Entrepreneurship Development Report on Little Angels Business Model

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Added on  2023/01/09

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This report examines the entrepreneurship development of Little Angels, a proposed business offering soft play areas in shopping centers. The report begins with an introduction to entrepreneurship development and then outlines Little Angels' product, its investability, profitability, and lean entrepreneurship opportunities. It proceeds to analyze the business using a value proposition canvas, detailing customer jobs, pains, and gains, and a business model canvas. The report also presents lean hypotheses aimed at increasing customer satisfaction and loyalty, and discusses data collection methods for business research, including field research, observation, and surveys. Finally, the report concludes that entrepreneurship development enhances the skills of entrepreneurs, enabling them to make informed decisions. The reference section includes citations from Kumar (2017) and Maxwell et al. (2018).
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Entrepreneurship
Development
PART A
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Introduction
Name of product
Reason that the product is investable profitable and lean entrepreneur opportunity
Detailed value proposition canvas
Business model canvas
Follow Up Lean Hypotheses and Business research
Conclusion
Reference
Table of content
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Introduction
Entrepreneurship development refers to an aspect of
enhancing knowledge along with skill of entrepreneurs
via several training or programs.
The presentation is based on Little Angle's by Bobby
which is a new business in UK that aims to develop soft
play for kids in big shopping centres. It will help
parents to shop in peace through letting their children
play.
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Name of product
Little Angels is the soft
play which will not only
help children to play when
there parents are shopping.
Many parents wants to
shop in peace and Little
Angels is best offering that
can make it happen.
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Reason that the product is investable
profitable and lean entrepreneur
opportunity
Little Angels is one on investable and profitable
product as this type of product is not available in
market that assist parents in shopping peacefully in big
shopping centres while allowing their children to play.
It will provide learning and development solutions for
children and help the shopping centres in generating
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Detailed value proposition canvas
Value proposition canvas is said to the framework of tool that assist in
ensuring that organisational product is positioned as per values and
needs of customers.
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Customer profile
Customer Jobs: It represents activities which customers
required to be completed, problems to be solved as well
as desires that they are trying to meet.
Customer pains: On the basis of customer jobs, Little
Angels will identify issues, situations which can face
while seeking need satisfaction.
Customer Gains: These describes outcomes and
advantages which customer expect and will be surprised
from product.
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Value Map
Product: These are the offerings of enterprise that will
develop gain as well as relieve pain.
Gain creator: It defines about the ways products creates
customer gains as well as offers added values to
customers.
Pain reliever: It includes the ways products will
alleviate customer pains.
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Business model canvas
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Lean hypothesis for Little Angels is to provide ways to
increase customer satisfaction through spending more
on entertaining their children while they shop. The
other is to enhance loyalty of parents on kids soft play
in shopping centres.
Data collection for Little Angels will be done through
field research, observation method and surveys.
Follow Up Lean Hypotheses and Business
research
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Conclusion
The presentation concludes that entrepreneurship
development supports entrepreneurs in advancing their skills
through training along with learning classes. This makes
entrepreneurs to make effective judgements and sensible
decisions for future activities.
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Reference
Kumar, K. N., 2017. Microfinance for entrepreneurial
development: Study of women’s group enterprise
development in India. In Microfinance for
Entrepreneurial Development (pp. 53-71). Palgrave
Macmillan, Cham.
Maxwell, O. A. and et. al., 2018. Entrepreneurship
curriculum contents and entrepreneurial development
of university students in Nigeria. International Journal
of Entrepreneurship. 22(1), pp.1-9.
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