Small Business Enterprise Baby Bear
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Added on 2020-10-04
Small Business Enterprise Baby Bear
Added on 2020-10-04
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SMALL BUSINESSENTERPRISE
Table of ContentsINTRODUCTION ..........................................................................................................................1TASK1.............................................................................................................................................11.1 Profile of small scale with its strengths and weaknesses......................................................11.2 Analysis of business using aggressive measures of performance.........................................3TASK 2............................................................................................................................................52.1 Action to overcome weaknesses of business .......................................................................52.2 Different ways to maintain existing performance and strengthen........................................62.3 Areas where business could be expended ............................................................................7TASK 3............................................................................................................................................83.1 Existing business plan and objectives...................................................................................83.2 Revise business plan to built innovative modification..........................................................83.3 Action plan to implement changes........................................................................................9TASK 4..........................................................................................................................................104.1 Impact of changes on business and its personnel................................................................104.2 Managed of changes in Baby Bear......................................................................................114.3 Improvement in business performance ..............................................................................12CONCLUSION .............................................................................................................................12REFERENCES..............................................................................................................................14.......................................................................................................................................................14
INTRODUCTION Small business is a privately owned business that is handled by an organisation or smallfirm which has a minimum hundred employees and has revenues of less than $25 million. Thistype of firm typically has a less number of employees. This kind of business is an independentlyoperated and owned company which is small in size and income depending on the firm. A localbakery that employs ten people is the best example of a small scale. Such kind of organisationspecifically owned by private hands in the form of sole proprietorship, corporation andpartnership, etc. This report is based on Baby Bear which is the nursery home for little kids inUnited Kingdom.(Hilmersson, 2014). The purpose of this company to offer professionalchildcare services which is the best advantage for development of child and give secured, safe,stimulating and happy environment for the success of little kids. This file includes company’sprofile and their strengths and weaknesses. Comparative analysis of firm is also described here.Along with this, the way firm can manage changes by making an effective plan is also discussedin this report.TASK11.1 Profile of small scale with its strengths and weaknessesSmall business enterprise provide type of services to its buyers and charge limitedamount from the service user. This is very essential part for such entity to use effective tool andquality measures so that they can give best services to another. Baby care is the nursery home inUK(Gunasekaran, Rai and Griffin, 2011). This company is based on small entity that providesbetter and healthy service to child care from birth onwards. The mentioned firm opens inbetween 8 AM to 6.30 PM, Monday to Saturday. This enterprise is closed only on nationalholidays along with 6 days at the time of Christmas. They have experience and professional staffmembers who are skilled in their respective fields. SWOT Analysis It is the best way to identify company’s weaknesses, strengths, opportunities and threatswhich support in effective planning. This is essential for any enterprise to plan their policy andstrategy about to their strength and weaknesses so it can not impact them in negative way.Strengths Weaknesses They are innovative in local
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