A Report on Foundation Business
Added on -2020-07-22
FOUNDATION BUSINESS ESSENTIAL- INTRODUCTION INTRODUCTION 1 TASK 11 PART A1 TASK 22 TASK 33 PART A3 PART B4 TASK 45 Marketing objectives5 Target market 5 Marketing strategies for every market5 Marketing Mix 6 CONCLUSION 7 REFERENCES 8 INTRODUCTION JONES BUSINESS is determined as a legal entity which is framed up with the corporation of an individual and natural assets who shares common objective and goals. Enterprise needs to be created in order to have effective impact on the corporation of an
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FOUNDATIONBUSINESSESSENTIAL-INTRODUCTION
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1PART A..................................................................................................................................1TASK 2............................................................................................................................................2TASK 3............................................................................................................................................3PART A..................................................................................................................................3PART B..................................................................................................................................4TASK 4............................................................................................................................................5Marketing objectives..............................................................................................................5Target market .........................................................................................................................5Marketing strategies for every market....................................................................................5Marketing Mix........................................................................................................................6CONCLUSION................................................................................................................................7REFERENCES ...............................................................................................................................8
INTRODUCTIONBusiness is determined as a legal entity which is framed up with the corporation of anindividual and natural assets who shares common objective and goals. This report is majorlycategorised into different divisions for an example prominent elements that require to evaluate atthe time of launching new venture with in the market place. Hence, this assignment is majorlybased on beginning a business in the larger campus of the university in order to facilitate variouskind of food item for concentrating on student and young customers (Robyt, 2012). In this report,a PESTEL analysis in given along with creation of budget plan who are prominently highlightedin the report for establishing a new developed business venture. TASK 1PART AIn the current scenario or condition, it has been determined that students and youngstersare going to be more foodies due to the launching of larger numbers of junk food and westernitems or so on. Hence, students and youngsters are more likely to try more of various stall food,restaurant, hotel, cafes and many more. Overview of newly established business- In accordance to the survey, it has beenundertakes that venture for providing different kinds of food item is reflecting as innovating,creating and efficient division in current duration of time. Hence, there are various positiveelements that involve qualitative products, offering hygienic foods and delivery of time areuseful for attaining more major returns on their investment. Name of the organisation: “JONES SOLE PROPERITOR”This company is quit small ventures which smoothly runs by the sole trader in that theyhave offers various kinds of tasteful and delicious food product and dishes in van of food forsatisfying their demand and desires. Location- After evaluating entire venture, it has been determined that suitable region forthis kind of business such as university, collages, outside of the bigger malls, tourist destinationand various different location where larger numbers of individual is available (Romano, 2013).Hence, locations at different and several crowded regions are very helpful in order to haveattention of large numbers of persons and customers. However, venture required to be generatedin both manner such as online and popular street. 1
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