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Boston Chicken Speech

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Essay's paper info

Topic:	Business
Number of pages / Number of words:	12 / 3298

Essay's paper body

This was to ensure that store development occurred at a maintainable pace and that standards for store locations were adhered to.

Underlying risks

At the end of 1991, the company operated 34 stores compared to 534 stores by the end of 1994. The annual growth rate was almost 500% per year and a new store was opened every two days on average...

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During this time period, revenues increased from $5.2 million to $96.2 million and net income was $16.2 million in 1994 compared to a net loss of $2.6 million in 1991.

It appears that the rapid rate of expansion was a success factor for Boston Chicken. However, costs associated with the expansion increased...

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General points of the essay

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