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Papa Johon's Financial Statement

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The “PAPA JOHN’S” was founded in 1983 by John Schnatter in Jeffersonville Indiana, at the backyard of his father’s tavern. In order to start up his company he sold his car for $ 1,600. With this money he bought pizza equipment and began selling pizzas firstly to the customers of the family tavern. His pizza became very famous and one year later he moved at his own shop. According to the financial records as for 2015, his company is the third bigger pizza restaurant (take - out and delivery) in the world. The headquarters are still in the same town that he started. “PAPA JOHN’S” has, up to now, 4.700 restaurants all over the world. From these restaurants 3.500 are located in the U.S and 1.200 restaurants are located in 37 different countries. When they opened their restaurant number 4.000 in New York they celebrated by giving for free 4.000 pizza’s to their customers. The purpose of this assignment is to analyze the latest financial statement of “PAPA JOHN’S” pizza. The financial statements referred to the fiscal years 2013 and 2014. We will compare their incomes, costs, expenses and shares in order to identify their positive or negative progress throughout this period. In order this …show more content…

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Papa John’s marketing and production strategies support its competitive strategy effectively by being consistent with requirements and policies in all stores, within the United States and abroad (Papa John’s International, 2017). Papa John’s requires a training program for all employees, and CEO John Schnatter developed his business plan from the concept that people are priority always, Papa. Marketing can be described with the four Ps, being price, promotion, product, and place (Parnell, 2008). One of Schnatter’s first realizations was that franchises delivered, but local, specialty shops did not deliver (Clifford, 2014). Therefore, Papa John’s establishing a marketing plan to make and delivered a quality pizza.

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As an analyzer/prospector, John was already familiar with the pizza making industry from his experiences of working for Rocky’s Pub-Sub during his teenage years (Papa John’s, 2018). Later, as he analyzed the situation at his father’s tavern, he built an intrapreneurship when opened his first pizza shop in the back room. Likewise, as an analyzer, he understood that when you produce pizzas with the best ingredients, people will be willing to pay for that type of value (Parnell, 2008). In other words, John basically used multiple strategies to bring about his

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