Preview

Porcini S Pronto Case Draft

Powerful Essays
Open Document
Open Document
1487 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Porcini S Pronto Case Draft
Porcini’s Pronto
Executive Summary
Porcini’s restaurants an Italian specialty restaurant chain located in Boston Massachusetts, owns and operates 23 restaurants in the northeastern part of the United States and employs over 900 employees. The company’s challenge is to expand its restaurant chain working within its limited resources and brand recognition. Complicated with a saturating domestic restaurant market and major brands currently in the market creates a formidable challenge for Porcini’s Pronto operations.
The problem was to determine the appropriate course of action for the company to take between franchising and syndication. Considering using a SWOT at first glance the decision to analyze the different methodologies using Porter’s Five Forces of Competition gave a more robust analysis within the restaurant industry.
The choice of franchising was determined the logical choice over syndication for the company from a financial stand point and a quicker way to market to vie with its major competitors. Franchising offered a broader reach with fewer fiscals risks that will help to compete with brands such as Olive garden and Pizza Hut.

Background Porcini’s Inc. started out in 1969 as a family owned Italian-American restaurant in the Boston Massachusetts neighborhood known as the North End. The company two decades later sold controlling interest to a group of investors the company employs over 900 people and operates in 23 locations. Porcini’s is financially stable.
The Porcini’s advantage is its ability to deliver high quality food and superior service uniformly at each of its locations. The James Beard award-winning chef Mariana Molise is responsible for creating gourmet quality meals with her flash cooking techniques at moderate prices. Porcini only uses fresh ingredients making each dish from scratch and displays artful presentations to each of its dishes. However, the cost of the average entrée is only 2 to 3 dollars above Olive Garden its closest



References: Pringle, J., & Huisman, J. (2011). Understanding Universities in Ontario, Canada: An Industry Analysis Using Porter 's Five Forces Framework. Canadian Journal Of Higher Education, 41(3), 36-58. Rice, J. F. (2010). ADAPTATION OF PORTER 'S FIVE FORCES MODEL TO RISK MANAGEMENT. Defense AR Journal, 17(3), 375-388. Suwardy, T., & Ratnatunga, J. (2014). Business Landscaping for Strategic Advantage: Evidence from a Multi-Sector Study. Journal Of Applied Management Accounting Research, 12(2), 1-15

You May Also Find These Documents Helpful

  • Powerful Essays

    Tutti Matti

    • 1504 Words
    • 6 Pages

    After spending 6 years in Tuscany, Italy learning all aspects of a restaurant’s operation, Solomon returned to Canada and opened her first Tuscan Cuisine restaurant in Downtown Toronto. In order to survive in the competitive restaurant industry and discouraging economy condition, Solomon needs to address the following issues:…

    • 1504 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Buca Di Beppo Review

    • 1172 Words
    • 5 Pages

    Buca Di Beppo on the corner of Rush and Grand is a must-go restaurant for Italian food cravers. Buca di Beppo is a collection of neighborhood restaurants with an authentic Italian menu for everyone to enjoy. Their magnificent Italian dishes are meant to be shared and served family-style, perfect for passing around the table. The first Buca di Beppo opened its doors in 1993 in the basement of a Minneapolis apartment building. Since then, Buca Inc expanded the chain of 92 establishments, which include 87 companies in the U.S. and 5 franchises in UK.…

    • 1172 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Times have changed over the past 20 years and the threats of rival companies are increasing. The outside environment is ever changing and your target market needs to grow alongside it in order for you to survive. Some of your competitors have over 100 outlets and are nationwide whereas ‘The Lodge Bistro’ has 25 outlets that are all based in the south.…

    • 498 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Chipolet

    • 469 Words
    • 2 Pages

    Chipotle Mexican Grill is a famous restaurant in the United States. Restaurant industry is considered to be unattractive field based on Porter’s five forces. Foremost, the threat of entry is high in restaurant industry because the customer switching costs is low and it does not require intensive capital investment as auto industry does. Most restaurants purchase raw food materials in bulk, which creates supply-side economies of scale. Though some restaurants have suppliers that provide organic food or special sauces, considering the restaurant industry as a whole, the power of suppliers is moderately low. The reasons are that the number of suppliers is as many as the restaurants and the switching costs are low for buyers. The power of buyers is relatively high because the survival of the restaurants depends on how frequent the customers visit. If a restaurant does not have some royal customers, it will eventually be squeezed out of the business. Moreover, the threat of substitutes is high since customers have other options to get foods besides going to a restaurant. For example, some people prefer homemade meals while other people would like to consume frozen pizza or premade salads from grocery stores. The last force is rivalry and it is intensive among all restaurants. Different restaurants take different strategies to attract customers, such as new food innovation, services improvement and customer royalty program.…

    • 469 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Discussion 2

    • 581 Words
    • 2 Pages

    Chris and Erica have to consider whether existing businesses will compact their new startup in a positive or negative way. Lena recommended that Chris and Erica perform a formal SWOT analysis, this will help them better understand the competitors in surrounding area. Completing the SWOT analysis will help them make sound decisions on ways to boost profits, and bring in a steady stream of revenue. The analysis will help them in determining their strengths and weaknesses as well as those of their competitors. By identifying the strengths and weaknesses of their competitors, this will give Chris and Erica an advantage when their Corner Café is actually open, and allow them to craft a customer experience that will exceed customer expectations. Considering their menu, the quality and quantity of their product, and price will determine if their café will be able to attract customers. Erica made a great decision to use local produce for fresh produce, this is not only a way to support the community but it can also attract customers. Because we live in a more health conscious society, using the fresh produce will give Corner Café a competitive edge. Offering a menu that offers fresh, organic, unprocessed food contributes to this social factor and gives Chris and Erica an additional advantage.…

