analyses Inner-city Paint Corporation‚ with focus on its present position and possible changes for the future. First‚ let me introduce this company: Inner-city Paint Corporation is a small company that manufactures wall paint and is located in Chicago. The main product is flat white wall paint‚ the major customer is small and medium sized decorating company. Because of its fast service‚ the company had been operating normally. Stanley Walsh is the manager of inner-city Paint Corporation. Furthermore
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Statement of the Problem What strategic step can Stanley Walsh make to improve the situation and reputation of Inner-City Paint Corporation? Objectives To analyze Inner-City Paint Corporation’s current situation. To determine the company’s strengths‚ weaknesses‚ opportunities and threats. To make an industry analysis on Inner-City Paint Corporation. To make a financial analysis of the Corporation. To recommend alternatives that will determine the best solution to the given problem. Alternatives 1
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Summary: Inner-City Paint Corporation is a small company that had steady growth. However‚ the slow down of the housing market in addition to an overall slow down in the economy caused financial difficulties for the company. Although the company has a few strengths and has a reputation for fast delivery‚ Mr. Walsh is overlooking a lot of opportunities that could solve his financial problems. He is also very reluctant to change his policies‚ procedures‚ management and financial structure which
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1. Introduction Inner City Paint Corporation is a small company specialized in the manufacturing of wall paint. It is established in the “downtown” business area of Chicago. The company has steadily grown from a two-person business to a company which employs thirty-eight employees. At the first year of the business‚ the sales represented $60‚000. Now‚ five years later‚ the profit is up to $1‚800‚000. Inner City Paint Corporation supplies small- to medium-sized decorating companies. The company
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Small/Medium Entrepreneurial Ventures Inner-City Paint Corporation Donald F. Kuratko and Norman]. Gierlasinski (Revised) HISTORY Stanley Walsh began Inner-City Paint Corporation in a run-down warehouse‚ which he rented‚ on the fringe of Chicago ’s" downtown"business area. The company is still 10cated at its original site. Inner-City is a small company that manufactures wall paint. It does not compete with giants such as Glidden and DuPont. There are small paint manufacturers in Chicago that supply
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BU-5720 Case study analysis- Inner City Paint This analysis is based on the case Inner City Paint. Stanley Walsh founded Inner-City Paint Corporation in a small warehouse on the south side of Chicago. Sales have grown from approximately $60‚000 to $1‚784‚080 with a profit of $17‚610. Inner-City Paint Corporation employs 35 workers‚ of whom 25 are part-time employees. Mr. Walsh is the President and the company’s only salesperson. His mother‚ Mrs. Walsh‚ is the office manager. His salary is $132
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District of columbia | Strategic Audit Plan/ Case Analysis | Case 28 - Inner-City Paint Corporation | | [Type the author name] | 3/21/2013 | Business Policy TR 5:30pm – 6:50pm Spring 2013 | I. Current Situation A. Current Performance 1. Poor financials 2. High account receivables 3. Very disorganized system of business 4. Lack of Customer Confidence B. Strategic Posture 1. Mission: To produce a paint that was less expensive and of higher quality than what has been used
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1a. Strengths: Cheap Rent / Low Overhead Costs Due to Inner-City Paint’s location‚ as well as the condition of their manufacturing facility‚ the rent is significantly low. This assists the business with a low-cost strategy and gives a competitive advantage since they can focus their expenses on other aspects of the business. Cheap Employee Wages Being a nonunion organization‚ ICP can set lower wages for its employees. This strategy can help the business keep wage expenses at a minimum
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financial straits B. Review of Mission and Objectives Inner-City Paint Corporation’s current mission and objectives aren’t appropriate in light of the key strategic factors and problems. The mission and objectives are to general and can be expanded. With the companies strengths and opportunities‚ they should be able to overcome the threats and weaknesses. The company could expand the mission and objectives to supplying a quality paint at a competitive price to Chicago or even the county. The
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1 Inner-City Paint Corporation Analysis of Case 24 proposed by Laurène ‚ Claire‚ Sanae‚ Victor‚ Daniel and Alberto 2 What are the opportunities and threats facing Inner-City Paint? Opportunities • Larger orders • More varieties in sold gallons Threats • Compete with giants • Lost confidence of customers • Slowdown in overall the economy 3 What are the strengths and weaknesses of Inner-City Paint? Strength • Fast service • Quality • Lower prices Weaknesses • Without
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