Virtual Organization: Kudler Fine Foods

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Virtual Organization: Kudler Fine Foods FIN/370 Kudler Fine Foods is an exquisite food company who sells a huge selection of the freshest ingredients as well as any necessary equipment used to make a gourmet meal. Kudler has three locations, and they serve the metropolitan area of San Diego. Each location provides services that range from a European style Bakery to a large selection of wine. It is a business currently held privately. However, they are anticipating and wanting to grow and expand their operation, as their desire is to become wealthy far beyond what they can imagine or dream. This paper will highlight some possibilities of the expansion of Kudler Fine Foods which is the best way for Kudler…show more content…
By understanding a few things about the Kudler Fine Foods’ it will help determine the best method of expansion. CEO of Kudler Fine Foods, Kathy Kudler welcomes company growth. Kathy Kudler’s original vision was to create a one stop gourmet food store. Kudler Fine Foods’ is a gourmet grocery store both respected and well-known for providing specialty foods for its clients’. Presently, Kudler Fine Foods’ has three 8,000 square feet stores in the California metropolitan area. These locations include Del Mar, Encinitas, and La Jolla. These stores provide a selection of fine products that are appealing to customers such as fresh produce, meats, and seafood. The stores likewise offer condiments, packaged foods as well as bakery and pastry products. As fore stated the decision-making process begins with an organization knowing its choices. One choice for a business to expand is an IPO. Initial Public Offering IPO is an acronym for Initial Public Offering, which is the first sale of stock by a private company offered to the public. IPO’s are generally chosen to build a company’s capital. An Initial Public Offering (IPO) is also an approach to use if an organization wants to increase its exposure and credibility. Going IPO is often the only choice an organization has for financial expansion and growth. Once a company chooses this method it…show more content…
These options are going public through an IPO (or initial public offering), acquiring another company in the same industry, or merging with another company. In order to determine this strategy this group must examine where Kudler Fine Foods stands on its own and which will benefit them the most. With the desire to expand, choosing to go IPO is desirable as it would raise capital to allow KFF to grow. This capital could be used for development, working capital, or to pay off debts. It would also increase the awareness of the company beyond the three locations which could exponentially expand the demand for the products and services of KFF, leading to online sales and more brick and mortar locations. But would this diminish the quality that the small company offers? There is an appeal to the locally supported stores. KFF wants to maintain that familiarity with any expansion and going public could strip any authenticity from the
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