EasyCab Business Analysis Report

This assignment requires students to analyze the business model of EasyCab, a UK-based online taxi service. The report should examine EasyCab's services, target market, competitive landscape, and financial performance. Particular attention should be paid to the company's impact on the small business sector in the UK, considering both the challenges and opportunities it presents.

Entrepreneur ship and small
business management ( EasyCab)

Table of Contents
INTRODUCTION...........................................................................................................................1
PART 1............................................................................................................................................1
P.1 Various types of businessperson ventures and inform how they associate to the typology. 1
P.2 Function, characteristics and accusative of various types of investment.........................2
P.3 Impinging of small and small concern on the economic system......................................4
P.4 Value of small business concern and growing of the social economical.........................5
P.5 Successful businessperson................................................................................................6
P.6 Feature of the entrepreneurial attribute and its impact on psychological feature and
mindset...................................................................................................................................7
P.7 Analyse, using relevant representation, how a person’s background and experiences can
prevent or songwriter entrepreneurship..................................................................................8
CONCLUSION................................................................................................................................9
REFERENCES ...............................................................................................................................9

INTRODUCTION
Businessperson is someone who focus on innovation is business environment. This report
is based on entrepreneurial venture to improve the level of organisation. This report is based on
EASYCAB organisation. The organization in essence placed in United Kingdom and supply the
various kind of services in E habbling online taxi. Further, it covered entrepreneurial motivation
and mind set is help to improve the overall development in organisation.
PART 1
P.1 Various types of businessperson ventures and inform how they associate to the typology
Entrepreneurship :- Entrepreneurship is the cognitive process of scheming, propulsion
and moving a new concern, which is often at first a small business concern. The susceptibility
and willingness to develop, organise and manage a business investment along with any of its
risks in order to kind a profit. The most obvious representative of entrepreneurship is the starting
of new business organization.
Entrepreneurial Ventures: Businessperson is a start of a business an single person and
running of a business with planning and one off resources, and the responsible to all the risk to
business. An person is one who form, manages, operates of a concern. An person willing to
assume all the risk of a business enterprise.
Enterpriser each of us is different and unique. Entrepreneurs play a key role in a economy. Easy
cabs provides a simple and efficient transport service. Easy-cabs is a small business owners tend
to deal with know risk. If the hoped in a small business growth to be limited but the profitability
is continued. Types of Entrepreneurial Ventures: There are probably as many different types of
entrepreneur. In the requirements and the needs of the market in which the operate. The four
types of entrepreneurship.
 Small Business Entrepreneurship- EASYCAB is small business still make up a huge
chuck of entrepreneurship and start-up. EASYCAB provides a small and efficient
transport service. EASYCAB simplicity to remote areas and with its modern welfare
facilites. Small business start-up of the business to be small and the employers are not
large. The business to provide a jobs and generate payroll taxes. EASYCAB is small
business start-up and the cabs to provide and can book a drop location and pay a bills.
 Scalable Start-up Entrepreneurship- Scalable start-up entrepreneurship of a business
taking an innovative idea and a scalable business will turn it into a high growth,
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profitable company. A scalable business can more profitability without the additional
cost. If focused to start-up business an existing market to create a new market. If example
of scalable entrepreneurship like Facebook, Twitter and Instagram.
 Large Company Entrepreneurship- Entrepreneurship in large and established companies
is vital for their long term success. Large companies to working a not single person if the
working to employer in a community. It requirements to large companies its pressure to
create a new products to customers in a new markets.
 Social Entrepreneurship- Social entrepreneurs is important role to create social
responsibility. Social entrepreneurs is aim to improved environment and product to
produced herbal the needs of its customers. If the focused on healthy environment so the
business stating Non-profit organization and the aim of strong social mission. A social
entrepreneur start a business goals and methods overcome social problems. Social
entrepreneurs are creating unique services to achieve social objectives and the focus to
creating products and services to social needs and problems.
Difference between entrepreneur and intrapraure
The primary difference between an entrepreneur and intraperneur is that the former refers
to a person who starts his own business concern with a new idea or concept, the latter represents
an employee who promotes invention inside the limits of the structure.
Entrepreneurship is a important role for economic development. EASYCAB create these
business are called entrepreneurs. It is create to make a profit any risk and manage the
organization and willingness to develop the business. EASYCAB mission to provide taxi
services, always got timely services and safe reliable services. EASYCAB provide transport by
taxi and services provide car with driver any number of place us to provide comfortable and
reliable. Its available to any occasion, airport, parties, events and more. Entrepreneurial ventures
is focused on new business startup to providing advisory service with deal into early and mid-
stage venture. Typologies under the nature of close relationship between a type and its subject, or
between a type and its object. Typologies can also be useful in different approaches is needed to
better understand and useful in identifying the business process management. Typologies
developed in business and useful of strategic, organization and the style of decision making.
