Entrepreneurship Development: Value Proposition, Lean Business Canvas, C Level Specialist

Entrepreneurship
Development

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
VALUE PROPOSITION CANVAS...............................................................................................2
Customer Value Proposition Canvas...........................................................................................2
LEAN BUSINESS CANVAS.........................................................................................................4
Business canvas model................................................................................................................4
C LEVEL SPEICALIST..................................................................................................................6
Customer engagement plan and CIO marketing strategy............................................................6
FINANCIAL AND FINANCING PLAN........................................................................................7
Financing plan.............................................................................................................................7
SUMMARY.....................................................................................................................................8
Why should investors invest in venture.......................................................................................8
REFERENCES................................................................................................................................9
APPENDIX....................................................................................................................................10

INTRODUCTION
The online tailoring services provide an idea of tailoring and also provide an assistance to
the people to give their order online and then the firm would send their employees to their home
to take measurements (Lacoste, 2016). This create a monopoly and also provide an innovative
idea to provide a great ease of convenience among the large group of customers. This assure the
giant number of clients by providing good quality of cloth and generate maximum customer
satisfaction. The firm aims to gain positive reputation across the globe and also it would generate
greater profit because there are few customised tailors in UK. Also, its objective is to deliver best
and efficient services that helps in boosting the sales and profit of a company.
The major role of Chief Information Officer is to maintain information related to policies
and procedures that aims to satisfy all the applicable requirements. It is also engaged in
maintaining good relations with the investors and several investment policies so as to maintain
smooth operation of a business. The CIO is responsible for handling various investment
portfolios regarding the tailoring services and also decides that how much amount of funds
would be invested towards business. The CIO also hire an effective staff that have a good
experience and assign the role and responsibilities among the staff so that they could work with
greater efficiency and zeal. This increases the efficiency and productivity of an organisation and
also promote success within an organisation. As online tailoring services provide good quality
products and achieve a significant position across the globe.
From the appendix it has been analysed that in the first year of online tailoring services
the business earns a profit of pound 30,000 and makes total revenue of pound 100,000 which
would make the total profit margin that is equalised to pound 20,000 orders per year. The profit
in second year of online tailoring services could be 95,000 and its revenue is taken as pound
346000 and total profit margin for twelve months is 30000 orders per year. The profit for third
year in respective firm is regarded as pound 120,370 and its revenue is considered as pound
350,000 and total profit margin in case of third year is 54,000 orders per year (Eggert and et.al.,
2018). This report covers value proposition canvas that aims to satisfy the needs of clients in an
effective manner and also it includes lean business canvas and the role of chief marketing officer
in an organisation. this report also covers the overall financial and financial plan of a company. It
also includes the short summary that various investors invest in venture in an effective and
efficient manner.
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VALUE PROPOSITION CANVAS
Customer Value Proposition Canvas
It is described as a process of marketing segment that focuses on specially targeted to the
group of customers (Biloshapka, Osiyevskyy, and Meyer, 2016). In other words, it is
considered as a milestone for providing effective goods and services by satisfying the
requirements of clients. One of the advantages of value proposition canvas is that it helps to
analyse actual requirements of customers and the factors that can help to meet them. Main
purpose of formulating customer value proposition canvas is to analyse the factors that may
create gains for business, the elements that may result in pains for business etc. It consists of
three elements that are presents as follows:
Figure 1 Customer Value proposition
Sources: value proposition, 2019
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