logo

Launching A New Venture Report - Fresh Bakery shop

16 Pages4795 Words29 Views
   

Added on  2020-07-22

Launching A New Venture Report - Fresh Bakery shop

   Added on 2020-07-22

ShareRelated Documents
Launching A NewVenture
Launching A New Venture Report - Fresh Bakery shop_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 A new venture identifying specific target markets and competitive analysis...................1P2 Specific tangible and intangible resources that required for a new venture......................2TASK 2............................................................................................................................................4P3 Produce a credible proposal to launch a new venture.......................................................4P4 Skills and capabilities required to launch a new venture..................................................5TASK 3............................................................................................................................................6P5 Different promotional activities and channels for launching new venture.......................6P6 Develop an appropriate promotional activities plan for both launch and pre-launch.......7TASK 4............................................................................................................................................8P7 Monthly cash budget for the pre-launch phase.................................................................8P8 An appropriate legal form for the venture.......................................................................11CONCLUSION..............................................................................................................................12REFRENCES.................................................................................................................................13
Launching A New Venture Report - Fresh Bakery shop_2
Launching A New Venture Report - Fresh Bakery shop_3
INTRODUCTIONStarting a new venture is not an easy task because it requires several skills and abilities sothat individuals can handle a particular business in any situations. Entrepreneurs start up a newfirm with the aim of achieving set targets or objectives while operating business. They alsoconsider various problems which may have to face by them regarding cut throat competition,market challenges and various issues within the firm (Baron, 2011). This report is based on FreshBakery shop which is going to start in the city of London, UK. This firm produces various typesof foods and sell it in the market such as bread, cookies, pastries, cakes, sandwiches and pies etc.Therefore; there is requires to analyse proper market conditions, customer’s expectation anddemands and social impacts. This assignment will discuss specific tangible and intangibleresources that necessary for launching venture. It will also produce proposal and assess severalskills or capabilities for new business. Various promotional activities and channels will beundertake and develop a plan for both launch or pre-launch. It will produce a cash budget andsuggest a legal form. TASK 1P1 A new venture identifying specific target markets and competitive analysisFresh Bakery is a small shop that deals in various baked products and sells in the marketplace. In the present scenario, many people are addicted to consume baked products such aspastries, cakes, burgers and sandwiches and many more so they prefer to take these foods ratherthan other. Therefore, this shop is going to open in the mid city of London so that number ofcustomers can be attracted towards firm for consuming various products or services in wellmanner (Tang, 2011). Fresh Bakery is also providing Cookies, Ice cream, Cold drinks andChocolates etc. in the shop. There is define small plan for new venture such as;An individual is going to start a new venture which is known as Fresh Bakery Shop thatwill be open in the area of 2000 square foot at London Street. The Owner of this firm chose bestlocations or area and hired suitable place on lease of 2 year so that business can be established inmore efficient manner. Individual has required some sufficient funds for opening effective firmbecause it is necessary to run the business operations in better ways. Owner has arranged somerequired funds for starting venture such as approx £ 3,50,684 to £3,52,684. 1
Launching A New Venture Report - Fresh Bakery shop_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Launching A New Venture Assignment - Sweet & Spicy
|14
|4861
|179

Launching New Venture Report - Ultimate Bakery Shop
|13
|4532
|67

Report on Target Market and Competitive Analyses for New Venture
|15
|5173
|40

Launching a New Venture: PDF
|14
|4995
|178

(solved)Launching a New Venture: Assignment
|14
|6722
|90

Launching New Venture Assignment
|17
|4279
|209