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Small Business Enterprise

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Added on  2023-04-03

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This presentation provides an overview of small business enterprises in the United Kingdom, including their strengths and weaknesses. It also offers recommendations for actions to overcome identified weaknesses and ways to maintain and strengthen the existing performance of the business. Additionally, it suggests new areas in which the business could expand.

Small Business Enterprise

   Added on 2023-04-03

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Small Business Enterprise
TASK 1 & 2
Small Business Enterprise_1
Introduction
Small business in United Kingdom is increasing day by day
due to the changing business environment. The individual and
group of individuals have started their small business in
different sectors. These businesses are started with low
investments and operation is conducted within the limited
geographical area because of low capital invested. The
examples of small businesses are retail stores, saloons, hotels,
consultancy firms, small garages and other. These businesses
are mainly owned solely or they may be the partnership
business. The income generated from these businesses is at less
because of operation in the limited area with low capital
investments.
Small Business Enterprise_2
1.1 A profile of a selected small business and its strength and weakness
Forth Guest house is established bread and breakfast hotel which provides
accommodation and breakfast facilities to its clients. Forth Guest house is located in
Georgian and it is the 4 star rated B&B hotel. The guest house provides double and
family accommodation to clients as per their need and preferences.
Objectives:
The main objectives of Forth Guest house working as an B&B are described as
follows:-
The main objective of Forth Guest house is to increase number of clients for service
provided by organisation. The business aims to increase clients with the increased rate
of the provided service which help in increasing the profit for the business.
Objective of the business is to provide quality service to users.
Organisation wants to expand its business in other geographical.
Objective is to increase profit and develop brand image of business.
Small Business Enterprise_3
Continue...
The strength and weakness of Forth Guest house is described as follows:-
Strengths: - The strengths which helps Forth Guest house in success of the business
is described as follows:-
The business provides good facilities of free Wi-Fi, parking and breakfast which are
included in booking price.
The Forth Guest house is 4 star Bed and breakfast businesses.
Provides quality service such as serves breakfast in bone china crockery.
Provides extra facilities such as television, hair dryers and laundry service.
Located within 100 meters from the centre town.
Small Business Enterprise_4

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