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Entrepreneurial Development: Customer Value Proposition and Lean Business Model

   

Added on  2023-01-19

20 Pages4809 Words87 Views
ENTREPRENORIAL
DEVELOPMENT

Table of Contents
INTRODUCTION .........................................................................................................................1
Customer Value proposition Canvas...........................................................................................2
Lean Business Model Canvas......................................................................................................4
C Level Specialist Contribution...................................................................................................7
Financial and Financing Plan.......................................................................................................9
Summary......................................................................................................................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11
APPENDICES 1............................................................................................................................12
APPENDICES II............................................................................................................................12

INTRODUCTION
Entrepreneurial development is termed to the program or method which aims to ascertain,
nurture, support along with grow talents at great level in order to bring new business
entrepreneurs in the market to reduce environmental, employment and business problems. In
other words, it is said to creating entrepreneurship attitudes among people through finding for
prospective entrepreneur as well as promoting the attitude to make them real entrepreneurs. The
concept helps in introducing a business or an idea that is totally a new concept (Akhter and Sumi,
2014). The main essence of developing entrepreneur are to create culture of entrepreneurship
within society. It highly contributes towards developing individual's creativity as well as
initiatives. With this, there are huge possibilities to identify talents having potentiality for
establishing new business in the pertaining industry. Within the dynamic business environment,
an organisation always emphasis on updating existing commodities by launching new product
due to changing customer preferences with time.
For gaining insights about entrepreneurial development, a Digital Chophouse Restaurant.
In this the main idea is to provide automated in house digital ordering to the customers where
they will make order at their houses or through their own mobile apps before visiting the
restaurant which will save their time and provide more convenience. This innovation will help in
attracting more customers as well as making position in UK's market. With this more
competitive advantages can be attained. In the market of UK, there is no such restaurant that
provides the facility of self ordering and self check ins and making orders through tablets. In this
new idea, the menu will be translated in various languages and will include taste and preferences
concerned with Romanian traditional cuisines. The food serving and taste will be different as
customers prefers to have distinct taste in various food items. The food will be different as
vegetarian dishes will be prepared with fresh vegetables that will be directly bought from the
farms and will be organic. To prepare non vegetarianism food, meats and other ingredients wuill
be imported from the city of Romania. The restaurant will also provide variety of food items as
per customer taste and preferences so that they will attain competitive advantages in the market.
This business will carry outs meat cuts such as roast prime rib, veal, poultry and other seafood
items. As a CMO (Chief Marketing Officer), the main role is to oversee planning, managing
distribution system and devising marketing strategies for developing the business. The CMO will
ensure that the message of company is distributed across channels along with targetted audiences

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