% 5% 8% 10% Calculate the total estimated bad debts based on the above information. Total Accounts receivable % uncollectible Estimated bad debts $375,000 0-30 $220,000 1% 31-60…

    • 285 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Caffe Nero

    • 3562 Words
    • 15 Pages

    In this report, the mission statement for Caffe Nero is make sure food and service are excellence in all four areas to achieve their aim. Besides that, Caffe Nero also providing their customers with good quality coffee and comfortable environment to their customers. There are 3 main important to be successful - A high quality and well defined offering, focus on brand value, selective site acquisition and disciplined roll-out.…

    • 3562 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    finance

    • 258 Words
    • 1 Page

    First, there are three types of generic strategies in Porter Models, low price, customer service and focus. Quirky as a company who is based on invention is taking a customer service strategy. The products selling on their website are not cheap but not too expensive. So I believe that Quirky are focusing on the relationship with customers.…

    • 258 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    This report is submitted on behalf of the marketing plan for a franchise branch of Costa Coffee located Ealing Broadway in West London of United Kingdom Costa coffee has a fabulous history to be poured in each cup of tea which is served to the customers.…

    • 2447 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Finance

    • 5399 Words
    • 22 Pages

    Damodaran, A. (2005) The value of control: implications for control premia, minority discounts and voting share differentials, Stern School of Business, New York.…

    • 5399 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    FINANCE

    • 468 Words
    • 2 Pages

    This is an individual continuous assessment that carries 15% of the overall assessment in this course. You are required to answer ALL questions below.…

    • 468 Words
    • 2 Pages
    Powerful Essays
  • Best Essays

    Caffe Nero

    • 2153 Words
    • 9 Pages

    Caffe Nero Group Limited was founded in 1997 in South Kensington, London by Gerry Ford. It is an Italian style coffee shop and the largest independent coffee retailer in Great Britain in recent days. Now, it has over 400 stores and nearly 3000 employees in the United Kingdom. It is also to the development of overseas market, in 2007, Caffe Nero opened the store in Turkey, and after one year later, it opened the shop in the United Arab Emirates, the Middle East. Caffe Nero has a philosophy; it is very simple, which included four elements, Food, Service, Coffee and Atmosphere, especially Coffee and Atmosphere, a good coffee can give customers a good first impression, make people sweet in heart, Atmosphere is also very significant point, a good atmosphere will give customers’ mind relax and happy, increase the customers’ consumption. When people go to the Caffe Nero, it will see behind the Caffe Nero, it writes ‘Italian’, it does not mean Caffe Nero is from Italy, it means in the Caffe Nero, the coffee style is Italian, the coffee is used for a unique Italian blend is made from seven different coffee beans, which is different with the other cafe rivals in the UK market (Caffenero.com 2011).…

    • 2153 Words
    • 9 Pages
    Best Essays
  • Satisfactory Essays

    finance

    • 280 Words
    • 2 Pages

    There are 33 questions on the test. You may use one 3x5 card, with notes on the front and back, a financial calculator, and any of the big plastic cards of study notes. You may not use the calculator on your cell phone.…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Finance

    • 413 Words
    • 2 Pages

    Our objective will be to understand money and the financial system and its integral role in the economy. We will explore:…

    • 413 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Di Bella Case Study Final

    • 1823 Words
    • 24 Pages

    References: Bennett. P (1988) "Standardization in international marketing: is Ted Levittin fact right?", Business Horizons, November-December, pp.69-75.…

    • 1823 Words
    • 24 Pages
    Best Essays
  • Satisfactory Essays

    Financial

    • 460 Words
    • 2 Pages

    12. Ratios Inputs RATIOS Items July 1, 2005 July 1, 2006 June 30, 2007 June 30, 2008 June 30, 2009 June 30, 2010 19.1% 3.2% 20.3% 2.6% 17.4% 20.3% 2.9% 18.7% 20.1% 2.9% 19.4% 20.1% 2.9% 18.6% 20.1% 2.8% 16.9% 9.9% 2.2% 8.5% 25.1% 48.5% 10.8% 3.3% 12.3% 36.0% 66.0% 11.3% 3.2% 12.1% 35.4% 62.1% 10.4% 3.7% 13.3% 39.3% 71.5% 9.4% 4.0% 13.4% 38.4% 79.4% 3.78 7.34 13.79 1.23 16.92 13.69 14.11 22.37 3.79 7.21 13.51 1.30 16.82 13.76 14.43 22.94 3.83 7.11 13.37 1.08 16.88 14.07 14.88 23.03 3.63 6.56 12.56 0.84 16.89 14.20 15.08 23.12 3.38 6.20 13.92 -2.33 16.91 14.14 15.03 23.11 3.20 5.95 18.67 -0.51 16.60 13.89 14.76 23.53 1.16 1.10 0.73 0.06 1.36 1.30 0.87 0.06 1.37 1.31 0.87 0.06 1.48 1.32 0.95 0.16 1.67 1.33 1.15 0.35 1.96 1.33 1.43 0.62 2.08 1.33 1.55 0.74 11.6% 21.3 25.7% 18.1% 13.8 34.8% 12.3% 18.5% 16.4 34.9% 18.3% 19.6% 17.1 36.7% 17.7% 24.2% 16.2 41.7% 19.9% 21.2% 13.8 37.1% 21.8% 23.2% 12.0 39.8% 20.9% Profitability Gross Margin Net Margin…

    • 460 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Finance

    • 886 Words
    • 4 Pages

    The current ratio of the company is at a lower side i.e. 1.79, which may lead to some liquidity issues for the company in the future. The ratio was 1.86 in year 11 and has come down to 1.74 in years 12. The industry average was 2.1 and higher quartile was 3.1. Thus, this indicates a weakness for the company as liquidity may be compromised.…

    • 886 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    gloria jeans

    • 3001 Words
    • 13 Pages

    Gloria Jean's Coffees was founded by Gloria Jean Kvetko in 1979 in Chicago, USA. Gloria Jean's Coffees began as a small coffee and gift shop in Chicago USA which now has over 110 locations throughout the US. In 1995, Nabi Saleh and Peter Irvine, former managing director of advertising agency DDB Needham, visited the United States to sample the Gloria Jean's Coffees brand. Saleh and Irvine identified the opportunity for this brand in Australia, purchasing the international licensing rights from Diedrich Coffee, Inc.…

    • 3001 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Feasiblity

    • 11316 Words
    • 46 Pages

    Café Hill is a coffee shop that is within a school campus located in Mary Heights, Bakakeng, Baguio City. It is named Café Hill because the campus is located in Baguio City in which we know that several hills are located including Mary Heights. The newly established Saint Louis University campus for the School of Accountancy and Business Management is where students, faculty, and employees of the campus can have the privilege to enjoy a cup of coffee and enjoy our other products and where students who will take their OJT’S will be trained properly.…

    • 11316 Words
    • 46 Pages
    Good Essays
  • Best Essays

    Finance

    • 3543 Words
    • 15 Pages

    References: 14. Xafa, M. (fall 2010) 'Role of the IMF in global financial crisis 15. CATO Journal, Vol 30, no 3, pp. 475-489.…

    • 3543 Words
    • 15 Pages
    Best Essays