Entrepreneurial Development

Entrepreneurial development is a process to improve the knowledge and skills of entrepreneurs through training programs. Desklib offers study material and solved assignments on entrepreneurial development.

Entrepreneurial
Development

INTRODUCTION
 Entrepreneurship development is an effective process to improve the
knowledge and skills of entrepreneurs by organizing several training and
development programs. The main purpose behind the entrepreneurship
development is to enhance the number of entrepreneurs. Entrepreneurial
development has five level such as self-employed mindset, managerial
perspective, leader's attitude, entrepreneurial investor and true entrepreneur.
 Airport capsule hotel is the first chain in the United Kingdom. This hotel has
major aim, is yo provide accommodation facilities for passengers. It is a
comfortable and safe place for the passengers to take rest, if their flight are
delayed or if there are waiting for flight.

Airport capsule hotel

Customer value proposition model
A customer value proposition is a marketing statement or
business that define why customer (airport passengers)
should use a services. Its major aim is to target specific
customers rather than group of partners, suppliers or
employees. Customer value proposition also a promise that
will given by the vendor or owner to the customer about
sufficient services and quality of product according to the
payment or amount.

Business Model canvas
'Lean' Business model is very useful tool for any business.
The business model will define the exact structure of the
whole business. It also describe the various factors or
elements that are connected worth the business and business
functions. The lean business model canvas focuses on issues,
solutions, competitive advantages and key metrics. It is
indirectly as a business plan. It replaced lengthy business
plan by business model canvas.

C level specialist contribution in
entrepreneurship
In the business of the Airport capsule hotel, various specialist plays a vital role .
They are most important part to establishment of entrepreneurship. It is the
sensible, most effective and comfortable way to conduct the activities in the
beginning.
They helps in sales, operations, marketing, generate revenue and continuously
growth of the business. In every critical conditions, business requires to
develop a senior team to manage all the complex area in the business.

Financial and financial plan
Finance is a best of money management. Financial plan is a great evaluation of
the organisation's current and future financial position. In the financial plan,
finance manager focus on various factors such as predict future income,
withdrawal plans and assets values.
It is a comprehensive statement for a company's long term goals about the
investing and saving strategies. The financial planner plays a vital role in
the financial plan.

Summary about the invest/ finance lien
entrepreneurial opportunity
Finance/ invest develops a huge opportunities for entrepreneurial. It provides the
business stability and build a strong financial structure of the business.
Finance or invest provides a opportunities to expand their business globally.
It offers a short term and long term financial security to the entrepreneur. The
money generated by the investment will offers financial income and
security. The business prefer investment policies to increase awareness
regrading saving and grow their business year after year.

REFERENCES
Hayter, C.S., 2016. Constraining entrepreneurial development: A
knowledge-based view of social networks among academic
entrepreneurs. Research Policy. 45(2). pp.475-490.
Zhou, W., 2018. Property rights, deregulation, and entrepreneurial
development in a transition economy.Management and
Organization Review. 14(1). pp.73-103.
Secundo, G., Del Vecchio, P., Schiuma, G. and Passiante, G., 2017.
Activating entrepreneurial learning processes for transforming
university students’ idea into entrepreneurial practices.
International Journal of Entrepreneurial Behavior & Research.
23(3). pp.465-485.