Financial Performance of Reviveaphone | Report
20 Pages4134 Words88 Views
Added on 2020-01-28
Financial Performance of Reviveaphone | Report
Added on 2020-01-28
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Small business enterprise
INTRODUCTIONSmall business enterprises are those organisations which are owned and controlled by theowner itself. These are private limited organisation and also operate in relationship or soleproprietorship under which very low number of personnels and very low yearn income than sizeof organisation and company. Company have less than 50 employees and very less number ofpractices and policies according to the European Union. This project report has discussed thefinancial performance and business operations of Reviveaphone. It is a kind of small businessenterprise which major aim is to provide the high quality mobile rep[airing services to client andit is business of Dragons Den series. Its major quality is to repair the mobile phone by 24 hourswithout damage the internal memory and data. The major objective of this report is tounderstand expansion and growth of small business enterprise by use of various ways andcriteria. In this report, how a small business enterprise states their business and survive in thecompetitive market has been systematic addressed. In addition to this, company strength andweakness related to operation and function has been also discussed in this report.TASK 11.1 Overview of the company along with its potentiality and weaknessThe organisation’s name is Reviveaphone is a small business enterprise in the UK. It ismainly famous for its specialised in DIY products which has made to recover the water.Company have turnover of 20000 and 3000 net profit as per the research and data of UK.The
major feature of this kit solution is that it can improve the mobile within 24 hours if phone isdamaged by water fallen. Cited venture has provided different and innovative services to itscustomers in the UK market about repairing of mobile phone (Blackburn, Hart And Wainwright,2013). Cited venture has announced the revenue of 13000 repair kits and conduct discussionwere underway with leading airlines virgins, easy jet and flybe to offer the kits on the broad theirflight. The major objective of this small business enterprise is to render repair services withfixing anything from smashed screen to broken buttons. The cited venture is famous for itsexcellent repairing services because it offers services along with 1 year warranty. Companyunderstands the value of time and busy schedule of customers and so, it repairs the damagedmobile phone within 30 minutes to 1 hour.Company have major competitors is NH iphiones,iphone surgery, qukfix phone repair, 168 fixit etcCompany provides major feature of this kit solution is that it can improve the mobilewithin 24 hours if phone is damaged by water fallen.It gives 12 month warrenty to customer andits most special feature is that phone can repair within 30 mionuts and ipad in 1 hour.The major strengths of Revivephone is as follows:Reviveaphone has the major strength that is its high quality and warranty services tocustomer. It renders the high quality of mobile repairing services to customer and timesaving opportunity to customer so as they can any time any where repair their damagedphone.Reviveaphone has highly skilled and talented employees who deliver their best efforts inorder to improve company’s performance and productivity.Company has another major strength of its strict data protection policy through whichcompetitors cannot access their personal information.Its product have major feature is that customer data can not remove from the deviceduring repairing iPad, iPhones and iPad repair.Company have another strength is that it offer attractive discount and offer at seasonaltime through which customer can more attract toward the companyThe major objective of this small business enterprise is to render repair services withfixing anything from smashed screen to broken buttons. The cited venture is famous forits excellent repairing services because it offers services along with 1 year warranty.Following are some weaknesses of Revivaphone:
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