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Entrepreneurship Course

   

Added on  2023-01-11

11 Pages1898 Words26 Views
Running Head: Entrepreneurship Course
Entrepreneurship
Course
New Venture Creation
SystemJP
[Pick the date]

Entrepreneurship Course 1
Contents
Introduction......................................................................................................................................1
Explanation of Cash Flow Statement..............................................................................................2
References........................................................................................................................................5

Entrepreneurship Course 2
Introduction
The purpose of this report is to enlighten the reader about the information about the company
Essential. The paper highlights information about the financial, operating as well as marketing
activities of the company. The company is working efficiently in the target market and the paper
highlights validation activities of the company along with core business model. The business
model explain successful operations of the company, it also identify various sources of revenue
and detail about the customer base, financing and supply chain decisions of the company. The
company targets niche customers present in the community to provide subscription-based service
for hygiene products in the environment. The company provided essential goods in the
environment. Further, looking at the financial projections of the company, it should be noted that
the investors should further go on investing in the company raise its capital. The customers at
Essential are showing progressive increase that is subsequently increasing the profitability of the
company. Further, increasing profits is a sign that states that the company can eventually provide
optimum results to the investors as well. Increasing revenue in the business is one of the most
attractive feature due to which the investors should invest in the functions of the company.

Entrepreneurship Course 3
Further, each team member should attain a differential job role and should work on them in order
to maintain adequate flow of work along with responsibility.
CFO: he is a person who works with the primary responsibility to manage the financial manners
of the company. The CFO of the Essentials Inc. will initiate financial planning, management and
calculate the financial risks for the company. The CFO is responsible for the financial soundness
of the company as he is the person who makes all the financial decisions for the company.
CEO: A CEO is the highest ranked executive present in the company who implement all the
crucial corporate decisions of the company. The main role of a CEO is to initiate communication
between the board and corporate operations and take overall decisions for the effective
management of the company. The CEO is the senior corporate executive who works to increase
the market share, revenue, share price etc. elements of the company.
Research and Development Head: The research and development head is a person who research
for the available opportunities present in the market and procure them in the business functions
of the company. The head of this department appropriately help the CEO, CFO and other head to
attain crucial information from the external environment.

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