Entrepreneurial typologies are related basically to human behaviour. This also helps improve
performance.
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P.2 Function, characteristics and accusative of various types of investment
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Basic Small Business
Entrepreneurship
Scalable Startup
Entrepreneurship
Large Company
Entrepreneurship
Social
Entrepreneurship
Role An impotant role in
the economy
development of a
country and job
creation.(Blackburn
and et.al, 2013)
Since the main aim
of these ventures is
to generate profit
and revenue, the
role they acquire is
also competitive in
nature.
An start up
innovative idea and
create a new market.
The role of advisor
and making imortant
decission.
An the
development of
new ideas, large
scale opportunites.
An the important
role of social
responsibility and
the facing of social
challenges for the
environment.
Characterstics A small business
with owns
management,
limited investment,
more flexibile to
adopt new chnages.
A characterstics of
scalable statup is
focus and vision to
belive in. (Blackburn
and et.al, 2013)
Hard work and
dedicated to the
work, flexibility,
strong money
management.
If entrepreneue
focus on social
problems, and
social aims.
Passion of work
and determination.
Objectives Small business
objectives
important to plan
financially,
changing
management and
good customer
service.
A objectives a
flexible work and
convenient work
shedule and taking a
innovation idea.
Setting goals and
marketing to
opportunites.
A social
enterpreneurs
focused on a social
and environment
problems.
Employees Low number of Low number of High number of High number of
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employees employees employees employees
Ownership Owner and own
boss of the small
business
Co-founders,
investors
Shareholders,
Directors,
Investors
Owner, Profit
Sharing
Scope Founded and
operated as a small-
scale, within
minimal finance.
When it comes to
small business or
the macro-
entrepreneurship,
the maximal
number of
employees would
range 5-10
Macro
entrepreneurship is
largely managed and
lead by business
founders and owners
of large businesses.
Large scope of
large company
Small, medium
and large scale of
social
entrepreneue
P.3 Impinging of small and small concern on the economic system
Small business play a important role in the economy it creating a job, sending product,
and generating a innovation or giving wealth for thousands of peoples. Small business man are
expert in their work and do not move in many new idea and they never grow large. Small
business industry include this acquisition ongoing business (Bridge, 2018). Small business
industry that employee less than 500 employee manufacturing and 200 whole sale trade . The
federal government giving a particular definition for all the small business or small industry.
Small business are critically to UK is very economic growth because they contribute only 65%
of new jobs so without small business economic are not growth. Small business do well it rarely
to need more grow many company take decisions to access stock market . They undertake the
hard process to issue an initial public offering. But These stock only available for large type of
investor so it is risk process because they cannot easily investing or sells the stock market during
an initial opening of time.
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Small business is also contributes local economic by brining a growth of the economy
and innovation in people in which the business established. Small business great impact
economic growth it is providing employment opportunities to help those people who may not
doing job by a large corporation. Most people start the small business like easy cab this is one of
the part of small business in UK economic it is very famous and trendy. When measuring its
economic contributions is more impressive its turnover (Goffee , and Scase , 2015). It is best
idea to start this business in local economic national and international economic. Easy cab
providing services is very quick and fast ,it is also providing employment an number of people.
Although the majority of UK economic cab business in small scale and for instance people run
this business independently. So one of the major ways the easy cab business contribute to local
UK economic is by inducing growth.
Small business are huge part of the country it is a great and easy to see the impact of the
economic (Eid and El-Gohary, 2013). The small business changing the climate of the economic
and provide a high level and customer placement. Small business have vital role on national
economic there are national grants support growth through capital investment and job creations.
Most of national and local grant specific business activities and their purpose to providing a job
opportunities for the people. Small business is very beneficial for the economic people the
government also help offer to support through tax reliefs. Research and development tax credit
and capital allowances to reduces the tax liabilities. UK government support to reduce the tax
liabilities easy cab business. It also provide all informations which is related to the government
services or nationally locally ,publicly giving small business support. Small and medium size
business impact on internationally 95% of easy cab and 60% and 70% employment and
generating a this jobs in the economic. It is new technology and internationally reducing the
unemployment and giving his opportunities to the customer satisfactions.
