This document discusses the concepts of entrepreneurship and small business management, focusing on the impact of data and statistics on the UK economy. It also explores the difference between independent ventures and social enterprises.
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Entrepreneurship and Small Business Management
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Introduction The main aim of this project is to investigate small business of the cloth retail shopforthemarketingintelligenceand entrepreneurs.Theconceptofthe entrepreneurshipistogiveanideafor investigators and to focus on the development of their own business and the investor to involve in that business activity. Retailing is thesocioeconomicsystem,whichbrings peopletogether,toexchangegoodsand servicesforasmallconsideration.When matches to the needs of people the ultimate consumer, with those of manufactures and agriculturists,whichnotonlysatisfythe essential daily necessities of the life styles of the business intelligence. The retailer is a person or agent or agency or company or organizationwhosendstheproductsor servicestotheultimateconsumerand embracestheproductwiththeservice provided, to the customers who need it, the customerandthefulfilmentofcustomer desires and needs which are the key points of retailing and which is the retailing focus. The main aim of this project is to focus on the investigator for starting a new business and to discuss the business idea to the entrepreneurs on whom the business intelligence system will be investigated. P1: Investigating the typology of entrepreneurial ventures The social enterprise of the business analysis they can used for the testing and learning of the business model in the UK retail stores. The Nick Wilson,DavidStokes,BillBolton,John Thompson and Shumpter book to understand and very interesting of realisation they can many socialenterprisefoundindifficultofthe business model, the many starting up of the small business sector to initially planning the business structures and find the understand on business process model on the public sectors. Business model canvas of the social enterprises they can believe, and like many others, that social enterprises in not for profit organizations of the business canvas. As am working in the business model consultancy, it will realized the some special things of the business model of the social enterprise of the simple adaptations. it will sharing the my learning of the public sectors of the social enterprise system of the business model the lot of unemployed available in this world and the people to thinks the start a small business on the public sector. That will shared theeachbusinesssectormodeltherewere numberofrequestformetoprovidesome writtenmaterialofthebusinessprocess management.
Whatissocialenterpriseinpublic sector? The social enterprise of the business model they are different ways to achieving the goals? Sometimesitcanbedirectlysupportedby peoplewhosufferfromexemptionand disadvantages, to train and work (for example, asocialcompanycafe,peoplewhoare homeless and unemployed); They can provide services or products to meet a social need or to socialimpact(Forexampleacommunity supports for the clothing retail shop may offer new and local product, while supporting small and local business) They can generate income for a charity or social purpose (for example, a shop and a revenuegenerator to support a larger charitable organization to provide other social programs). What is business plan? Business Plan a comprehensive, long document describes the business's objectives in detail, how they are accomplished, and what evidence exists for working methods to achieve those goals. Our plans, vision, goals, strategies, our financial speculations and forecasts and our marketingstrategiesarerevealed.Business plans have a business strategy. However, there areresearchthatisincreasinglystableand complex in business plans to help them survive in complex and consistent changing situations ofincreasinglypracticalandcommercial activities. They may be helpful in setting up directions or accessing some more formats and investment,buttheycannotdesignortest business intentions or prevent new ones from changing the environment Different between the business plan and business model ? Thepurposeofabusinessmodelisto understand the shareholders, how a business creates, builds it, captures and recognizes the value. In the case of a community company, it will eventually create both the financial and
thesocialvalueofthecompanyandthe relationship between the two types of values in the organization between the two types of companies.Thebusinessmodelcanbe expressed on one side, and its meaning is howacompanydoesbusiness,howthe business revenue, the customer's value, the customer and the customers who will come back to us. It helps us understand how and how our business understands, and it helps us to design and innovate our business. Small business entrepreneurship? The uk stores of the small business of the Entrepreneurial idea has been used for the individual and who starts the business with the limited resources and coming up with, taking into account all the risk, and rewards ofhisorherbusiness venture(McAdam,2013).TheEntrepreneurial of the business encourages to motivate and newinnovationideatostartthesmall business and understand the each stages of the business process such as marketing profit andlost,andgrowthofthebusiness environmentinsteadofontheexisting business model. The Entrepreneurial venture has to discuss this to small business on the retailshop.Startingthisbusinessto investment and growing the lot of benefit on the cloth retails shop business management. The small business of the retail process has been used to consumer goods or service and startingthesmallbusinesstoaccessing directly on the customers and end users of the non-profitorganizationandthesmall business of the social enterprise. Some retails which can denote the selling of the product to the customer demand such that it is termed on non-retail activity. Scale entrepreneurship UKstoresmarket-levelentrepreneurswill becomethemostpromising,lucrative, marketable, and innovative market criteria for the search of liberalization and reuse business model.It'sbigbutbignow.Itdoessoby entering the big market, leaving positions or developing a new market quickly. Large company entrepreneurship TheUKstoresretailshopTotalclothing manufacturers may want to start a small or large clothing business. If you can easily store the sale as you can easily buy large amounts of stock at a low price your customers can sell a marked price. If you are not available to stock up for any period of time, you should consider the shipping vesselthatdoesnotrequirestorage.After purchasing clothes from the manufacturer, the
