Entrepreneurship Development (CFO)

Entrepreneurship
Development (CFO)

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................2
Customer Value Proposition Canvas...........................................................................................2
Lean Business Model Canvas......................................................................................................4
Role of CFO.................................................................................................................................6
Financial and Financing Plan.......................................................................................................8
Summary......................................................................................................................................9
REFERENCES..............................................................................................................................10
Appendix 1.................................................................................................................................11
Appendix 2.................................................................................................................................11

INTRODUCTION
Business plan includes different elements and aspects that are needed for successfully or
effective carry out practices of the plan. The process of entrepreneurship is related to creating
something new in order to meet with the demand and requirement of customers. Entrepreneur are
the daring individual just as they generally come in market with something creative that can be
thought, however or item (Figueroa-Domecq and et.al., 2020). Thought process behind this is to
pick up long haul maintainability, creating high income and causing client to fulfil. This is an
exceptional capacity that encourages a person to build up a business opportunity for some
neglected need. Business visionary can be clarified by surrendering illustration of beginning
another business. This report is bases on business idea of developing or providing PCR testing
machine. This testing machine is significant for helping people in resolving issues of travelling
due to COVID 19. Through this business idea travellers are able to test as well as travel in
different places. This report consist of business ides as well as includes different models related.
It consist of Value proposition model as well as lean business model canvas. In this report
financial requirements and information has been analysed in order to take correct decision.
In respect to business idea of giving PCR testing administrations by putting the PCR
machine in less expensive letting territory and creating test assortment focuses, gives occasions
to such business to determine this issue and make individuals ready to get their COVID-19
testing. benefit is just basic thing to make endurance of business conceivable on the lookout. No
organization can stay serious until it isn't creating benefits. Benefits isn't just important only for
the endurance of the organization, yet in addition with the end goal of development and
extension of the undertaking later on. organization will stay at make back the initial investment
point, so that there is no benefit and no misfortune circumstance. This will assist the organization
with taking on tasks easily and furthermore won't go under fronts of misfortunes. Sales revenues
will be high because of the explanation that there is popularity of minimal effort test units on the
lookout (Sikorska-Wolak, Zawadka and Krzyżanowska, 2020). Organization ought to receive
the procedure of ease creation so that organization actually benefit the circumstance of make
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back the initial investment position, where there is no benefits and no misfortune for the
organization. Profit of present business idea of ease test packs of COVID-19, net revenue will
stay 10%. The objective of the project is developed by considering the view point of Chief
Financial officer (CFO). The Chief Financial officer is significant maintaining and recording
financial data in more significant and successful manner. It is important that Chief Financial
Officer is successfully and effectively conducting practices in order to earn appropriate amount
of profits along with this using resources in correct manner. Chief financial officer is significant
for developing plan which provides guidance and direction to all employees for using financial
resources in significant manner. The major role of Chief financial officer is to maintain financial
resources in correct manner, optimum utilization of resources, developing strategies and
motivating employees.
MAIN BODY
Customer Value Proposition Canvas
This can be describe as the tool which is significant for ensuring the all products and
services is correctly positioned which is as per the need and requirement of customers. This
model was planned by Alexander Osterwalder. The primary motivation behind this scholar to
build up this model was to guarantee that offering is very much fit on the lookout and industry
(Terán-Yépez and et.al., 2020). Moreover, this model is definite furthermore, client incentive
canvas is point by point connection in two pieces of Osterwalder's more extensive Business
Model canvas: client sections and offer. It is a strategy or technique that gives help to the
administration of the organization to build up a general comprehension of what is really the need
and needs of clients. Through this apparatus, it tends to be guaranteed that organization is
serving in agreement of distinguished necessities and needs of clients. In basic term it is
determined that Value proposition Canvas can use when there is necessity of refining existing
items and administrations offering just as contributions of something new created without any
preparation.
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Value Proposition
 Products and services – This includes the product or services that is offered to customer
in order to create gain as well as relieve pain (Islam and et.al., 2020). This is significant
for underpinning the creation of value for customers as well as help in successfully value
proposition as per the requirements of customers. The major products of respective
company individual testing, group and business testing, holiday pack with result delivery.
 Gain creators – This includes different aspects that determine how products or services
create customer gain as well as how it provide more value or add value to customer. This
product is significant for isolation travel. Through PCR machine traveller can test and fly.
This is helpful for saving time of traveller is help in travel easily in COVID 19 situation.
 Pain relievers – This consist of how products and services of company alleviates
customer pains. Pain reliever helps in determining different aspects that is related to
alleviation of customer pain (Canestrino and et.al., 2020). This consist of less time loss,
pre planned expenses as well as health. All of these are crucial aspects that helps in
providing more value to customers.
Customer profile
 Gains – This consist of different benefits that customer expects and needs for the
products offering of company. Gain includes different element that would delight
customers and other things which lead to increase the chances of adopting value
proposition. The gains of PCR machine products include no cancelled holiday of
customers as well as no business delays in business meeting or tour.
 Pains – This includes all negative experiences, emotions as well as risk which is faced by
customers doing the process of getting job done. Pains in customer profile consist of
worry free travel for business and families.
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