Small Business Enterprises in Slovenia
Added on 2020-06-05
13 Pages4005 Words382 Views
FinanceDesign and Creativity
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SMALL BUSINESSENTERPRISES
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................41.1 Portfolio of small business ..............................................................................................41.2 Comparative measures of performance............................................................................4TASK 2............................................................................................................................................52.1 Appropriate actions to overcome weaknesses of organisation.........................................52.2 Different ways to improve existing performance.............................................................62.3 New areas in which business expanded............................................................................7TASK 3............................................................................................................................................83.1 Assessment of business objectives and plans...................................................................83.2 Revised business plans for appropriate changes..............................................................83.3 Action plan to implement the changes.............................................................................9TASK 4............................................................................................................................................94.1 Impact of changes on business.........................................................................................94.2 Manage changes in business...........................................................................................104.3 Monitor improvements in the performance....................................................................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................11
INTRODUCTIONSmall-sized business can start in low cost with good idea (Bridge and O'Neill, 2012).Small business enterprises is organised form of any person, group or any company whose mainmotive is to earn money. They have great deal in term of revenue, in terms of size, regulatoryauthorization and revenue from country to country and within country. Austin FraserEstablished in 2007, which is a leading international recruitment consultancy which specialisingin the IT Sectors, life sciences and Engineering (Gill and Biger, 2012). Company runsignificantly by improving their business performance over the year by supporting theiremployers, suppliers and customers. It is consultancy with transparency and openness towards itsemployers, customers, suppliers and stakeholders. They regular try to deliver its products and
services according to customers needs and wants. Company offer high level of training to theiremployers to improve their production cost.TASK 11.1 Portfolio of small business Austin Fraser formed in 2007 ,its headquarter is in Reading England. Around 51 to 200employees working there (Storey, 2016). It is an award winning company as internationalrecruitment consultancy. It operates their business in several countries like reading, Germany andAustin, UK, ,Colorado and Tex and Denver. Austin Fraser is specialist consultants globally inTechnology, Life science, Digital, Aviation and IT. They help in bridging the gap betweencompanies top talent and existing projects. They believe in creating vast network of talent whichhelp to know individual work and according to people's ability company suit them for rightposition in right time (Burns, 2010). Strengths:The biggest strength of company is that they mainly focus on their customers,suppliers, market, stakeholders and employers who play important role in success oforganisation. Company have passionate and creativity people team who help organisation to gaintrust of customers by supplying good products and services according to their needs and wants.Company have mission is to create good careers and good environment in organisation so no oneneeds to leave the company. They continuous provide training to their employers according totheir need of improvement so that they can give their best in company to maintain stability andgrowth in the market place (Blackburn, Hart and Wainwright, 2013). Company create goodrelationship with every one whether its customers or suppliers of company to build up their trustover companies products and service because long lasting relationship based on trust andbelieves of people for excellent result.Weaknesses:All company have some weaknesses and strengths in their organisation.Austin Fraser use their weaknesses as strongest element of success which help to find out theirmistakes and faults of employers and manager. Austin Fraser have less resources of finance todeal with their operational activity and they have high turn over every year (Stokes, Wilson andWilson, 2010).
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