Entrepreneurship: Innovation at your Door - Business Report

This report delves into the realm of entrepreneurship, emphasizing the creation and operation of a new business venture. The report focuses on 'Innovation at your Door,' a company specializing in electronic products, including innovative technological items and decorative lighting. The report discusses the company's unique selling proposition (USP), highlighting its focus on innovative products and customized designs. It also compares 'Innovation at your Door' with a competitor, UK Electronics Ltd. The report concludes by emphasizing the importance of business planning, operational strategies, capital management, and investor relations in establishing a successful entrepreneurial venture. The report also includes references to relevant academic sources.

Entrepreneurship in Business

Table of Content
• Introduction
• Pitching
• Conclusion
• References

Introduction
Entrepreneurship refers procedure in which an individual launch
and run their new business which can be big or small. An individual
who launch a new venture is known as entrepreneur. In this mainly a
person start a new business operation which is unique and creative in
order to earn profit or serve society.

Pitching
The new business that is proposed to be launched would be launched
under the name of “Innovation at your Door”. This business would
be operating and functioning within the electronic sector and
providing a wide range of electronic products which make life of
potential customers easy and standard.

Cont...
Further the USP of this upcoming venture will be that the products
made by this organization will be that they are manufacturing
innovative technological or electronic products. Along with this they
design and manufacture decorative lamps and fancy lights according to
demand of customers. This indicates that the items sold by this venture
would be totally new and based on latest technology which attract
customer.

Cont...
The Innovation at your Door company is effective and appropriate
then other competitive company. This is so because they are providing
variety of innovative and creative products at their store which can
attract more and more customers in effective and appropriate manner.
Such as by comparing Innovation at your Door with one of existing
electronic company i.e. UK Electronics Ltd.

Conclusion
From above discussed point it can be conclude as well as analysis
that now a day there is trend of establishing an Entrepreneurship
through which owner able to earn profit as well as generate
employment opportunities for other. But for establishing an effective
and appropriate new venture an individual or entrepreneur have to
develop various strategies related to business plan, how to operate,
capital, investors and many more.

References
• Bridge, S. and O'Neill, K., 2012. Understanding enterprise:
Entrepreneurship and small business. Macmillan International
Higher Education.
• Burns, P. and Dewhurst, J. eds., 2016. Small business and
entrepreneurship. Macmillan International Higher Education.

Thank You