Determine how many cars‚ on average‚ turned to the Aalst location of Olympic Car wash during bad weather? What does this tell you about the managerial performance of the Aalst location? From the two tables given in the case we could extract the following data: Actual revenue earned by Aalst in that quarter = 124‚080 Vehicles washed on average per hour during good weather = 24 Average revenue earned per vehicle = € 11 Hours of good weather in that quarter = 470 Hours of good bad in that quarter =
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Management Control Systems Case: Olympic Car Wash The company and the bonus distribution The Olympic Car Wash Company is situated in Belgium and has 30 locations‚ each with a general manager. One of the locations is located in Aalst‚ which will base this assignment. The chief operating officer‚ Jacques Van Raemdonck‚ is also responsible for the performances of the locations as well as the distribution of the bonus pools‚ both being carried out after each quarter. The bonuses are exposed
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The Car Wash Though it may sound really simple to wash an automobile‚ just spraying the car with water‚ then soaping it‚ and then drying it will not fully complete the washing process. There is a simple yet easy process to washing your automobile correctly and also precautions to be aware of as you are doing so. There are about ten steps to follow. Following these steps will make your car washing experience a fun and enjoyable hobby. The first thing you need to do is to check the weather conditions
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Car Wash Partners Type of Deal (the method for making money) “Roll up” vs “Start up” Differences and similarities (“low risk‚ high return”?) Nature of risk in roll ups (operational scale/execution capacity) Build company quickly by leveraged acquisitions (at low P/EBITDAs) Economies of scale/cost reductions Go public at higher multiple Car Wash Industry Suitable for Roll up? Low risk High margins‚ “barriers to entry”‚ simplicity Highly fragmented‚ unorganized “Leveragable”? “Improvable”
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Finally‚ we made up our mind to select the idea of starting a car wash business. In between the progress of completing the research‚ our team faced some fierce arguments on the method of calculation‚ control system and management system. Nevertheless‚ we were able to sort everything out and continue with our progress. Lastly‚ we were grateful and thankful that we were able to finish the assignment according to the schedule. Content 1. Introduction 1.1 Name and address of business 1.2 Name and
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The Dirt Buster was designed by entrepreneurs wishing to provide a high quality car wash service in a virtually untapped market. Because new construction is necessary‚ a large amount of initial capital is required for this venture . * EXECUTIVE SUMMARY * MARKET/MARKETING * BACKGROUND AND PURPOSE * MARKET ANALYSIS * POSITION * FINANCIAL DATA * ORGANIZATION AND MANAGEMENT * MISCELLANEOUS ISSUES * OWNERSHIP * CRITICAL RISKS AND PROBLEMS: DESCRIPTION
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OLYMPIC RENT-A-CAR US CASE STUDY STUDENT: JOSÉ FILIPE SOUSA CARVALHO SUMMARY Olympic is a US rent-a-car company facing some changes in the market it operates. A competitor company (Enterprise) is changing its loyalty program. Olympic managers have to evaluate the impact of those changes and to take actions in order to respond correctly to those changes without losing market share and if possible taking advantage of the situation. The aim of this study is to evaluate those changes and to propose
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Executive Summary Soapy Rides is a prominent hand car wash serving the East Meadow‚ Long Island‚ NY community. Soapy Rides will be run by Tunde Mark Deshpande‚ of the prominent Deshpande family. The Deshpande family has been serving the Long Island area with a car repair business and property development /management for over 10 years. Mark will be leveraging the incredible good will and brand recognition of the Deshpande family name to quickly gain market penetration. The Business Soapy Rides
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Sparkle and Gleam Car Wash Business Plan Business Plan Prepared By Heidi Putzen President 12345 W. 98 St. Copperville‚ StateA 00000 000-555-0000 Date Prepared June 200B TABLE OF CONTENTS EXECUTIVE SUMMARY MANAGEMENT AND ORGANIZATION Management team Compensation and ownership Contracts and franchise agreements Board of directors/advisory council Infrastructure Insurance Employee stock option plan and other incentives Organization charts PRODUCT AND SERVICE PLAN Purpose of the product
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From : Elena Vignerte To : Russel Lacey MBA – MARKETING Nov. 11 – 2014 CASE MEMO Olympic Rent-A-Car US : Customer Loyalty Battles CASE SUMMARY : Olympic-rent-a-car is one of the US car renting company leader. The company was founded in 1976 by John Uelses‚ with a franchising model. The initial strategy of the company was to price lower than the main competitors. With a promotion‚ advertizing and franchizing strategy‚ the company reached to catch 7% of the market shares in 2012. By starting operating
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