Internal Analysis Competitive Strategy Flip Factory competes in the industry by employing a focused differentiation competitive strategy. In the gymnastics club industry, two tiers exist: competitive and recreational. Travis felt that there was an under-served niche in the industry for high-level gymnastics programs aimed at recreational participants. This niche includes former competitive athletes, high preforming athletes who do not have the time to train competitively and beginners who wish to try a broad offering of traditional and non-traditional gymnastics programs. Flip Factory caters to this niche by providing a non-competitive environment that provides fun and challenging fitness for athletes of all skill levels. Resources and Capabilities …show more content…
Flip Factory is highly leveraged as evidenced by a debt ratio of 0.86 in 2013. This means that 86% of the company is financed though debt instruments. While this is ratio is down slightly from the previous year (2012), demonstrating that Flip Factory is slowly paying back its debt, this is still a very high debt ratio. Additionally, flip factory has current ratio that is greater than one (Appendix A) which demonstrates that Flip Factory has no working capital at this time. For these reasons it would be unwise for Travis to go further into debt in order to expand. In addition to poor solvency ratios, Flip Factory also has profitability ratios which have fallen year over year from 2012 to 2013. Despite increased revenue, Flip Factory’s profit margin decreased by almost 3% in 2013 (Appendix B). This is due, in large part, to salaries and wage expenses more than doubling. I can only assume that this increase in salaries can be attributed to the recruitment and hiring of a world class coaching and office staff. If this is the case, then while the profitability ratios have initially fallen, the investment in human resources will pay off in the long term. …show more content…
While Flip Factory continues its operations in this location it should capitalize on its investment in human resources and fully utilise the skills of its coaches. Flip Factory should use these skills and its relationship with the National Circus School to improve their performance gymnastics and circus acts program. Flip Factory has a unique opportunity to fill a demand for circus act programs in Western Canada. I suggest that Flip Factory continues to host the Western Canadian auditions for The National Circus School and use this event as an opportunity to network in the professional performance community. Additionally, I suggest that Flip Factory take out a small loan to add a performance space to the current location. The increased profits from the corporate bookings that will result from this addition will help to pay off the loan and finance further expansion in the long
Past, Present Future: Arizona Gymnastics organizational saga/isomorphism/politics Intro: STRUGGLING When establishing success of a athletic program it takes much more than meets the eye and many hours of hard work and dedication, Arizona Gymnastics is in a state of rebuilding who they are and can complete this task through organizational saga from learning how the program was established in the past, leading into current leadership politics of their organization, and finally using mimetic isomorphism for the future of Arizona GymCats. One name of many comes to mind when one thinks of the history and purpose of Arizona Gymnastics, and that name is Mary Roby.
The company could expand even more to increase their market share. They must keep communications open through their relationships to avoid miscommunication and confusion. References Karniel. A and Reich.
Now it is considered a competitive contact sport that involves all types of gymnastic stunts, pyramids, and partner stunts: such as throwing flyers high in the air and catching them. Coaching has not changed
It is important that a business such as Brompton manage their resources and control their budget so that they can keep track of their financial situation. By having a business that is organized the company can run smoothly with limited problems. Controlling budgets means that business such as Brompton can make sure they do not fall into financial trouble. For Brompton to run efficiently without financial woes it must plan it financial activities in advance. Brompton will have to estimate and predict its financial income taking into account costs, this will be done using data from Brompton previous years.
They stood on elevated blocks, like pedestals, in front of captivated audiences all around the world and waved. So, it was in this way that as a five year old I realized my one true calling: artistic gymnastics. My mother recognized early on that I was a very active child, perhaps a little too active for her liking. For instance, kids at school would shy away from the jungle gym when the sun beat down on the blacktop during yet another unbearable Las Vegas summer; however, nothing could quench my desire to emulate the Olympic gymnasts I had watched effortlessly perform tricky maneuvers.
