[Get Solution]Coffee Bistro and Bakery

Assignment: I have to complete a presentation, which I plan to do the voice-over myself. Scenario: You are a marketing consultant for a specialty coffee bistro and bakery. The business has been operating for about a year and is still not earning a profit. Your role is to determine the breakeven point and make recommendations on changes to one or more of the 4 P’s: Product, Price, Promotion, and Place. Breakeven Point: The breakeven point (BEP) is the point at which total cost and total revenue are equal. A breakeven analysis calculates the BEP as Breakeven Point = Total Fixed Costs / (Unit Price – Unit Variable Cost) or BEP = F / (P-V) In our example, the BEP = Total Fixed Costs / (Average Order Price – Variable Cost per Order). Using this formula, what is the breakeven point? In other words, how many orders would need to be sold before the business starts making a profit given the current price and cost structure? Here’s the information you need to do the bistro’s BEP analysis: Current Orders per Month 750 Average Order Price $11.00 Variable Cost per Order $5.00 Rent per Month $2,000.00 Utilities per Month $400.00 Labor per Month $3,000.00 Calculate the BEP using the numbers and formulas above. Hint: total fixed costs, in this case, are the sum of rent, utilities, and labor. Recommendations: In order to be profitable, the business will need to either increase revenue or decrease expenses. Make three recommendations on changes to the Product, Price, Promotion, and/or Place that would be likely to increase revenue, decrease expenses, or both. Be creative and have fun with your ideas! Here are some examples of questions you could ask to help with your analysis: What changes could be made to the product to reduce variable costs? What changes could be made to prices to increase revenue, and how would you justify those price changes? Is increasing price the only viable pricing strategy, or could lower prices lead to increased orders beyond the bistro’s BEP? What changes could be made to promotions (e.g., advertising, discounts, sales, loyalty programs) to increase the number of orders per month, remembering that promotions are expenses? After you calculate BEP, make three recommendations and be sure to explain why you believe your recommended changes could achieve the business objectives of reaching profitability by either increasing revenue or decreasing expenses and recalculate the BEP based upon your recommendations to ensure that your recommendations result in profitability. Assignment: Create a three slide VoiceThread presentation with a voice comment (three minutes maximum length) that includes your BEP calculations and three recommendations on changes to the 4 P’s: Slide 1 – Introduction: include your name, instructor’s name, course, and assignment due to date Slide 2 – Breakeven analysis Slide 3 – Three recommendations for changes to the 4 P’s

 

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[Get Solution]Coffee Bistro and Bakery
Get a 15% Discount on this Paper
Order Now

 

 

 

So much stress and so little time? We’ve got you covered. Get your paper proofread, edited or written from scratch within the tight deadline.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Other
Great job
Customer 452813, July 27th, 2023
Human Resources Management (HRM)
Thank you so much.
Customer 452701, August 15th, 2023
Business and administrative studies
Perfect as always!
Customer 452909, April 15th, 2023
Human Resources Management (HRM)
Thanks
Customer 452701, September 15th, 2023
Business and administrative studies
GREAT
Customer 452813, June 20th, 2022
Nursing
Thank you!
Customer 452707, October 16th, 2022
Technology
i would like if they would attach the turnin report with paper
Customer 452901, August 17th, 2023
Other
Excellent
Customer 452813, December 12th, 2024
Nursing
Did not receive paper on time.
Customer 452693, November 9th, 2022
Other
NICE
Customer 452813, June 25th, 2022
Nursing
Thank you for your help.
Customer 452707, July 5th, 2022
Human Resources Management (HRM)
This paper is well -written from what I have read. If there are any instructor concerns, I will advise.
Customer 452701, October 24th, 2023
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Good News ! We now help with PROCTORED EXAM. Chat with a support agent for more information