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Analysis of Partnership and Porter's Five Forces Model for Little Dessert Shop

   

Added on  2023-01-05

7 Pages1789 Words63 Views
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Introduction
on Businesses
1
Analysis of Partnership and Porter's Five Forces Model for Little Dessert Shop_1

Table of content
Introduction......................................................................................................................................3
1. Analysis partnership and also its types with with reference to Mary and Sue........................3
2.Porter five forces model............................................................................................................3
3. Three macro environment factors as well as how it can improves business..........................4
Conclusion.......................................................................................................................................6
References........................................................................................................................................7
2
Analysis of Partnership and Porter's Five Forces Model for Little Dessert Shop_2

Introduction
A business begins within several different ways such as sole proprietship, partnership and
many more. This defines the business’s form and its types. It is vital register business alongside
law so that rules and regulations are implied. In addition to this there is requirement to analysis
competition within market and for that strategy is applied accordingly (Jang.and Kim,
2018)There are several models available as it aids within finding out factors that impact the
business growth and also development. Present Report focuses on about Mary and Sue. It will
explained about porter five forces and also three factor in order to improves the growth of
business.
1. Analysis partnership and also its types with with reference to Mary and Sue
Define Partnership- A partnership is considered as a form of the business where there is two or
more than two people share ownership and in addition to this responsibility for managing the
firm as well as incomes or losses the business generates. Little Desert Shop focuses on franchise
unit within the United Kingdom. Mary and Sue offer coffee and fast food so that more number of
consumers attracts towards it (Allee. and Lugg, 2016).
Benefits of partnership within example from Little Dessert Shop
Little Dessert shop offers Franchise Partnership as buying Franchise can be expensive
but at the same time such expenses can be shared as one can require to spend all of their savings.
During the initial stages of franchise running word of mouth aids within the a lot while
establishing the business. As one having the experience partner than there is a wider circle of
friends, family as well as various business connections to help each other. When two minds
focus on business there is more chances of problem solving skills as well as creativity within
each and every action which ultimately benefits for the business (Allee. and Lugg, 2016). If
initial days if there is a problem then both the partners can do heads together in order to work
towards the firm.
3
Analysis of Partnership and Porter's Five Forces Model for Little Dessert Shop_3

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