Small Business Enterprise : Assignment

Added on - 21 Jul 2020

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SMALL BUSINESSENTERPRISE
Table of ContentsINTRODUCTION..........................................................................................................................1TASK 1..........................................................................................................................................11.1 A profile of SME identifying its strength and weaknesses..................................................11.2 Comparative analysis of Quantum technology marketing limited.......................................2TASK 2...........................................................................................................................................32.1 Appropriate action to overcome weaknesses of businesses..................................................32.2 Ways in which existing performance....................................................................................4could be maintained and strengthened.......................................................................................42.3 New area in which business could be expended..................................................................5TASK 3...........................................................................................................................................53.1 An assessment of business objective and plan......................................................................53.2Business plan to incorporate appropriate changes.................................................................63.3 An action plan to implement changes...................................................................................7TASK 4............................................................................................................................................74.1 The impact of of proposed changes on business and its personnel.......................................74.2 Plan for managing changes in businesses.............................................................................84.3 Monitor improvements in the performance of businesses....................................................9CONCLUSION...............................................................................................................................9REFRENCES................................................................................................................................10.......................................................................................................................................................11
INTRODUCTIONSmall businesses enterprises are owned by an individual or group of people in order tomaximise profit. These are the firms which are being able to apply for government assistance andsupport. They are qualify for governmental tax policies that are depending on country and firm.The owners of small business are responsible for managing and controlling all activities of theirfirm. Quantum Technology Marketing Group limited is most popular small business enterprisewhich provide marketing tools and services for technology firms in united kingdom as well asinternationally(Aremu and Adeyemi, 2011). It provide account based marketing services andthey give event registration facility to generate demand and promotional webinars. Quantumtechnologies is described as umbrella term for all tools and techniques that make proper use oftechnologies to attain new goals and objectives. This is leading business which work for earnhigh scale of profit.TASK 11.1 A profile of SME identifying its strength and weaknessesThe small business organisations are owned by individual or a small group of people whowork for common purpose. Quantum technology marketing limited is a well known privatelimited company which have high amount of share capital. It is founded in 1998, and it is basedon reading. Additional offices are in united kingdom, Ireland, India and Russia. The companyhas start their business with 10 directors and secretaries. Manjinder Dale, Mr Kevin James, MrLoman, Antony Mitchell Crawte are director of the organisation. They all are start up Quantumtechnology marketing limited with equal share capital in order to earn high amount of profit.Companies director and secretaries are the major shareholder who get advantage of profit. Themajor purpose of this organisation is to satisfy their customers through products and services.Quantum technology limited is a marketing company which promote other brands andproducts at market place. It render account based marketing services to their clients. It hasproducts related with technology which are helpful in promoting others.The basic objective of this firm is to provide best services to their clients. They havecustomers and clients who are related with technology sectors. Their major purpose is toconduct high profile promotional activities for their clients and customers.1
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