P.4 Value of small business concern and growing of the social economical
Small business is very important for every economic growth and it is start with one idea
and it is play a vital role success of the business. Small business help to developing personal
relationship with customer, employees and suppliers with a small business person to person
interactions is as essential to build a strong relationship. Small business is more flexible rather
than large scale business it can also reach a fast decision on whether or not it can do easily
required. Small business is not more challenging and easily solving the problems related to the
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business . Today most UK businesses are small but It is the important sources of employment
nearly 90 % people are employee less then 6, just 2.5 million UK people are self employed.
Small business provide a job opportunities and economic growth in geographical area. Small
business are work local area which give a strong preferences for hiring local area people.
Small businesses start up in any time as an entrepreneur local businesses help to provide
local area jobs. Small businesses have different budget and different operations method it focus
on all different aspects of their businesses. Small business help to increase productivity of the
businesses and its revenue is lower than the large companies that run la large scale business. its
revenue depending on business type the maximum revenue allowance for the small business is
set 21.5 millions per year for employment enterprise (Blackburn and et.al, 2013). Small
businesses smaller group that companies work on large scale the smallest businesses are run by
individual and small group. Small businesses' growth of the social economy UK is
entrepreneurial country and becoming a more successful. Small business is also contributing a
more social economic growth .
Small business are huge part of the country it is a great and easy to see the impact of the
economic. The small business changing the climate of the economic and provide a high level od
customer placement. Small businesses help full for society development it provide many benefits
to the people like jobs, increasing a living standard of the people,and getting the idea how to start
up new businesses (Burns, 2016). There are a various types of benefits social economic impact
like reason ranging from reducing cost and risk creating and capturing new chance. Small
businesses obtaining a licence to operate means it is clearly measuring a social economic impact
can help industries stakeholder activities it is very beneficial for social and their economic in
which they operate. It is also helpful for fulfilling the commitment of the stakeholder demand.
Social economic is very powerful economic it helps to develop the right mix, incentives ,public
services and needed to minimise small business contributions. It also helpful for product and
services innovation measuring a social economic impact can help company better understand
need, resources, and incentives their customer it is also helpful developing a new product and
services, improving exiting offers.
P.5 Successful businessperson
Successful Entrepreneur: Entrepreneur of right attitude to a business and determine to
achieve success. There is always focused to the work. An entrepreneur should be manage the
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business, develops a business and set of a big goal (Blackburn and et.al, 2013). An entrepreneur
assumes the risk for its success. An entrepreneur successful passion of a work, willingness to
improvise and listen to other and success of strong determinations. The also need to being a
creativity.
Characteristics of Successful Entrepreneur:
 Successful entrepreneur is most important is the Passion. They are willingness to make a
business success. Is one of the success of predictors your passion.
 Highly self-motivated to create own rules for life. To achieve a business goals a positive
attitude to can motivated. To make a personal dreams self-motivated its come true.
 Hard work is the key of success (Pott and Pott , 2012 ) . To focus of their project it takes
hard work to reach a success.
 A successful enterpreneur quality of strong leadership. A team of a people in motivated
and communication skills and confidence thought the team.
 As an enterpreneur as much focus they need to turn business into a success.
Example of success enterpreneur: Mark Zuckerberg, the founder of Facebook is the one of the
world's most successful enterpreneur. Bill Gates is most famous enterpreneur is the chairman and
CEO of Microsoft corporation and is the richest man in the world. Steve Jobs most successful
enterpreneur, Co-founder and CEO of Apple Computers. Entrepreneur are Born or made as
many of these type questions. Entrepreneurs are not born. The most of the people agreed that an
enterpreneur was more made that born. Who believe that enterpreneur are born example of
enterpreneur like Richard Branson started a youth culture magazine at the age of 16.
Entrepreneurs are made not born the example of entrepreneurial leaders such as Bill Gates of
Microsoft and Mark Zuckerberg of Facebook the left college to form hugely successful.
P.6 Feature of the entrepreneurial attribute and its impact on psychological feature and mindset.
Successful entrepreneurial are look like good personality they are always motivated
people, extroversion, sensing, thinking, judging. Personality word refer to the person means
different persona different personality it is related to different combinations of a people. The
strength of the entrepreneurial personality is that well liked and bold means never afraid to
speak. Some entrepreneur is very bold they are full in confident and an popular opinion.
Entrepreneur always speak positive thought and participially work (Drucker , 2014) . They are
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interested only in what is and what can realistically and high level of creativity and willingness
to listen other idea s which are use full in their businesses and share their opinion. They are very
attentive and able to understand even small changes in work, knowledge of other, quality. They
do not waste time with joke or small talk , they are open minded and big idea. Entrepreneurial
reflect their perceptions like some personality trait and cognitive bases they spent less time and
over confidences and taking a high risk business.