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buyers simply do not need to simply order the sale of customers. An item buyer will place the manufacturerorsupplierwiththem.They arrangefortheproductprovidedinan acceptable timeframe for the customer of the largecompany.Thelargecompany entrepreneurship that are include the Bad Rhino. Pvt Company. Social entrepreneurship Social organizations often begin to UK sotes retail shop on the people on the creation and making the small business is very difference. Often it is not a real 'business' to capture their imagination, but it will have an impact on the social or environmental problems they face. Understanding the social model of the business enterprise they can following the two stages like, Ithelpsustounderstand,design, express,anddebateaboutourretails shop products; Ourimpactandourbusinesscanbe tested to see what kind of emotionally we believe in 'layers' in reality of the smallbusinessonthenon-profit organization The retail shop of the social enterprise that can managers and stakeholders to help on the start- up business number of social enterprise of the non-profit organization. I appreciate the value of aclearbusinessmodelworkingwithsocial enterprises. If more social organizations learn to use and develop their business model, many of their challenges can easily be identified in their evolution, and we believe that we will have more opportunities to create solutions to these challenges. It is sad to see if social enterprises are closing or failing - because not only the businessthat we lose in this case, but also its potential or genuine social impact. What is the special social enterprise? The way to represent this in a business model canvas effects of the social company. See
howtheyinteractwithbothsidesinthe canvas and how they handle them, and the storyofsocialbusinesscanseewhatis involved in both business and impact. There is no doubt in any case whether commercial or commercial in a community agency - No business or business can be confronted with any opportunity in a social enterprise - the key part of the business model is to have a coherentandprudentrelationshipbetween business and impact Value proposition The social value we want to create within our social business is an important step in shaping a socialenterprise.However,acommunity companycannotbealonebycreatinga community value! Make a 'business' as 'business value' - products or services you want to sell on the market. Therefore, a social company often has two value proposals that are include the (The social value that you want to offer, makes it attractive for the customers) and the business ratingissue(whichofferstheseattractive productsforyouproductsandservices).It createsnon-profitsocialorganizationforits community.Functionalexpenses for business are fully aware of the business income they generate, but the social impact of maintaining the business can provide the highest revenue to grant subsidies to subsidies Customer segment
A social entity involves some more issues than traditional trading businesses, because socialimpactsarenotnecessarilycost- neutral, and sometimes our customers do not understand exactly what they have purchased (ie, at their purchase of the service/product results in the impact). Of course in some casescustomersdonotneedtoknowor understandtheimpact(especiallythe product / service automatically speaks). But it is important to have an impact on other social organizationsthatcanensurethatimpact costs can be driven by revenue from business. Use the link and the business to understand customer segment and products / services and impact of the cloth retail store on the small business model. Question to ask the customer of the public sector enterprise? Whoareyourpotential competitors? How many specific benefits for your product or idea can you list? What is the size of market that will buy your product or service? Tostartingthesmallbusiness whatproblemtofacingthe economic market? How can investors in your idea make a profit?
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P2: Difference between selected entrepreneurial ventures Theinvestigatingthesimilarityofthe entrepreneur’s ventures has been elaborating and compare the two process levels that are includes the independent new ventures and corporatenewventures.Themanagerto identifiedthemanpowerofthehuman factors, and characterises, personality, trains, and mainly focused on the motivation and improve the small business and gain the great profit of the performance. The process of the clothingretailshoptheycanfollowsthe starting company structure of the business process (Wilson et al., 2013). In this research of the main concept that can used for the emphases on the enterprise main phase of the ideation,developmentandexecution.The proposed of future of the research question is, What is simarility in the different between independententrepreneurshipand Intrapreneurship,managersocial enterpriseventureandofthepublic sector? New business organization, or the expansion of an existing business, by an individual, a teamofindividuals,oranestablished business”. The research questionnaire of the independent new business they can process everyoneEntrepreneursneedtoask themselvesforthemselvesRelationshipto support and sustain their own company. This too outside factors such as external studies, such as government surveys and access, came from the study initially, financing has played an important role. The manager to developing the corporate new venture of the cloth retail shop By analysing various instances of large business firms that contribute to the contribution and innovation andpositivechange.Itisimportantto emphasizethatthoseentrepreneursinthe worlddiffersubstantiallyfromsocialand educational background. Every day a founder mustcarryforwardManyTasks:Market Research, Partners and Investors Negotiation, TargetObjectivesandBudget,managing staff,brainfeverandcreativityofthe business development.
