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Enterprise and Entrepreneurship

   

Added on  2023-01-05

22 Pages1942 Words59 ViewsType: 59
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Title
Enterprise and Entrepreneurship
Enterprise and Entrepreneurship_1

Table of content
INTRODUCTION
Motivation for choice of business
The process you went through to generate the business idea
Feasibility studies conducted
Details of the product or service to be offered
Potential market opportunities
Attractiveness of the industry
Vision for your business
CONCLUSION
REFERENCES
Enterprise and Entrepreneurship_2

Introduction
Enterprise is a small company or business it includes activities of
managing companies and business also. An individual who develop new
business by taking risk and enjoying rewards is known as entrepreneur. As
it is commonly known as an innovator, source of new ideas business
procedure goods and services. Entrepreneur plays an important role in an
economy by applying skills and initiative necessary to satisfy needs by
proving new ideas to market. Entrepreneur became successful by taking
on the risk of a start up and is rewarded with fame, name and
opportunities.
Enterprise and Entrepreneurship_3

Motivation for choice of
business
As fast food become more and more popular every year. Despite the rising
concern about health in the society, specific sector goes higher and higher in
growth every year. There are certain factors that motivate for selecting food
industry business are market competency, easy customer adaptability, large
customer attractiveness. At present environment audience are interested to
spent huge part of their income on trying different food items to taste. Today
people are become foody so the chance of business growth in the respective
industry is more. The main aim of every business is to earn maximum profit
Enterprise and Entrepreneurship_4

The process you went through to
generate the business idea
Focus on your core product: the core opportunities that are
which was identified according to market trend social
environment as well as comic conditions of the United
Kingdom. The core product which was identified belongs to
hospitality industry any food & beverage sector that is
restaurant.
Keep your pitch simple: In concise and attractive manner we
create our market in this industry.
Enterprise and Entrepreneurship_5

Cont.
Map it: Mapping is to be done by restaurant after doing deep research and survey.
Planning: Time to time planning is require to be done to set the business properly as
it require to plan in effective and efficient manner.
Utilize marketing tools that work best: The best available options are selected by
the organisation to create awareness in market and to promote business. Different
mode of advertising is use like Social media, new paper, and local advertisement on
Televisions etc.
Implement a plan of action: The action that is set to perform is implemented in the
same manner as they are set so that it give positive result.
Enterprise and Entrepreneurship_6

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