Assignment Entrepreneurship Management

   

Added on  2019-12-04

13 Pages1816 Words283 Views
Entrepreneur Management
Assignment Entrepreneurship Management_1
TABLE OF CONTENTS1. Executive summary...................................................................................................................12. Details of the products and services............................................................................................13. The market and key competitors..................................................................................................24. The marketing plan......................................................................................................................35. The Organizational plan..............................................................................................................36. Operational plan...........................................................................................................................47. financial plan...............................................................................................................................58. The business plan contents..........................................................................................................9references.......................................................................................................................................11
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TABLE OF FIGURESFigure 1: Organizational Structure..................................................................................................4Figure 2: BEP chart.........................................................................................................................9LIST OF TABLESTable 1: Start-up cost.......................................................................................................................5Table 2: Cash flow statement for Party planner..............................................................................7Table 3: Breakeven analysis............................................................................................................9
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1. EXECUTIVE SUMMARYIn the present scenario, individual are making significant amount of expenditure fororganizing the events that depicts their richness. Along with this, corporate level clients are alsohiring the event planner for organizing the conference and banqueting services for corporatelevel clients. Thus, the main aim of event planning organization is to give leisure services as wellas pleasure to their customers and clients. For the business plan selected organization is PartyPlanner that is setting up new business in the event industry by targeting both local and corporatelevel customers. It has also detailed the products/services that will be offered by the PartyPlanner in London. Moreover, it has also provided an insight knowledge regarding the markettrends existing in the event industry as well as brief analysis of their competitors existing in themarket that deliver homogeneous services to the clients. 2. DETAILS OF THE PRODUCTS AND SERVICESIn order to conduct the present report the business plan for party organizer company thatis Party Planner has been developed. The Party Planner basically deals in providing differentproducts and services to their customers that are as follows-1.Venue inspection: The foremost service that is provided by the party planner is relatedwith venue inspection. This service include inspection of venue and attends variouslogistics meetings so that they can set up the event according to schedule budget andspecification of clients. 2.Vendors on on-site coordination: Another products and service that is offered by PartyPlanner is related with vendor management that will coordinate with the servicesprovided by decorators, photographers as well as florists on they can easily manage andcoordinate the on-site of event (What Services Does an Event Planner Offer. 2016).Furthermore, planners will also provide service regarding ensuring the location chosenfor the event must be maintained cleaned. 3.Preparing cards: Another service that is offered by the Party Planner is related withpreparing cards on the behalf of clients and customers so that they may reduce burdenfrom them. Therefore, they would prepare the same if they receive order from thecustomers. 1| P a g e
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