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Inner City

In: Business and Management

Submitted By Ihsanshamal
Words 736
Pages 3
C A S E 28
Inner-City Paint

Inner-City Paint Corporation is a small company; it is located on the fringe of Chicago. Inner-City’s contain chief product is flat white wall paint sold in 5-gallon plastic cans. It also produces colors on request in 55-gallon containers. Sales have grown from approximately $60,000 to $1,784,080 with a profit of $17,610. Inner-City Paint Corporation employs 35 workers, of whom 25 are part-time employees.
Inner city paints experience many strong deep issues include the strategic management to financial control. The company pays their payment quickly while it gives sales in terms of 30 or 60 days which fluctuate the financial situation. The company gets inability to pay the bills and important to keep the production smooth which leads the customer to think before bargaining and losing their confidence. The paint contractors prefer to go to big corporation to do their order because they are not sure will they get their order on time. This view is spreading among his customers. Walsh realizes that he and the company need assistance. He is considering hiring a consultant for a day and purchasing a computer. He also intends to approach a bank for a loan.
• Top management
The President and majority stockholder is Stanley Walsh. He began his career as a house painter and advanced to become a painter for a large decorating company. Walsh painted mostly walls in large commercial buildings and hospitals and manages the company the same way he did when he started the company. He is the director of the company and almost takes care of all the administrative work of the sales work and public relations. He spends approximately one half of every day making such as (sales calls and answering complaints about defective paint.

Mission:
Produce a paint that was less expensive and of higher quality than what was being used.
Objective
Improve...

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