Similaritydifferencebetweenthe entrepreneur intrapreneur manager of the small business on UK store retail shop? What are the different outcomes of engaging in entrepreneurship? • Innovation or innovation • Product or service. • Creating resources Finance, People, Physical and Information Resource. • Creating a new product or service. • Ready to face uncertainty • Create a job opportunity P3: Impact of data and statistics on the UK economy small business process The data and statics of the clothing retail servicewhichisusedforthesmalland mediumsizeenterprise,meansforany businesswithfewerthan250employees. There were 5.4 million SMEs in the UK in 2016, which was over 99% of all business. The macro statistics business is denoted as a
Business of 0-9 employees working with the organization. There were 5.3 million micro- businesses in the UK in 2016, which specifies as 96% of all business. Ana laying each step of process on the clothing retail store which forms the vast majority of the business in the UK and which employs fewer than 10 people, this sort of business only accounts for 32% of employmentand19%ofturnover.Total employment in SMEs was 15.7 million with a growthof60%forallprivatesector employmentintheUK.Afterthatthe assuming the growing of the small business in 2019, The combined annual turnover of the SMEs was $1.8 trillion, 47% of all private sector turn over in the UK for the clothing retail storeonsmallbusinessmarketing environment.Startingofasmallbusiness idea for a clothing website is shown below, Venture entrepreneurial ship of the business growth is, Start-up for the Cloth retail store idea for a business environment, the clothing retail store oftheEntrepreneurshipcompaniesis important for every industry and company. As Britain's recession is slowing down, there is scope for growing in this sector. The analysing of the data and statistics in 2016, for the shared enterprise of the private sector in UK,
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Impact of Macro and small business techniques In medium businesses, which is about 250 people being appointed in a business against themaximumof9peopleforthemicro business-which results in limited employment opportunity. But the fact is that the number of businesses is increasing which results in more opportunity for the south. Small businesses revenue has a great impact over the economy ofUKwhereasthemediumenterprise businessdoesnothavethatmuchof significantinfluence.About99%ofthe clothing retail store of the total business is comprised of small and medium business. There is a a huge competition among the industry in UK economy Clothing retail store small business start-up growth of the social economy Local workers work. Small businesses have contributed to local economies with the developmentandinnovationofthe communityestablishedbybusiness enterprises.Smallbusinessesstimulate economicgrowthbyprovidinglarge-scale companies jobs for unemployed people.They providevarioustypesofproductsand/or servicesforbusinesstypesandregional people located in the area. Regional business varies from local business, national business to international business. Employment Turnover Growth Industry Service Contribution
Comparing small business on regional basis, Self-employment rate, The SMEs play an important role in theeconomicdevelopmentofthefabric retailer, which provides evidence for most new jobs. 95% fabric retailer are 60-70% SME’s, which represent an important part of the competing process and structural change. This small group will survive for more than five years in a small start-up, and form a smalldivision,groupinnovationand efficiency.Thesegarmentsunderscorethe need of the government to reform policies andreformsthathavebeenwiththe establishmentandexpansionofenterprise development and expansion through a view to improvingtheroleofthebusiness environment. Conclustion The goal for analysing the business process is to investigate the small cloth retails shop business by marketing intelligence and entrepreneurshasbeencompleted.The retailer is a person or agent or agency or companyororganizationwhosendsthe productsorservicestotheconsumer ultimately and embraces the product with the service provided to the customers who needs it. Thus, the customer and the fulfilment of customer desires and needs which are the key points of retailing are kept in focus. The main aim of this project was to focus and motivate the investigator to start new business and to discuss the business idea to the entrepreneurs on the business intelligence system and this has been completed. The impact of analyzing
the small business cloth retail store with a growth of 95% of which fabric retailer 60- 70% is SME’s. This represents an important part of the competing process and structural change and that also has been completed Reference EntrepreneurshipinFamilyFirms, Business Families, and Family Business Groups.(2015).JournalOfSmall BusinessManagement,53(4),1290- 1290. doi: 10.1111/jsbm.12218 McAdam,M.(2013).Female Entrepreneurship. Hoboken: Taylor and Francis. Queiroz,J.,&Oliveira,B.(2014). Benefits of the Marketing Information SystemintheClothingRetail Business.JournalOfInformation SystemsAndTechnology Management,11(1). doi: 10.4301/s1807- 17752014000100009 Schaper,M.(2016).Making ecopreneurs. London: Routledge. Turner,T.,&Gianiodis,P.(2017). EntrepreneurshipUnleashed: UnderstandingEntrepreneurial EducationoutsideoftheBusiness School.JournalOfSmallBusiness Management,56(1),131-149.doi: 10.1111/jsbm.12365 Wilson, N. (2015).Entrepreneurship & smallbusinessmanagementinthe hospitalityindustry.[Placeof publication not identified]: TAYLOR & FRANCIS Wilson, N., Stokes,, D., Bolton, B. and and Shumpter, J. (2013).Entrepreneurship and small business management. Dubuque, Iowa: Kendall/Hunt Pub. .