Ricochets Gymnastics Club is a gymnastics school that is located in Hatboro, Pennsylvania. This gymnastics training center has been serving the community since 1982. Their programs include Girls Programs and Super Kids Programs. Their Girls Programs include beginners - no prerequisite, advanced beginner - must complete beginner level, intermediate - must complete advanced beginner level, advanced - must complete intermediate level, and tumbling and trampoline - no prerequisite.
Study did in the Barclays bank, which has decided to increase wage until the living wage, has shown that an increase of wage reduce the turnover rate. The catering staff retention in the Barclays case, has moved from 54% to 77%, and the retention from cleaning staff from 35% to 92 % (The Economist, 2017). In this case of low turnover, the investment in training to gain in productivity and skills becomes profitable because the labor force remains the same thorough the time. In the same time there is also reduction of cost of recruitment. However, we may considered that in the case of Barclays, the retention cost represents a little part of all the cost of the company.
Overall, the increased debt is justifiable as they are producing a lot more, but it does hinder their liquidity and ability to take on more debt. In 2015 the company had a gross margin at 30.8% which was higher than the industry. This is a good indication that the
The Effects On Circus Animal Abuse Imagine you are in a dark room and you haven’t eaten in days. You have bloody marks on your back from deadly weapons. This is how some animals live their life. Approximately 1.6 billion animals die each year. Circus animal abuse is a problem that people should be aware of because the animals are harmed, the animals are not taken care of, and they have a higher chance of developing health problems.
1. INTRODUCTION Gymnastics it is not only a great source for physical exercise but also a great source for encouraging discipline as well as time-management skills. In addition, it is an important arena where feedback, reinforcement, and motivation are working together to help, both the gymnast and trainer in achieving better performance. For gymnasts, this can be translated into taking pride in accomplishments, feeling competent, enjoying the process while learning new skills.
Deere & company Komatsu Ltd Annual revenue (TTM) (in Mil. USD) 52,812 28,112 15,883 Net income (in Mil. USD) 3,595 2,476 1,109 EPS (TTM) 4.86 6.52 4.23 PE ratio 14.17 11.67 17.1 Revenue growth (%) TTM over FY 2014 -2.6 10.64 -0.85 EBITDA (TTM, in Mil) 7,970 4,500 1,207 PSR 0.84 0.83 0.72 As we can see from the above statistics that Caterpillar had a major setback in the sales(TTM) of construction equipments. One of the reasons might be decreasing market potential for construction equipments .However
Through Year 15 Demigod has made many strategic decisions and changes in order to help all athletes and athletic individuals meet their personal goals. While our company has struggled in past years, Demigod has seen tremendous growth in Year’s 14 and 15. Our executive team has been able to define some weaknesses, correct them, and turn them into strengths while our competitors continue to battle with us for market share in all four geographic regions. Defining our Market Based on our price and S/Q rating, it became clear that Demigod defined its market as a premium, high quality product.
This year, I was the captain of my school gymnastics team, and we got a new coach. Therefore, not only did I construct my routines but I also had to help the rest of my team create routines, since our coach was new, and didn’t fully understand the rules just yet. This may seem like a simple task, but there is a lot of math and numbers involved
1.3 explain how to use resources effectively and efficiently Without effective resources an organisation wouldn’t be able to do the job effectively for example, in my organisation we need to have care assistance to care for every individual which in turn need to be trained to do the job correctly, if we didn’t have a resource in place to cover the training needs we wouldn’t be able to function and care for our service users, this also means we need to have a budget of what we can spend on training, staff are also an important resource as we need to make sure we have enough employees to cover each shifts. There are many ways to use resources efficiently and to minimise and adverse impact on the environment. These include how we organise work activities and the use of resources efficiently understanding their impact on the environment, and finding ways to reduce their negative, and increase their positive impact. For example, by being mindful of waste and extravagance by recycling waste materials, by reusing packaging materials, by using double-sided printing