Entrepreneurship Management PDF

Added on - 21 Feb 2021

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EntrepreneurshipManagement
Table of Contents.........................................................................................................................................................3INTRODUCTION..........................................................................................................................4TASK 1............................................................................................................................................41.1 Define the main stages of the process in becoming a successful entrepreneur.....................41.2 Characteristics needed to be evaluated in order to implement the business plan.................51.3 Concepts, models and frameworks in addressing the identified weakness and buildingrecognisable strengths.................................................................................................................5TASK 2............................................................................................................................................62.1 Evaluate the niche market by analysing clients needs and competition..............................62.2 Operational and Financial needs of business enterprise.......................................................72.3 Identify the most suitable record keeping framework...........................................................72.4 Formulate Job Description in order to attract the right candidate for the business growth. .82.5 Apply methods and concepts required to target specific market needs...............................9TASK 3............................................................................................................................................93.1 Apply research findings to develop and market a product or a service that meet needs ofclients..........................................................................................................................................93.2 Assess the data collected to customise growth and liquidity plan to ensure sustainability ofbusiness....................................................................................................................................103.3 Evaluate how the research impacts the change required to turn business plan into businessventure.......................................................................................................................................12TASK 4..........................................................................................................................................124.1 Appraise the contribution of feasibility studies and business modelling in applying soundentrepreneurial skills................................................................................................................124.2 Evaluate how entrepreneurs can evaluate and increase profitability of success.................134.3 Balance out the key task for financial, growth and sound financial management forattaining business objectives.....................................................................................................13CONCLUSION.............................................................................................................................14REFERENCES..............................................................................................................................15
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