Action plc 4com to support small business enterprise

Small Business Enterprise

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Identify strength and weakness of 4Com plc........................................................................1
1.2 Analysis of small business using comparative methods.......................................................2
TASK 2............................................................................................................................................4
2.1 Identify the methods of weakness overcome in the 4com plc..............................................4
2.2 Analyse way of performance that could be maintained and strengthened............................5
2.3 Recommendation of new areas in which business will be expand.......................................6
TASK 3............................................................................................................................................7
3.1 Produce business objectives and plans..................................................................................7
3.2 Implement plan of 4com to incorporate changes..................................................................8
3.3 Action plan to implement change.........................................................................................9
TASK 4 ........................................................................................................................................10
4.1 Impact of proposed changes on business and its personnel................................................10
4.2 Changes can managed in business......................................................................................11
4.3 Monitor improvement in performance of business in given timescale...............................13
CONCLUSION ..........................................................................................................................13
REFERENCES..............................................................................................................................15

INTRODUCTION
Small business enterprise is the business which are controlled and operated by limited
workers. They invest small capital in the business. In an enterprise at least 250 workers are
works at a small place. An organisation will operated and owned by private sector companies,
sole traders, single businessman and other agencies. It is the duty and responsibilities of an
employees to follow all rules and regulations which are made by enterprises top managers and
leaders. Small business enterprise works for achieved desired goals and objectives in an effective
manner (Altman, Sabato and Wilson, 2010). This business maintain and manage strength and
weaknesses which identify current position. 4Com plc is the company which improves
communication services in the small business enterprise. This was established in 1999 in UK. Its
headquarters is in Bournemouth, Dorset. They build strong relation with their customers and
provides them best service. The main purpose of this report is to understand different sources of
finance in small business enterprise and develop skills and knowledge to their employees. In this
project, identify the strength and weakness of small business enterprise.
TASK 1
1.1 Identify strength and weakness of 4Com plc
4Com company provides communication services in united kingdom. They serve
different types of products such as record calls, voicemail, management of call, reporting of call,
broadband maintenance, business mobile etc. The company examines or analyse the performance
of employees in market. Small business enterprise target their customers in an effective and
efficient manner (Battisti and Perry, 2011). The 4com plc analyse its business strength and
weakness, opportunities and threats.
Strength
 Provides excellent customers services
 Boost employees skills
 They have trained employees
 Experienced staff members
 Provides reasonable price or rate to
their customers
 High quality services in an effective
Weakness
 Open branches in rural areas
 Lack of awareness among people
 Minimum capital investment
 Lack of communication skill
 Decrease cost of activities
 Attracts very few customers
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manner
 Increase market share
 Lack of skilled workers
Opportunities
 Expand business in cities
 Scope of open new branches
 Business start at prime location
 Provides services information online
 Attracts rural areas people
 Online promotional activities
 Publicity through TV, internet,
newspapers etc.
Threats
 Entry of new competitors
 Threats of new companies
 Shortfall of skilled workers
 Entrance of new sellers in prime areas
 Competitors adopts new technologies
 Shortage of experienced employees
1.2 Analysis of small business using comparative methods
Business analysis is an important to evaluate or measure performance of their employees
on daily basis and it provides strength to their company. It is essential to measure activities and
functions which help to overcome the company's weakness. This analysis help to identify current
and future position of 4com plc. There are many methods which help to evaluate comparative
performance such as graphical, tabular, ranking etc. It is important to research and analysis the
company competitors in the market (Blackburn, Hart and Wainwright, 2013). Small business
enterprise analyse different methods and techniques which help to evaluate financial position of
company.
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