Managing Small Business Running

Managing Small
Business Running

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Task 1...............................................................................................................................................1
P1. Discuss the main consideration a small business or social enterprise needs to address
when planning and allocating resources.....................................................................................1
M1. Apply relevant tools and techniques in structured to analytical tools to allocate resources
in organisational perspective. .....................................................................................................2
M2. Assess the importance of planning and allocating resources to achieve the business
related accomplishment. ............................................................................................................3
Task 2...............................................................................................................................................3
P2. Explain and evaluate different process that customer relationship management for small
business or social enterprise. ......................................................................................................3
M3. Analyse and evaluate the elements of customer relationship management process in
relation to accomplish business objectives.................................................................................4
P3. How a small business can develop transnationally and determine the benefits and
drawbacks....................................................................................................................................5
M4. Evaluate the potential to develop transnational operations using the stage model of ........6
internationalisation, assessing both benefits and challenges. ....................................................6
P4. Produce an annual itemised monthly cash flow forecast showing fixed and variable costs.6
P5. How break even analysis could be applied to an organisational situation............................8
P6. Analyse key financial statements for an organisation in relation to how they contribute to
the successful management of the organisation. ........................................................................8
M5. Apply appropriate quantitative and analytical techniques to provide an appropriately
detailed cash flow forecast and break-even analysis. ...............................................................11
Task 4.............................................................................................................................................12

P7. Discuss key legislation and regulations that have implications on small businesses or
social enterprises. .....................................................................................................................12
M6. Implications of key legislation and regulations in an organisational context. .................13
CONCLUSION..............................................................................................................................13

INTRODUCTION
Small business which is function on small scale increase the level of less capitalism
invested, number of employees are limited even resources are not appropriate usage where type
of goods and services. The only motive is to attain better stability for daily basis by accomplish
target on a small scale basis. Their revenue is expected in small number in which they tend to be
sustain for long term aspects.
As in this report, the organisation is relate with new small business venture Let's Eat
restaurant which planning to establish in United Kingdom location., it is people to people
lending food and beverages that major allows where public are directly attain their expectancy
healthy and natural food (Aladejebi., 2018). In this report small business and social enterprise to
better address planning to allot resources, different purpose of customer relationship
management for a small business, customer relationship management small business on social
enterprise. By developing transnationally and determine the better benefits and draw backs. To
analyse cash flow forecast, budget and break even point and interpret for detail analysis towards
financial statement, breakdown analysis applied on better organisational structure., discuss
effective analysis on organisational situation applied. To effective for better contribute to be
successful management of organisation. Different key legislative and regulation and having
implication on small business on social enterprise.
MAIN BODY.
Task 1.
P1. Discuss the main consideration a small business or social enterprise needs to address when
planning and allocating resources.
In every small and medium type of business their working team such as marketing,
operation and administrative plan to conduct activities along to acquire better and economic
resources that help to accomplish goals (ANGGRAENI., 2019). As per situation of small
business in United Kingdom it support to grow to increase the economy by intending for
effective increase. There is major reason in which Brexit market is enhance to not allows small
and medium enterprise that not commence for trade in European trade that prominent manner.
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