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Entrepreneurship and Business Development

   

Added on  2022-11-28

13 Pages3636 Words331 Views
Entrepreneurship
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Entrepreneurship and business
development
Entrepreneurship and Business Development_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Business Details...........................................................................................................................3
Market/ Industry analysis............................................................................................................4
USP and Competitors Analysis...................................................................................................6
Operational Plan..........................................................................................................................8
Risk and Contingency Plan..........................................................................................................8
Sales and Marketing Strategy......................................................................................................9
Finance and Funding Plan...........................................................................................................9
Team Management....................................................................................................................10
CONCLUSION..............................................................................................................................10
REFRENCES.................................................................................................................................12
Books and Journal......................................................................................................................12
Entrepreneurship and Business Development_2

INTRODUCTION
Entrepreneur is the person who has the capability to develop a new business
venture that includes risk factor. Entrepreneurship is the activity which is performed by the
Entrepreneur who has the aspiration to develop new business venture in order to get success and
make profit so that they can earn profit. See the all activities are the creation of the value.
Business venture is the formation of the new business that is developed with some objectives and
team of developing more profit (Belitsk and Desai, 2016) . A business ventures can be described
as a large venture or can be a small venture. This report going to illustrates about the rules of the
organization in order to develop new business plan which is going to be started by the
entrepreneur. A business plan is the terms which help and describe about the entrepreneurship
knowledge and skill that how appropriate and successful venture was established by them
through identifying several since about the Marketplace and developing sales and formulating
marketing strategies in order to analyze their competitors and manage their practices and
operations. The business plan is this strategy which provides appropriate structure of
Management points through this the organization can manage their venture in order to become
successful.
MAIN BODY
The business venture will going to established is “Wow it's healthy
Business Details
The restaurant will going to launch their venture in Glasgow that will going to provide
vegan food products through which they can promote healthy eating Lifestyle towards their
clients. The restaurant will going to provide huge range of vegan dishes so that they can meet
with the requirement of their customer who are much health conscious . the business venture will
also going to provide online ordering services along with this dining services and also going to
use fusion approach in order to prepare their boats which can help the company to bring watch
information India company and make their services and put more attractive in order to enhance
their productivity and get more success(Холмўминов, 2020). These kinds of factors of put the
organization to meet with the demands of their consumers and satisfy them. Along with this
venture will also going to provide digital payment options which represent that the organization
is utilizing a mentor technology in order to make hassle free payments.
Entrepreneurship and Business Development_3

Location: 3, Glasgow, United Kingdom.
Services: the restaurant will go to offer dine in and online ordering services through which they
can provide several facilities to their consumer and meet their requirements in order to get more
competitive advantages. This restaurant will also going to provide online payment options
through which we can generate cashless transaction that will be become much easier for the
customer in order to make payments.
Products: The good and the dishes which are provided by the restaurant which are mentioned
below in the menu card of the new restaurant.
Wow its healthy
Menu
Avocado Burrito Bowl
Crispy Baked Falafel
Sugar Snap Pea
Spaghetti Squash Burrito Bowl
Market/ Industry analysis
Wow it's healthy have to make sure about the outside environment effectively in order to
start their business corporation so that they can get appropriate assistance in order to develop
their amended power strategy. In order to identify the surroundings effectively the organization
is going to use five forces model through which organization confined five Special Forces which
can help the company to identify the competitive advantages. The five Special Forces which
used in Porter five forces model that is competition, power of supplier’s, power of buyers, threat
of new entrants and threat of recent merchant merchandise. This is the technique which evaluate
Entrepreneurship and Business Development_4

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