logo

Entrepreneurial Development: Lean Start-Up, Business Objectives, Value Creation, Value Capture

   

Added on  2023-01-03

17 Pages4157 Words83 Views
Entrepreneurial
development

Table of Contents
Cover page. A photo or diagram of the product/service that conveys its creativity.......3
1. Introduction to the Lean Start-Up. The C level perspective being taken, the Part A
process including feedback. Profit, creativity, lean characteristics................................3
2. Business Objectives. Profit, sales revenue and profit margin objectives for the
first three years of operation..........................................................................................4
3. Value Creation: Customer Value Proposition Canvas (Diagram) Minimum Viable
Product...........................................................................................................................4
Individual student explanation, extensions and details as per the taught syllabus.......4
4. Value Capture: ‘Lean’ Business Model Canvas (Diagram).....................................6
Individual student explanation, extensions and details as decided by the individual
student) of the Business model (means-ends transformation process.........................7
5. Detailed Development Plan (1000 words) with references to Appendix I One of : 8
The COO Operational Plan (For Florentina).................................................................8
6. Critical evaluation of the plan and any possible future developments, competitor
moves, changes in customer needs that need to be accounted.................................10
7. Summary: Why is a profitable, competition beating, value creating ‘lean’,
investable entrepreneurial opportunity? Why should someone invest in and/or provide
loan finance to this Lean Start-Up?.............................................................................10
Appendix......................................................................................................................11

Cover page. A photo or diagram of the product/service that conveys its creativity.
1. Introduction to the Lean Start-Up. The C level perspective being taken, the Part A
process including feedback. Profit, creativity, lean characteristics.
The new business idea presented in this report is a website which collects deal
from major car sellers for recommending the best one for the customer. There is a
simple lifestyle questionnaire which will help in providing the customer best fit car which
will suit his or her personality. The purpose of what's my car.co.uk is that it will offer car
deal recommendations which will be based upon answers from lifestyle questionnaire.
The target market for this are driving license holders and new drivers who want to buy a
new car. This is a concept which is unique and will attract more number of customers
for buying the right kind of car. Online shopping is a common habit nowadays and
people are more prone to words conducting various researches before finally buying the
product. Uniqueness of this is that it will offer available online car questionnaire two
people and these can be filled at any time. There is high profit in this business idea as it
will provide managing of value proposition of customers effectively. This will help in
providing recommendations for customer awareness and managing business through
avoiding time wasting searches. This question here is Developed in accordance with

different factors which will help in evaluating the management of company to know what
are the actual names and requirements of customers. There are various key partners
and activities which are performed in what's my car.co.uk. It is concluded that different
suppliers of car deals include Mercedes Benz, Auto Trader, BMW Group,, Jaguar Ford,
Land Rover, Tesla, etcetera. This questionnaire is helpful for maintaining the
Opportunity for analysing the requirements and needs of customers.
2. Business Objectives. Profit, sales revenue and profit margin objectives for the first
three years of operation
Providing customers an opportunity to analyse needs and requirements before
purchasing the car is a very beneficial idea that will help in achieving success. There is
online shopping which is liked by different individual nowadays. It is very important for
all people to know what is the actual requirement in demand they must be having within
the automobile they are having in order to get the best type of car. Buying off car on
online basis is a very frequent process and people are confused because there are a lot
of options within market. There are a lot of offers available online and customers find it
difficult for choosing the right kind of car without test driving it first. In present scenario,
there's a proper research conducted for knowing what is the exact requirement of
customers. This is a viable business idea as there is a trend of shifting in consumer
behaviour within UK. There is a port unity within business for managing target region
and handling comparable choices. There is competitive advantage which is very limited.
It is a preliminary step and it includes transformation of sustained competitive
advantage for longer run.
3. Value Creation: Customer Value Proposition Canvas (Diagram) Minimum Viable
Product
Individual student explanation, extensions and details as per the taught syllabus
The value proposition canvas has a tool which is helpful for ensuring weather or service
or product is position in a proper manner for achieving needs and values of customers
for stop the value proposition canvas was developed by doctor Alexander osterwalder.
He initiated that it is a framework which will provide the idea for a product to be best fit
within market and customers. It is known as a detailed outlook of relationship between 2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Entrepreneurial Development
|19
|3932
|99

Entrepreneurial Development for Slap A Carb Cafe: Business Objectives, Value Creation, and Lean Business Model Canvas
|14
|3971
|381

Entrepreneurship Development: Lean Start-Up and Business Objectives
|14
|3880
|81

Entrepreneurial Development
|16
|3731
|92

Entrepreneurial Development for Slap A Carb Cafe
|14
|4020
|314

Product/Service Prototype
|8
|754
|23