The SWOT analysis identifies the Greenwich Company's strengths as its loyal customer base, proven recipes, experience managing cash flow, and winning awards for best pizza. Weaknesses include high employee turnover, dated décor, slow order times, and poor marketing. Opportunities exist in expanding markets, new products, and a second location. Threats include new competing restaurants and changing food trends.
The SWOT analysis identifies the Greenwich Company's strengths as its loyal customer base, proven recipes, experience managing cash flow, and winning awards for best pizza. Weaknesses include high employee turnover, dated décor, slow order times, and poor marketing. Opportunities exist in expanding markets, new products, and a second location. Threats include new competing restaurants and changing food trends.
The SWOT analysis identifies the Greenwich Company's strengths as its loyal customer base, proven recipes, experience managing cash flow, and winning awards for best pizza. Weaknesses include high employee turnover, dated décor, slow order times, and poor marketing. Opportunities exist in expanding markets, new products, and a second location. Threats include new competing restaurants and changing food trends.
Proven recipes Experience managing cash flow for the business Unique product vs. chain/franchise pizza operations Winner of “best pizza in town” award, 3 years running Price is not a factor in earning business-people willingly pay a premium for this unique pizza.
Weaknesses
High employee turnover
Dining room décor is dated Single oven slows down order time during busy hours Limited funding for business improvements Poor at marketing and creating exciting promotions Menu items that aren’t pizza have generally been unsuccessful
Opportunities
New interest from local media
Expanded market due to closing of cross-town pizza shop Dessert pizza to increases order size New industrial park nearby is adding new businesses and a large amount of employees who need lunch and food for meetings Interest in opening a second location in a neighboring town is strong Possibility to expand bar and add televisions to capture the sports crowd
Threats
New pizza shop is opening 2 miles away
Local farm closing which supplies the fresh tomatoes for homemade sauce Trends around healthy eating, organic ingredients and gluten free options New shopping center opening that is expected to have two new restaurants Anyone can get into the pizza/ restaurant business with few barriers