The William Penn: The End of the Line?

Abstract

This case involves the issues within an organization of growth, expansion, change, and a possible shift of focus from hobby to profit. The case also deals with important factors, which could potentially impact any company's operation. The owners are seeking to address two key issues. The first is a valuation issue prompted by one of the shareholders wishing to sell her interest in the railcar LLC. The second issue is one of expansion. A potential investment ($60,000-$135,000) would permit the company to lease the railcar to other operators who could run the railcar on Amtrak certified tracks nationwide but would remove the shareholders from the day to day operations of the train. The critical decision is whether the owners should invest more money in the business or maintain their current business model and operational structure.

Citation

Carson, C.M., Mosley, D.C., Bishop, J.S. and Smith, D.L. (2011), "The William Penn: The End of the Line?", , Vol. 7 No. 2, pp. 149-162. https://doi.org/10.1108/TCJ-07-2011-B005