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Entrepreneurship Development: Lean Start Up, Business Objectives, Value Creation, Canvas Business Model, Development Plan

   

Added on  2023-06-06

13 Pages3830 Words493 Views
QAB020X613A
Entrepreneurship
Development

TABLE OF CONTENT
1) Introduction to lean start up ....................................................................................................3
2. Business objectives..................................................................................................................3
3. Value creation: Customer Value Proposition Canvas..............................................................4
4) canvas business model ............................................................................................................6
5) Development’s plan.....................................................................................................................7
Marketing plan:............................................................................................................................7
Operational plan: .........................................................................................................................8
Technology plan: ........................................................................................................................9
Human resources plan:.................................................................................................................9
Financial plan:............................................................................................................................10
6) Suggesting future developments, competitive moves with the changes in the consumers
requirements...............................................................................................................................11
7. CONCLUSION..........................................................................................................................11
REFERENCES..............................................................................................................................13

1) Introduction to lean start up
Enterprise and entrepreneurship business proposition of the clear window cleaning firm
in the London UK. This report provide detail about creating the idea and introducing the
enterprise of the glass window cleaning as the in the UK by investing the sum of money for
providing wide range of services to the Community members in the UK. This report will also
describes the business objectives, creating the values, providing the lean business model,
developing the detailed plan. Also evaluating the suggestions for the future developments and
lastly providing summary for the investments and starting the business with funding’s. The main
fact of introduction and starting this enterprise as by focusing on cleaning for both the residential
and the Commercial property with providing the services by cleaning the highly profiles
structures. With starting this business it enable to attain growth and high rates of profits around
$75000 to $105000 per year. This idea creative in nature due to rise in high structure properties
and the flats being established in the highly competitive market which enables the individuals to
raise the awareness of creating the industries structures and the commercial properties. The
characteristics of establishing this enterprise as it mainly helps in using these products which
limits the harm on the environment and which are safe in nature (Konhäusne and et.al., 2021).
With providing wide range of services in the dynamic market by saving the time for being
sustainable in nature with going and using eco friendly products while cleaning the glass
windows of the Commercial and highly structuring property. The approach of introducing this
enterprise in the market mainly helps in attracting wide range of consumers as by using door to
door approach with providing best quality.
2. Business objectives
Business objective are very specific in nature as this helps the company to know and
measure about the results of the company and maintain its growth. The company has to increase
its profits by 20% at the end of year. This will help the company to grow in the market and have
better market share (Kazancoglu and Ozturkoglu, 2018). The cited organization must also have
increase in sales revenue that supports them in order to survive in the market. The objectives of
the business is as stated below:
1. The profits of the company needed to be increased by 20% at the end of this year.

2. The sales of firm must be increased by 10% at the end of coming quarter.
3. The profit margin of the company must be increased by 15% in this year.
4. Profit margin in further two years must be increased by 5% in both years.
From the above objectives it can be stated that the company is having the good vision that
helps them to gain good profits in the market. By examining the things it can be said that in order
to launch the new product the company requires financial resources, possible consumers and the
risk this helps them to achieve the business objectives (Dror, 2020). The products that are
required to be brought up in the market must be of good and best quality. This helps the
company to make the target customers in the new market. It also contains the business tools and
techniques in order to start the business.
3. Value creation: Customer Value Proposition Canvas
The value proposition canvas model is the visual tool that helps the company to position
their products and services to satisfy the customer needs. The aim of this model is to know and
identify about the new things that the business can provide in the market. The company can offer
the new products in the market in order to enhance competition (Belleflamme and Neysen,
2021). The value proposition canvas model is basically made up of two components that is

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