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Small Business Enterprise Swing Petrol - Assignment

   

Added on  2020-07-23

15 Pages4224 Words34 Views
SMALL BUSINESSENTERPRISE
Small Business Enterprise Swing Petrol - Assignment_1
Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1A. Profile of the selected business enterprise..............................................................................1B. Compare the performance of Swing petrol UK and other small sector enterprise.................2TASK 2............................................................................................................................................3A. Recommendation and justification to overcome the weaknesses..........................................3B. Ways to maintained and strengthened the existing performance ..........................................5C. New areas for expanding the business....................................................................................5TASK 3............................................................................................................................................6A. Assessment for existing business objectives and plans..........................................................6B. Review the business plan to suggest the new areas for changes............................................6C. Action plan for implementation of changes...........................................................................7TASK 4............................................................................................................................................84.1 Impact of proposed changes that impact on business and their employees..........................84.2 Plan to make changes that are managed in business ............................................................84.3 Improvement in performances over the past two years........................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11
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INTRODUCTION Small business enterprise play very crucial role in success of the country anddevelopment of the revenue and operations. With this regard, employment opportunities will beexpand in the nation that enhance profitability and effective results at workplace (Henry,Rushton and Baillie, 2016). In this context, present report based on the Swing Petrol UK that isprivately owned and perform functions for Dragon Den shows. Further, the company alsopromoting their outcomes through producing events, corporate functions, etc. For gaining insightknowledge of the company, it covers strength and weaknesses of the business to expand thebusiness through making certain promotion. It assists to evaluate financial performance of thecompany that are required for competing different business in all over the world. At last,recommendation also providing that assists to meet with business goals and objectives. TASK 1A. Profile of the selected business enterpriseBusiness name: In this aspect, selected organisation is Swing petrol UK that ownedoperations and functions as private sector.Owner structure: Mainly in Swing petrol UK, investors assists to promote shows ofDragon Den which create several kinds of monetary benefits. In addition to this, functions arealso promoting through providing fund and assists to operate smooth functioning at workplace(Glaub, Frese and Hoppe, 2014). Background/history: Swing petrol UK developed there operations and functions from16th May 2006. It registered to operate activities through promote business by ideas and opinionwhich enhance shows of business performances (Thomä and Bizer, 2013). This enterpriseprovides different kinds of products and services as the qualitative results which make long termobjectives and operations. Location of the company: Swing petrol UK located at Hope Cottage Ox which is theone of biggest and crowding areas of the country. Strength: The chosen organisation specialise for different kinds of products and servicesthat assists to meet with goals and objectives in systematic way (Acs, Audretsch and Lehmann,2013). With the help of article, they are making plan which assists to promote effective results in1
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