Evaluate Partnership as a Business Organization for Little Dessert Shop

BA30591E– Introduction to
Business

Table of Contents
INTRODUCTION...........................................................................................................................1
1. Evaluate a partnership as a type of business organisation with reference to Mary and Sue’s
‘Little Dessert Shop’. .................................................................................................................1
2. Use the Porters 5 Forces framework to analyse ‘Little Dessert Shop’ business and advise on
how Mary and Sue can achieve competitive advantage by managing the relationships with
these forces. ................................................................................................................................2
3. Clearly discuss any three of the macro environmental factors with particular reference to
how they can help improve the business.....................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................6

INTRODUCTION
Business includes different functions and activities that is essential for successfully and
effectively performing organisational task (Gursansky, Kennedy and Harvey, 2020). It is
essential for business to analyse different factors or elements that will lead to have direct impact
on overall growth of business. It is important company to develop effective strategies which is
significant for enhancing business task or gaining edge over other rival companies. This report is
based on Little Dessert shop. This organisation is located in Bullring shopping centre in
Birmingham. This company is providing high quality products and services to customers. This
report will include partnership as business type. This report will includes five force framework to
different business factors. Apart form this, various macro environment factor have been
determined in order to improve business.
MAIN BODY
1. Evaluate a partnership as a type of business organisation with reference to Mary and Sue’s
‘Little Dessert Shop’.
There are different types of business organisation that is significant for determining
business performance and it impact in its activities. The major type of business organisation
includes sole proprietorship, partnership, corporation and limited liability company. In references
to Mary and Sue's 'Little Dessert Shop' partnership is most effective. Partnership can be describe
as the business type with formal arrangement between two or more parties in order to manage or
conduct business operations (Nolden, Barnes and Nicholls, 2020). In this type of business,
partners will share profit and loss as well as take decision collectively in order to increase
business practices. In Little Dessert Shop all partners will share liabilities and profits equally
while conducting or performing business practices. Partnership business type will be beneficial
for respective company as it will assist in sharing working load. There are some drawback
related of partnership that could have negative impact on Mary and Sue’s ‘Little Dessert Shop’.
Advantages and disadvantages of partnership is mention below in detail.
Advantages of business partnership
1