04 May WHAT DO YOU THINK ANDY AND HIS WIFES PLANS MIGHT BE FOR THEIR BUSINESS GOING FORWARD?
We do everything so you dont have to!
Our prices are very competitive with other party services and venues.
We have a party at your home – that alleviates any concerns about the chaos and safety
hazards posed by larger venues with many strangers.
We have great experience with kids party services and also larger event planning.
We love our jobs and will ensure a fun party for your children and their friends!
Andy and his wife launched their business in 2004 by leasing a small space in a local retail
center where they could offer daytime classes, host themed birthday parties for parents that
didnt want them in their home, and as a base for operations. They hired high school students
to run the parties and provided them with extensive training. Over the past several years the
business has flourished with over 1,000 parties a year with average revenues of $400 per party.
QUESTIONS:
1. Using at least two references explain why an individual would choose to leave a good
career to start a small business with no prior experience, no existing model to follow
and without significant capital?
2. List at least three reasons why Andys Parties achieved success so quickly and has been
able to sustain it over the past 8 years when statistically most small businesses fail
within the first few years?
3. What do you think Andy and his wifes plans might be for their business going
forward?
Provide a synopsis (400-600 words) of your findings related to “Why arent we all working for
Learning Organisations?” by John Seddon and Brendan ODonovan in Reserved Readings,
based on the book “The Fifth Discipline – The Art and Practice of the Learning Organization”
by Peter Senge.
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