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Opportunity and Innovation in Entrepreneurship

   

Added on  2021-02-20

10 Pages2513 Words27 Views
Business Development
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OPPORTUNITY INNOVATION AND ENTREPRENEURSHIP1
Opportunity and Innovation in Entrepreneurship_1

ContentsINTRODUCTION...........................................................................................................................3MAIN BODY..................................................................................................................................3CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................92
Opportunity and Innovation in Entrepreneurship_2

INTRODUCTIONInnovative Entrepreneurship are defined the situation of business that can implement newidea and concept for increasing the profitability. Expert innovative entrepreneur will haveeffective qualities and skills that support the business to improve the economic activities. Theability of entrepreneur to create innovative products and services according to the demand ofglobal markets. It relies on the market position themselves to get funding and manage theirventure or become successful. This report will discuss about the Suzanne Bristow entrepreneur that are running their ownproduct store in UK. It will conduct the interview with the entrepreneur for identifying their ideaand innovation in the business development. Along with this, it will help for building theunderstanding in different factors related to the opportunities, innovation and entrepreneur.Furthermore, this report will describe the analysis data through interview and examine thefindings. It will describe the entrepreneurial, opportunities and innovation theory that related tothe business for managing and controlling. At last, it will relate the content of interview to theoryof innovation in the entrepreneurial opportunities. MAIN BODYAnalysis:Suzanne Bristow is a great entrepreneur that run own organic product store which is located inCoventry, UK. The name of her business is Down to Earth. At early age, she gained moreknowledge about innovation, opportunities in the business growth and development. The Downto earth shop began with the small venture when Suzanne Bristow with two children’s. They startto run the organic box scheme from home. She knew about the vegetables so it becomes easy forher to sell in the marketplace (Bird, 2019). Suzanne always tried to make more accessible for thepeople whilst being able to work from home. Many clients are giving the idea and encouragingto establish their own business, provide the best location for shop but Suzanne never want to setup the shop. She has just only grown ‘organically’ when she went with the flow. Afterwards, shestarted to earn money through business and also saved money for family holiday’s. Apart fromthat many customers have demands of fresh vegetables, fruits, bread, cheese and milk etc.Suzanne Bristow has been established this idea 20 years ago because many consumers wereappreciated the organic products and encourage them to open their own shop. The3
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