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Entrepreneurship Development

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Added on  2020-10-22

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Entrepreneurship Development INTRODUCTION 3 SECTION 1: INTRODUCTION3 SECTION 2: Opportunity Formation 5 SECTION 3: Opportunity Development7 SECTION 4: CONCLUSION 11 REFERENCES 12 INTRODUCTION Entrepreneurial development is an important concept, which deals with initiating an entrepreneurial idea along with implementing it to enhance the definite venture to earn higher profits. The major aim behind launching this venture is to generate quality experience to the customer on a bakery offering such as pastry, soft drinks, ice cream, puffins and other delicious bread to their customer

Entrepreneurship Development

   Added on 2020-10-22

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Table of ContentsINTRODUCTION...........................................................................................................................3SECTION 1: INTRODUCTION.....................................................................................................3SECTION 2: Opportunity Formation..............................................................................................5SECTION 3: Opportunity Development.........................................................................................7SECTION 4: CONCLUSION........................................................................................................11REFERENCES..............................................................................................................................12
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INTRODUCTIONEntrepreneurial development is an important concept, which deals with initiating anentrepreneurial idea along with implementing it to the definite venture to earn higher profits.This possess an actual skills, talents and traits which are highly based on presentation of an ideaand also delivering it with perfect outcomes or results (Naudé, 2014). In current scenario,entrepreneurial development has been resulted into starting of any new venture to createeffective product and generate profit for longer period of time. This report will be carried onconduction of business idea of bakery and pastry and also transform it to final venture. Inaddition to this, report will show introduction to an entrepreneurial idea & its proposeddevelopment, description of business product, services or organisation process. Also, report willalso cover development of product or services into final product of the business along with clearcut conclusion over defined one. SECTION 1: INTRODUCTIONEntrepreneurial development has been termed as an major process of developing skillsand traits which are needed to start any business in a way to enhance sustainability to operateventure business. These are basically undertaken by entrepreneur is a person, majorly who arewilling to undertake starting of any new business with measure to enhance its suitability forlonger period of time. This person is highly responsible to start business out of the social andeconomic problem or issues. For this, it is necessary to undertake most renowned entrepreneur tounderstand their pattern of idea generation or patterns. In this report, selected business idea is of“Delicio Patisserie”, which is going to be open their business in a sector of bakery, pastry andconfectionery in London, UK (Yaghoubi-Farani, 2012). The major reason behind taking this ideais because of its increase in demand and attraction towards customer on this basis to generatesuitable & respective results. Also, this venture will be open into a location of Model town of London, which is wellknown for its suitable big crown which arrive festive time. This venture idea is of bakery whichwill be focus on offering to the customer's products such as pastry, ice-cream and other differentconfectionery to their customer at a affordable prices. The major aim behind launching thisventure is to generate quality experience to the customer on a bakery offering such as pastry, softdrinks, ice cream, puffins and other delicious bread to their customer at a favourable prices.
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This new venture has been regulated with an intention to generate profit obviously andalso must continue for longer period of time. When taking over in context of services tocustomer, it will be most preferable Delicio bakery will focus on green environment which willled customer to feel positive and engaged with the business. This environment will surely madebusiness entity to develop their higher products with a propensity to get enriched suitable anddesire norms of business regulation (Movahedi, 2017). Proposed development:With an unique of this super business idea, here major focus will be on raising customersatisfaction and also increased suitability for business entity with providing different tasty fooditem such as cakes, pastry, soft drinks and snacks to customer's to enhance higher sales andselling of Delicio product with an effective suitability to be enriched (Mohamed and et. al.,2012). Here, my role is of HR person, whose work is to regulate worker's whether doing properlytheir work or not. The proposed development shows, in this business also major focus will begiven on entertainment, so that customer wouldn't get bored and also they would come inpremises of the Delicio on regular basis to continue eating tasty food product and bakery. This project of this bakery has suitability and long scope to run business for longer periodof time and also major expectancy to launch new more products to sell it to people. Before,opening of idea, major focus has been given to various other bakery business evaluation alongwith taking care. Through this, Delicio has major chance to retain more and more customer atone point of time and also led this firm with suitability to continue this business for longerduration, so as to deliver their customer at a bigger and optimised level. This will be possiblewith support of words of mouth, so that one customer will share his/her experiences to other andthis will create will power to buy bakery products of the Delicio. Also, it was noted that, entrepreneur has decided to focus on customer services as theirmajor priority to retain them for longer stage along with the bringing innovation in their processinnovation to serve or deliver customer with ease of their time along with rising focus onstandard or industry pricing for this bakery products (Biryukov and et. al., 2015). As a HR, myrole is to have overlook on leading this idea of productive level and see how workers are doingunder their defined role or position to grow this venture on a higher stage or platform. Deliciowill follow green culture and environment in their bakery premises so that customer would feellovely while eating cakes, pastry, soft drinks with favour of light and soften music. The major is
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