logo

Small business enterprise INTRODUCTION 1 TASK 11 1.1 Profit of small business enterprise

16 Pages4206 Words205 Views
   

Added on  2020-06-04

About This Document

3 TASK 25|1.1 Action to overcome the weaknesses which a company have.5 2.3 Recommendation for the new area for a business expansion 5 TASK 36 3.1 The assessment for the existing business plan an objective6 3.2 Revise the business plan to incorporate the changes 7 TASK 39 4.1 Impact of the changes on the business and its personnel9 4.2 Plan for how the changes will be managed in the enterprise9 4.3 Monitor the improvements in the performance of the business in a given period of time.

Small business enterprise INTRODUCTION 1 TASK 11 1.1 Profit of small business enterprise

   Added on 2020-06-04

ShareRelated Documents
Small business enterprise
Small business enterprise INTRODUCTION 1 TASK 11 1.1 Profit of small business enterprise_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Profit of small business with strength and weaknesses of the company. .............................11.2 Analysis of business using the comparative measures of the performance..........................3TASK 2............................................................................................................................................52.1 Action to overcome the weaknesses which a company have. ..............................................52.3 Recommendation for the new area for a business expansion..............................................5TASK 3............................................................................................................................................63.1 The assessment for the existing business plan an objective..................................................63.2 Revise the business plan to incorporate the changes............................................................73.3 Action plan to implement the changes..................................................................................8TASK 4............................................................................................................................................94.1 Impact of the changes on the business and its personnel......................................................94.2 Plan for how the changes will be managed in the enterprise................................................94.3 Monitor the improvements in the performance of the business in a given period of time.10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
Small business enterprise INTRODUCTION 1 TASK 11 1.1 Profit of small business enterprise_2
INTRODUCTIONBusiness segment use to play an essential role in creating more job possibility and try tolead help in the creating of more wealth so that the people of community can be able to live theirlife easy. Economy of a nation is a combination of different business, and from that all smallbusiness enterprise aids in developing the economy of any local region in proper manner. In thisassessment the example of a small business is caffe Finix it is a small coffee shop which isestablished in UK (A. Harris and P. Patten, 2014). In this report the strength and weakness is alsobeen done to know about its weaknesses and strength of small business enterprise. Thecomparison measure of the business is shown and there are various more information is beenwritten in the given report by which a learner can be able to understand the information whichare related to small business enterprise. TASK 11.1 Profit of small business with strength and weaknesses of the company. Small business is having a limited area to perform their operations and there are lessemployees to work in small business, and they do have limited number of resources with themand therefore they have to use all that accordingly. Caffe Finix is a small business enterprise inUnited Kingdom. They use to provide finest quality of coffee and various services which arerelated to ancillary services to the people which come to their coffee shop. They mainly focusproperly on their pricing strategies and quality measures as they can be able to attract morepeople towards their shop (Altman, Sabato and Wilson, 2010).Therefore they are very famous in their area. The person who had started this businesswas had limited funds with him, but because of their ability, hard-working they are increasing tohigh level, now they have many varieties of things such as tea, coffee, breakfast and food items.They are mainly famous for their coffee and people like to come here and enjoy their coffee withfriends and family.SWOT analysis This is most ideal approach to detail technique as indicated by limit of business. Itremains for Strength, opportunity, Weakness and Threat. This is utilized by association with thegoal that they can recognize its quality and shortcoming that gives help to make enhancements.
Small business enterprise INTRODUCTION 1 TASK 11 1.1 Profit of small business enterprise_3
StrengthWeakness OpportunityThreatsIt is key fragment thatstates openings whichare accessible inconcern. The capacityof firm satisfynecessarily and requestof industry is likewisethoughtful in quality.It gives upper hand toorganization inshowcase.The restriction existsin business. At somepoint, it influencesenterprise in negativeway. This makesprevention indevelopment andimprovement ofbusiness. It is part of conditionthat offers preferredstandpointtoassociation. It helps tosecure upper handover its rival. These are variables ofcondition that makesdeterrent in theaccomplishment oforganization. It makesboundaryinaccomplishingobjectives and goals.This is made becauseof horrible patterns inshowcase. Quality of Caffe Finixas:- Procedure forcreating qualityitem andadministration.Area ofbusiness i.e. athigh road atstrip mall. Brand anincentive inshowcase. Adaptability toreceiveadjustments. Following are thedefect of above firmas:- Absence ofvalue help. Frailsustenancedivision andhigh leasecharges. Abnormal stateof rivalry inshowcaseamong thisbusiness. Least incentiveto futuretechnique. Openings are as perthe following:- Diversifying oftheir businessis one of theimprovementopportunity. Greater interestin UK sincethis industry ismakingdevelopment. Converge withhuge scalebusiness. Dangers are as:- Contenders ofmarket. Changes inlegislativeapproaches andplan. Politicalflimsinesswhich cameabout intovariety inassessment andfinancing cost.
Small business enterprise INTRODUCTION 1 TASK 11 1.1 Profit of small business enterprise_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Report on Strength and Weakness of Small Business Enterprise
|17
|5373
|25

Small Business Enterprise Introduction Introduction 1 TASK 11
|20
|5696
|270

Small Business Enterprise Caffe Finix
|21
|6827
|43

Small Business Enterprise Report - Caffe Finix
|16
|5772
|67

Caffe Finix - A Small Business Enterprise
|16
|5503
|174

Importance of Small Scale Industries in UK : Report
|14
|5435
|92