Enterprise and Entrepreneurship-Task 2

Enterprise and
Entrepreneurship-Task
2

INTRODUCTION
Enterprise is undertaken as the process by which new businesses are developed in terms
of offer new products and services in market area. Moreover, entrepreneurs are those individuals
who start new business and also take risk which is associated with that particular business. It
depicts the significant business plan which is the prominent road map in order to manage and
operate business effectively. For this, management of company need to analyse the overall
business performance and significant goals. Furthermore, the plan is formulated by individual or
entrepreneur which should be up to date and also helps in terms of effective operations and
increase overall performance. The significant report is based on the business idea of freshly
established company named Delicious Food Truck who offer best quality food with wide variety.
Hence, the report covers the summary of business model, competence of entrepreneurial,
objectives, market, competition, product, segmentation, sales and operations and so on that arises
in business activities.
Concept of business model
Competence of entrepreneurial team
SMART Objectives
 The objectives of are defined by entrepreneur as;
 To provide the best quality and variety of foods in breakfast, lunch and dinner.
 To capture the market share by 10% in 2021.
 To attracts the huge number to customers by expanding at number of location.
 To attain the 40% profitability after paying all expenses.
PESTLE factors
Competition
1