    • 581 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Academia Barilla

    • 1084 Words
    • 6 Pages

    How best to manage Academia to fit into Barilla’s long-term strategy and need for growth.…

    • 1084 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    Coffee and Broadway Cafe

    • 662 Words
    • 3 Pages

    Michael Porter’s Five Forces Model is a useful tool to aid organizations facing the challenging decision of entering a new industry or industry segment. The Five Forces Model helps determine the relative attractiveness of an industry and includes:…

    • 662 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

     since franchising was successful in Canada, Mexico, Hong Kong, and Taiwan, the company should continue with this approach for international expansion. Foreign-owned restaurants may be unappealing to local customers…

    • 621 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Cici's Pizza Research Paper

    • 2942 Words
    • 12 Pages

    CiCi’s Enterprise is an American style buffet restaurant chain based in Coppell, Texas. There are approximately 600 franchised and corporately owned restaurants in 35 states. The company was founded in 1985 in Plano, Texas by Joe Croce and Mike Cole. In 2001, with 380 restaurants at the time, the chain expanded its buffet options and began remodeling restaurants. Four years later, CiCi’s had more than 500 locations, and was the fastest growing pizzeria in the United States. In 2003 Croce retired from the business, and passed ownership of the company to Craig Moore, a general manager in Dallas. Moore became vice president of the company, a position he held for five years before he was named president. As president of the chain, Moore oversaw the company's operations and franchise growth, eventually announcing his retirement in 2009, after 17 years with the company. Michael Shumsky took over after Moore retired in late 2009. He had previously served as CEO of La Madeleine Restaurant, Inc. In addition to its current 600 restaurants, in 2010 CiCi’s announced plans to add another 500 restaurants in the next 10 years. CiCi’s has won numerous awards…

    • 2942 Words
    • 12 Pages
    Better Essays
  • Good Essays

    Before expanding their business, first they have to do a SWOT analysis (Strength, weakness, opportunity and threat). This is important because careful scanning of an organization’s internal and external environments may detect early sign of opportunity and threat that may influence the firm’s long term plans. (Kinicki & Williams, SWOT Analysis) This will help them to gain competitive advantage as they will know if any competitors are doing the same thing as they are doing. They will also need to think on ways they can differentiate themselves from the many other Italian restaurants, it could be the food from only a certain part of Italy, it could be the décor and ambience or it could be the service they provide. It all depends on what their competitors are doing and not imitating them. Apart from this…

    • 755 Words
    • 4 Pages
    Good Essays
  • Good Essays

    As we shadow Primo and Secondo, two brothers that emigrated from Italy to open an Italian restaurant in America, we learn a lot about the differences between Italian and Italian-American cuisine through the many obstacles they face. Primo is a gifted chef, a culinary genius determined not to waste his talent making routine dishes that American customers expect. Secondo is the smooth front man, trying to do anything to keep the restaurant financially afloat.…

    • 886 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Residential School System

    • 1896 Words
    • 8 Pages

    It discusses the decentralized system of post-secondary education between provinces and its connection to how federal tax dollars for post-secondary will be spent, but also the structure of their post-secondary system itself. This article overall focuses on academic capitalism and presents data on post-secondary expenditures, contrasts provincial and federal policies, resource allocation, and revenue generation. It discusses policy initiatives that have actually increased Canadian academic capitalism, some which are very obviously entrepreneurial, even more so than that of the United States. This article was done in order to re-assess a previous paper done on the matter, and has brought forth the evidence that Canada has shifted to a structure of academic capitalism due the decreased public funding and increased private funding – public meaning from the provincial or federal level, and private from an institutional, tuition, and industrial level. Metcalfe’s paper discusses at length the Canadian Foundation for Innovation; the CFI is to be understood as an intermediating organization which is situated between government, academia, and industry . The CFI promotes the “institutionalization of entrepreneurial behaviour” within post-secondary education by requiring government funded research grants to be matched by industry. They are essentially increasing the ties between institutions and the private…

    • 1896 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Ans. Starbucks was founded in 1971with an aim to roast and sell great coffee. At that time, coffee consumption in the US was nearly on the decline. Despite competitors like Folgers,Nescafe, Peet’s, By 1982, Starbucks had five retail outlets that sold supplies for brewing coffee at home and also the coffee beans butnot prepared beverages. When Schultz took over, he was determined to establish Starbucks as “the third place” beyond home and work. He wanted to differentiate and create a distinct identity of Starbucks and so was not receptive to the idea of selling prepared drinks. He justified it by saying that getting into the “restaurant business” would distract the company from its core assets and activities: roasting and selling coffee beans. The décor of the stores included earth tones and overstuffed chairs,wood floors and cozy fireplaces that created a home-like feel so that its patrons could linger and relax. La Marzocco machines were put up which added to the distinct taste of the coffee and the Barista that operated the machines stood as an unique attraction. The quasi-Italian lingo included in menu (drinks names and sizes) were very catchy. Starbucks positioned itself as a brand/company offering a “lifestyle product”. The locations were carefully selected where areas with large numbers of wealthy and highly professional workers (“Bobos”) were targeted.…

    • 1150 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Porter’s Five Forces Model is used to analyze the external and operating environment. pages 61-70…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Angelo s pizza

    • 1188 Words
    • 5 Pages

    Expanding the number of store and franchising with the same high quality food and fresh ingredients, is a great idea and a wonderful opportunity for Angelo’s pizzeria as an entrepreneur. There must be a focus on 3 resource management implications;…

    • 1188 Words
    • 5 Pages
    Better Essays