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Partnership Assessment with regards to Little Dessert Shop

   

Added on  2023-01-05

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Introduction
Partnership assessment with regards to Little Dessert
Shop
Porter five force analysis
Macro-environmental analysis
Conclusion
References
Partnership Assessment with regards to Little Dessert Shop_2

In the recent times, UK hospitality sector is recognized as an important part of
economy as it contributes in GDP to the large extent. However, due to stiff
competition, companies operating in hospitality sector needs to make focus on
undertaking innovative business practices.
This PPT is based on the case situation of Little Desert Shop which offers wide
range of food products or services. Both the owners namely Mary & Sue has
experience in hospitality sector who focuses on providing customers with wide
range of bakery and desert products.
This presentation will develop understanding about macro environmental concepts
such as PESTLE and Porter. It will highlight the extent to which partnership
agreement will prove to be beneficial for Mary and Sue.
Further, It also entails how company can attain competitive position by focusing
on macro environmental aspects.
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Overview of partnership
Partnership may be defined as a kind of business where two and more people binds
through the means of an agreement. It refers to the formal arrangements where
business partners agree to share responsibilities, profit and losses that associated
with business operations.
According to case scenario both Mary and Sue, Co-owners, have working
experience of hospitality sector. Now, with the motive to attain success both the
entities namely Mary and Sue decided to start new venture as LTD in the Bullring
shopping centre in Birmingham.
For avoiding high risk level both entered into a partnership agreement by
contributing £30000 each. On the basis of this, partners will share profit, loss and
other risks as per the predetermined ratio.
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