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(solution) Small Business Enterprise : Doc

   

Added on  2020-12-09

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Small Business Enterprise
(solution) Small Business Enterprise : Doc_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Produce a profile of your selected business from the Dragons Den series using the
suggested
.....................................................................................................................................................1
1.2 Comparison of performance with other business..................................................................2
TASK 2............................................................................................................................................3
2.1 Recommendation with justification......................................................................................3
2.2 Analyses ways in which the existing performance...............................................................4
2.3 Suggest the new area.............................................................................................................5
TASK 3............................................................................................................................................6
3.1 Business objective and plan..................................................................................................6
3.2 Review business plan............................................................................................................7
3.3 Prepare action plan................................................................................................................7
TASK 4............................................................................................................................................8
4.1 Impact the proposed change..................................................................................................8
4.2 Plan for change will be manage............................................................................................9
4.3 Improvement in performance of business.............................................................................9
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................11
(solution) Small Business Enterprise : Doc_2
INTRODUCTION
The report is developed in concentration with small business enterprise. Information
related with performance management will be provided in the report. This report is focused on
small business enterprise which provides products and services to the customers of rural areas of
UK. Further, it will cover business plan will be developed for the enterprise which will help it to
grow in the market (Ayandibu and Houghton 2017). This report is based on ANGO PURPOSE
MADE FURNITURE LTD, which is located in United Kingdom. This company is
manufacturing adjunct and other surround for motor transport. The report will be covering
history or background or company, its activities, location of business and strengths and weakness
of company. Moreover, swot analysis strengths, weaknesses, opportunities and threats of will be
discussed and strategies to overcome from the weaknesses will also be discussed in this report.
TASK 1
1.1 Produce a profile of your selected business from the Dragons Den series using the suggested
Small medium enterprise are termed as backbone of economic condition of UK. In this
context, profile of business from the Dragons Den series are as follows :
Name of the business
Ango Purpose made furniture Ltd is the establishment which is operational within
Somerset city of South West England and treatment in commercial enterprise of motor vehicles
parts and subsidiary (Baidoun and Awashra, 2018). In addition, establishment was established in
2015, successful moving two year, with the best amount of assets in marketplace level.
Owner structure
1
(solution) Small Business Enterprise : Doc_3
This organisation is certified under the company house. It is follow concept and
regulation as per the company act. There are some changes is made for improving organisation.
History and background
Ango purpose made furniture is booming running institution since last 2 years in market
and addition popularity within the country where it is direct (Daniel and Nunan, 2018). The past
times is not that much old as it was founded in 2015 only but from the integration time institution
was known as Yoga Swing UK Ltd for the period of 19 April 2015 to 30 March 2017.
Subsequently, it changed its name to Ango Intention made furniture.
Business location
Ango Purpose made furniture Ltd is having its registered office in Unit 3A The works,
Back River Drove Street, Somerset BA 16 9SG, South West England
One of the most essential part for every arrangement is capability and imperfection. It is
help to increase the profit and productivity insight organisation.
Strength Weaknesses
This administration is more consumer focused.
They are more responsive to the activity place.
There are some alteration is made as per the
need of client in market place (Hutchinson,
2018). On the other hand, enterprise are use
invention and ensure that they could bring
forth innovative merchandise. This endeavour
remains flexible and activity is to be set
accordingly.
Some time organization must have to be use
out dated facility must be used at the tie of
production process. Do not use proper
management in internal working environment.
This may not be able to cover the large number
of customer in marketplace share. This is to be
give negative contact on activity share.
Opportunities Threats
There are had possibility available into new
market. In this starting years, organization is
come in into new marketplace. This structure
is help in the maturation of the economical
state of organisation.
In this context, different number of competitors
are effect market place. There is shortage of
resources which affects the productivity of
these enterprises. Market keeps on changing
due to which enterprises gets affected.
2
(solution) Small Business Enterprise : Doc_4

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