The growth , development of the businesses is totally depend on successful entrepreneur.
Entrepreneur always focus on industrial growth, regional growth, expand their businesses and
productivity. Entrepreneur help to increasing the wealth of organisation and economic
development and help to ensure that optimum utilisation of resources. They are continuously
searching new ideas and techniques regarding the businesses growths. Entrepreneurship is very
important for developing managerial capability an entrepreneur help to identifying the problems
and help to expanding the businesses and compare alternatives cost and find out the alternative
best solutions (Pott and Pott , 2012 ) . The impact on motivation entrepreneur personality
improving a living standard entrepreneurship help to motivated increasing their life style variety
of goods and services available to the society which show a high standard of living for the
people like luxury car, computer, smart phones these are thing to rising a living standard of the
people.
Entrepreneur personality factors becoming a more motivated and influences the people
and people mind set. They are initiative do work before ask and identifying the best opportunities
and utilisation of proper resources . They are learning from mistakes and take experience of
other. They collect the information, prepare a next coming plan and improving their
performance. They take right decision for long run businesses and conceives new ideas and
implement them.
P.7 Analyse, using relevant representation, how a person’s background and experiences can
prevent or songwriter entrepreneurship
An businessperson is concentration on the celebrity, because it considered as a crucial
element of among all the entrepreneur. Personality is most essential for achieve success in
upcoming growth. It activity for economical process in set up. In this manner, personality is help
to promote people about there activity and achievement in organisation. It is aid to achieve
growth in formulation or assistance to accomplish on in structure (Åslund, A. and Bäckström, I.,
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2015). Personality of single being defined on the bases on there existence kind of. In this context
of use following are the contrasting kind of cause are as follows :-
 Opennesses :- In this ingredient small medium undertaking is to be concentration on
different civilisation and experience among the individual (Mehtap and et.al 2017). It is
help to develop unprovability in governance. Businessperson is a somebody is focus on
contrary factor in structure. It assists to evolve individual development in arrangement.
 Combining :- It this component is to be maintain the discipline in work place. It is main
aim to achieve target in organisation with efficacious way.
 Extraversion :- In extroversion inculcated is focus to create positive emotion, so it helps
to achieve end and clinical in organisation (Åslund, and Bäckström, 2015). It inculcated
the energy is assist to maintain the growth rate in arrangement.
 Adjustment :- It inst ill the tendency to counterbalance or corporative. It assistance to
keep the growth rate in arrangement.
CONCLUSION
Form the above written document is supported on EASYCAB organisation. The company
fundamentally situated in United Kingdom and supply the contrary benignant of services in E
habbling online taxi. In this report is to be focus on Small businesses have different budget and
different operations' method. it concentration on all different aspects of their businesses. As per
the above report Easy cab providing services is very quick and fast,it is also providing state an
number of people. Although the majority of UK economic cab business in small scale and for
instance people run this business independently.
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REFERENCES
Books and journals
Bridge. S, and O'Neill, K., 2012. Understanding enterprise: Entrepreneurship and small
business. Palgrave Macmillan.
Goffee. R. and Scase, R., 2015. The Real World of the Small Business Owner (Routledge
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Eid. R. and El-Gohary, H., 2013. The impact of E-marketing use on small business enterprises'
marketing success. The Service Industries Journal, 33(1), pp.31-50.
Blackburn. R.A., Hart, M. and Wainwright, T., 2013. Small business performance: business,
strategy and owner-manager characteristics. Journal of small business and enterprise
development, 20(1), pp.8-27.
Burns. P., 2016. Entrepreneurship and small business. Palgrave Macmillan Limited.
Davidsson and et.al 2015. Entrepreneurial opportunities and the entrepreneurship nexus:
A re-conceptualization. Journal of Business Venturing. 30(5). pp.674-695.
Choi and et.al 2014. Social entrepreneurship as an essentially contested concept:
Opening a new avenue for systematic future research. Journal of Business Venturing. 29(3).
pp.363-376.
Link and et.al 2015. The Chicago handbook of university technology transfer and
academic entrepreneurship. University of Chicago Press.
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Damaraju and et.al 2015. Bankruptcy Laws and Entrepreneurship: The Moderating
Effects of Culture and Environmental Munificence.
Piperopoulos and et.al 2015. Burst bubbles or build steam? Entrepreneurship education,
entrepreneurial self‐efficacy, and entrepreneurial intentions. Journal of Small Business
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Naudé and 2013. Entrepreneurship and economic development: Theory, evidence and
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