Entrepreneurship Development: Value Proposition, Business Canvas, and Financial Plan

Entrepreneurship
Development
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Contents
INTRODUCTION...........................................................................................................................3
VALUE PROPOSITION CANVAS...............................................................................................4
Customer Value Proposition Canvas...........................................................................................4
LEAN BUSINESS CANVAS.........................................................................................................5
Business canvas model................................................................................................................5
C LEVEL SPEICALIST..................................................................................................................9
Customer engagement plan and CMO marketing strategy..........................................................9
FINANCIAL AND FINANCING PLAN......................................................................................11
Financing plan...........................................................................................................................11
SUMMARY...................................................................................................................................11
Why should investors invest in venture.....................................................................................11
REFRENCES.................................................................................................................................13
APPENDIX....................................................................................................................................14
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INTRODUCTION
Entreprenurship development is determined as a procedure through which an individual
can enhance its skills as well as knowledge related to entrepreneur by attaining training programs
and classrooms. The main motive of establishing an entrepreneurial unit is to increase numbers
of entrepreneurial venture around the world who generally have unique and innovative ideas or
thoughts for attracting customers and retaining them (Cecora, 2019). Entreprenurship
development also helps in nations in development of economy and generating employment. The
respective report is based on Photo Travel which provides comprehensive and professional
photography services through their latest digital photography equipments. Moreover, they also
provide services related to digital marketing, advertisement, campaign, brand project
photography, blogger editors and many more. They also create customize packages according to
the requirement as well as budget of the client.
At respective report of entrepreneurship development I am performing role of CFO
(Chief Finance Officer), who conducts monitoring and management of all financial activities at
the workplace. These people are Head of Financial as well as Accounting Department who
perform activities related to finance management and risk operations of business venture. Along
with this there are several role of perform by Chief Finance officer such as they conduct
auditing, controlling of activities, treasury, financial planning, budget development and many
more activities (Far and Rezaei-Moghaddam, 2019). In addition to this they also provide
guidance as well as supervision to subordinates of their department so that they can perform task
properly according to planning.
Photo Travel developed objective which is related to profitability and sales of venture
through understanding objective they able to develop strategies as well as conduct work
accordingly. The estimated sales of respective company at initial year are 200000 units and they
are expected to get revenue of 250000. Along with this Photo Travel also predicted their total
cost which is of 100000. The main of developing this report is to understand business plan of
Photo Travel so that further strategies or plan can be developed properly. Topics included in the
respective report are value proportion canvas, business canvas model and financial plan.
Moreover it will also include CMO marketing strategy and plan for customer engagement.
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VALUE PROPOSITION CANVAS
Customer Value Proposition Canvas
Customer value proposition canvas is considered as process of marketing segment that
generally focuses on a particular targeted customer group. It is determined as main factor which
through which an organization will ensure that they are providing quality as well as effective
services and products to their potential customers according to their requirement and need (Horst
and Murschetz, 2019). By adopting this canvas several benefits can be attain such as employees
can develop or design products or services according to customers requirement and expectations
through that business can be boost at potential marketplace. There are main two sides of
customer value proposition canvas and both sides are divided into three aspects, explanation of
all aspects are given below:-
The right side of customer value proportion canvas show information related to customer
profile that is bifurcated into three factors such as customer job, gains and pain as well as it is
essential for Photo Travel to consider these factors while developing decision related to its
offerings (Jones and Sakong, 2020). Gain factor is related with the effectiveness of services
which are provided by Photo Travel such as it is effective in nature, efficient produce within
given time frame, save time of public transport, professional services and outcome, own comfort
and luxury services option. These are main gains attain by customers by hiring services from
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