Entrepreneurship in Business

This presentation discusses entrepreneurship in the context of Molly and Smith Pvt. Ltd., a manufacturing business that offers e-bottles made with bamboo. The aim is to become the leading manufacturer of bamboo bottles in the UK and support the environment. Objectives include increasing sales by 20% annually and raising awareness about the impact of plastic products on the environment and human health. The report also explores entrepreneurial theories and emphasizes the importance of having clear aims and objectives in a business proposal.

Entrepreneurship in
Business

INTRODUCTION
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This presentation is based on the New Venture, named as Molly and Smith Pvt. Ltd., which will
be a manufacturing business organisation that will offer customers with e-bottles made with
bamboo. since the environment is getting polluted due to many reasons like use of plastic and
other harmful materials, has not only impacted on the health of human beings but also affected
environment of this today’s world.
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Aim of the proposal: Without an aim or objectives, a business proposal cannot be developed.
This section can be considered as the root of the whole project where everything gets identified
and planned in a way, that it will offer the best out of it. Smith who is the owner of Molly and
Smith Pvt. Ltd., has kept his aim of building this new venture “To become the leading
manufacturer of bottles made up of bamboo in all over United kingdom and to support the
environment.”
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Objectives of the Business proposal : This proposal consists with a number of objectives and
these are : To enhance the sales by 20 percent every year, with taking in use of zero plastic or
any other harmful materials that could impact upon health of people and environment. Another
object that came in front that is To bring awareness among citizens of United kingdom, in
regards to what plastic products can do to both environment and health of human beings.
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MAIN BODY
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Entrepreneurial theories : In present context, there are two theories of entrepreneurship has
been taken into consideration and these are: Need for achievement theory and theory of social
change. If it is talked about need for achievement theory, then this is said to be one of the crucial
theory, which was undertaken by Smith, while identifying the business idea. Basically, this is
said to be the best approach as it made entrepreneur realise about the basic need that customers
are looking for. On the other hand, if it is talked about theory of social change then it is said to be
one of the crucial theory that has helped looking into the actual perception of targeted customers
towards plastic products and services, as it is directly affecting the environment and so on.
Including this, it will also be beneficial for the business firm i.e. Molly & Smith to consider the
business idea, that has been taken jnto consideration of bottles made up of bamboo as it is
creative jn nature.
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Without an aim or objectives, a business proposal cannot be developed. This section can be
considered as the root of the whole project where everything gets identified and planned in a
way, that it will offer the best out of it.
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CONCLUSION
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With the help of above mentioned report, it can easily summarised that is not an easy task to
propose a business organisation as it may main lead to risks all the saved money, by the
entrepreneur. But, once idea get successful, this may lead the owner of the business to touch new
heights in a specified time frame.
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