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small business enterprise Assignment - William Jet Tenders

   

Added on  2019-12-28

13 Pages3256 Words345 Views
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Table of ContentsINTRODUCTION.........................................................................................................................3TASK 1...........................................................................................................................................31.1Profile of organization......................................................................................................31.2 Comparative Analysis of organization..................................................................................4TASK 2...........................................................................................................................................42.1 Actions to overcome with weakness and recommendations with justifications....................42.2 Ways to maintained existing performance............................................................................52.3 New area of business...........................................................................................................6TASK 3............................................................................................................................................63.1 Assessment of existing business objectives and plans..........................................................63.2 Revising business plans to incorporate appropriate changes.................................................73.3 Action plan to implement the changes...................................................................................7TASK 4............................................................................................................................................84.1 Impact of the proposed changes on the business and its personnel.......................................84.2 Plan how the changes will be managed in business..............................................................84.3 Monitor improvements in the performance of business over a given timescale...................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11

INTRODUCTIONSmall business enterprises are making equal contribution in country’s growth. There are manyorganizations in UK which are working as small business enterprise. The present report is based on theWilliam Performance Jet Tenders which is UK based organization. Entity is engaged withmaking different types of water jet. This report makes analyze on profile of organization andmake competitive analysis with Cockwells which is offering similar nature of products. Thispresent report also makes analyze on weakness of company and ways to maintain the presentstrengths (Blackburn, Hart. and Wainwright, 2013,). At, last it makes analyze proposed changesand monitor improvements in performance. TASK 11.1Profile of organization The William performance tenders make and deliver of all types of jet tenders in smallerpackages. The organization build different types of power boat such as mini jet, turbo jet andsport jet. Each product of organization combined with reliability and stability. Following isthe business profile of organizationsName of companyWilliam Performance Jet TendersOwners structurePrivate companyActivities The main activity which is performed by company is to make anddevelop different types of super water boats. Owner of companyJohn and Mathew William started making boats in 1996. Entity isengaged in developing different types of models such as dieselbased jet, Turbo jet and much other super power boat for theirconsumers (Burrows 2015). Strengths andweaknessThe main strengths of organization they are making different typesof super jet along with different types of design. Entity isdesigning tender launch systems to launch and recover turbo jetinto yacht garages. They acquired dominant position in their homecountry. They are using advances technology for making theirwater jets. Weakness of organization is that they are giving onlylimited services to their customers. There market is limited to onlyUK. There are making jets which small in size and along with thisthey have limited number of employees (Carraher and Paridon,2015).

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