AWARD WINNER - 2022 Fox International Case Writing Competition
Since its beginning in 2021, Stitchwheel LLC (Stitchwheel), a needlepoint canvas painting service, had seen immediate success. From the company’s inception, the co-founder of Stitchwheel had been assessing the advantages and disadvantages of an expansion strategy and wondered what barriers she might encounter. She was also assessing the viability to expand beyond painted needlepoint canvases to achieve substantial growth. Within a short time frame, the company had enjoyed strong brand recognition and offered a meaningful unique selling proposition, but there were still many questions about the company’s next steps, including which growth strategy would be most suitable. Did the company have the necessary resources and skilled management team to adequately monitor and support growth? What marketing and operational issues was the company likely to encounter with expansion?