Case Study - Dereks Shawarma
DEREK’S SHAWARMA
Prepared for: PROFFESOR KOPPEL
Prepared by: XXXXXXXXXXXXX
Date: WEDNESDAY, MARCH 2ND, 2011
ADM 1300
IN PARTIAL FULFILLMENT OF THE REQUIRMENTS OF ADM 1300
Executive Summary
To: Derek
From: XXXX
Subject: Derek’s Shawarma
Date: Wednesday, March 2nd, 2011
Primary Problem:
Derek and his newfound business partner, Sal, obtain the funds to establish their own business but are unsure of which form of ownership to adopt.
Alternatives:
• Status Quo
• Limited Partnership
• General Partnership
• Sole-Propreitorship
• Franchise
Facts Considered:
1) Derek studied at the University of Ottawa and received a degree specializing in management.
2) Derek would like to pursue the opening of his newfound business, Derek’s Shawarma.
3) Derek wants to leave his career as a middle manager in a firm to begin to operate Derek’s Shawarma.
4) Derek does not like the feel of the corporate atmosphere, even promotions could not keep him motivated.
5) Sal, a retired physician and Derek’s friend, is also willing to start a start a small business.
6) Sal and Derek have decided to combine Derek’s knowledge of business with Sal’s investment to form Derek’s Shawarma.
7) Derek and Sal are unaware of the structure of ownership they should adopt.
Recommendation:
Assumptions
• Derek wants to leave his current position in the corporate world to become his own boss.
• Since the case states that Derek attended the University of Ottawa’s Telfer School of Management he possess the needed skills to effectively run a shawarma business.
• Sal obtains the funds to start up this business because he is a retired physician.
• He will use the funds from his pension plan to supply Derek and himself with the needed funds to start their small business
• Sal and Derek together have the needed skills, from past experiences to successfully operate such shawarma business.
• The case states that Derek is a long-time Ottawa resident, thus to
Prepared for: PROFFESOR KOPPEL
Prepared by: XXXXXXXXXXXXX
Date: WEDNESDAY, MARCH 2ND, 2011
ADM 1300
IN PARTIAL FULFILLMENT OF THE REQUIRMENTS OF ADM 1300
Executive Summary
To: Derek
From: XXXX
Subject: Derek’s Shawarma
Date: Wednesday, March 2nd, 2011
Primary Problem:
Derek and his newfound business partner, Sal, obtain the funds to establish their own business but are unsure of which form of ownership to adopt.
Alternatives:
• Status Quo
• Limited Partnership
• General Partnership
• Sole-Propreitorship
• Franchise
Facts Considered:
1) Derek studied at the University of Ottawa and received a degree specializing in management.
2) Derek would like to pursue the opening of his newfound business, Derek’s Shawarma.
3) Derek wants to leave his career as a middle manager in a firm to begin to operate Derek’s Shawarma.
4) Derek does not like the feel of the corporate atmosphere, even promotions could not keep him motivated.
5) Sal, a retired physician and Derek’s friend, is also willing to start a start a small business.
6) Sal and Derek have decided to combine Derek’s knowledge of business with Sal’s investment to form Derek’s Shawarma.
7) Derek and Sal are unaware of the structure of ownership they should adopt.
Recommendation:
Assumptions
• Derek wants to leave his current position in the corporate world to become his own boss.
• Since the case states that Derek attended the University of Ottawa’s Telfer School of Management he possess the needed skills to effectively run a shawarma business.
• Sal obtains the funds to start up this business because he is a retired physician.
• He will use the funds from his pension plan to supply Derek and himself with the needed funds to start their small business
• Sal and Derek together have the needed skills, from past experiences to successfully operate such shawarma business.
• The case states that Derek is a long-time Ottawa resident, thus to
Bibliography: Bartol, K M; Martin, D C; Tein, M H and Matthews, G W (2001), pages 380-385. (16 Nov. 2010). Carpenter, Jeffery Electronic Press, 2006 . Daniels, Aubrey C. “Bringing Out the Best In People.” New and Updated Ed. New York: McGraw-Hill, 2000 (16 Nov. 2010). Publishing, 2008.