Role of Small Business Enterprise
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Added on 2019-12-28
Role of Small Business Enterprise
Added on 2019-12-28
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SMALL BUSINESS ENTERPRISE
Table of ContentsINTRODUCTION...........................................................................................................................................3TASK 1..........................................................................................................................................................31.1...........................................................................................................................................................31.2...........................................................................................................................................................4TASK 2..........................................................................................................................................................62.1...........................................................................................................................................................62.2...........................................................................................................................................................72.3...........................................................................................................................................................8TASK 3..........................................................................................................................................................93.1...........................................................................................................................................................93.2...........................................................................................................................................................93.3.........................................................................................................................................................10TASK 4........................................................................................................................................................104.1.........................................................................................................................................................104.2.........................................................................................................................................................114.3.........................................................................................................................................................11CONCLUSION.............................................................................................................................................12REFERENCES..............................................................................................................................................13
INTRODUCTIONThe role of small business enterprise has increases with the external market difficultieswhich enhances an entity's performance. The business need to operate their existing business inorder to grab higher market opportunities to raise their current level in order to bring out theirexisting skills and talent. London Mirror will be selected for this project report whichemphasised in attracting wide number of customers towards their business. This report is allabout explaining the internal factors used against the competitors of this existing business. Thisis also stresses on identifying its financial and non-financial performance of an entity. It is alsofocuses on the action plan framed by an enterprise in order to implement external marketchanges in the existing business entity.TASK 11.1Company backgroundLondon Mirror offers different variety of accommodation services in order to cater theneeds and expectations of different set of customers (Bordum, 2010). This kind of place providesunique services to please their client’s expectations by providing friendly atmosphere. This placeis the nearest lace to the Heath row airport London in the front street of the London. This place islocated in the famous streets of the London which is one of the recognized shopping destinations.This place gained higher recognition as this located in the heart of the United Kingdom whichattracts wide number of visitors to this place. This place offers variety of rooms according to theconvenience of different kinds of customers. The budget of the customers will be given higherimportance by amending prices according to different class of the society such as rich class,middle class and the rich class services and amenities. It can be said that amenities will be intactin a simple framework or lavishness wrapped in simplicity.Internal informationName and address- London Mirror, Oxford Street Contact no. +44 (0) 777 4433529
E-mail- LondonMirror@hotmail.comWebsite- http://www.bedandbreakfastheathrow.comStrengthsThe variety of services and amenities offered by this entity is totally different from anyother business exists in the London.It offers free Wi-Fi facilities, complimentary lunch, breakfast and dinner which is thespeciality of this place as this unique service will not find anywhere.The important element is the quality of services and products offered to please variety ofcustomers are offered with different qualities to gain their trust.WeaknessThe basic weakness faced by this place is to face high level of competitors as it is locatedin the famous streets of the London which is surrounded with the different variety ofcompetitors.Another important weakness of this place is the short space which is creating difficultiesin order to meet the different variety if customer needs and the expectations in order togain the higher level of customer satisfaction.1.2London Mirror￡'000Jesmond Dene￡'000YearPBTTaxationPATPBTTaxationPAT2016100208030060240201580166425050200201460124820040160201340-4018036144201220-201002080Interpretations
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