Business Proposal Report: Entrepreneurship at Molly & Smith Pvt. Ltd.

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Added on  2023/01/19

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This report presents a business proposal for Molly & Smith Pvt. Ltd., a new venture aiming to manufacture and sell bamboo bottles in the UK market. The proposal outlines the company's aim to become a leading manufacturer while promoting environmental sustainability. It details the objectives, including increasing sales and raising awareness about the impact of plastic products. The report analyzes entrepreneurial theories, specifically the need for achievement and the theory of social change, as they relate to the business concept. It emphasizes the importance of a well-defined business plan for the success of any new venture, highlighting the potential rewards and the challenges involved in launching a new business. The report concludes that a well-structured business proposal is crucial for mitigating risks and achieving long-term success.
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INTRODUCTION
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This presentation is based on the New Venture, named as Molly and Smith Pvt. Ltd., which will
be a manufacturing business organisation that will offer customers with e-bottles made with
bamboo. since the environment is getting polluted due to many reasons like use of plastic and
other harmful materials, has not only impacted on the health of human beings but also affected
environment of this today’s world.
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Aim of the proposal: Without an aim or objectives, a business proposal cannot be developed.
This section can be considered as the root of the whole project where everything gets identified
and planned in a way, that it will offer the best out of it. Smith who is the owner of Molly and
Smith Pvt. Ltd., has kept his aim of building this new venture “To become the leading
manufacturer of bottles made up of bamboo in all over United kingdom and to support the
environment.”
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Objectives of the Business proposal : This proposal consists with a number of objectives and
these are : To enhance the sales by 20 percent every year, with taking in use of zero plastic or
any other harmful materials that could impact upon health of people and environment. Another
object that came in front that is To bring awareness among citizens of United kingdom, in
regards to what plastic products can do to both environment and health of human beings.
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MAIN BODY
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Entrepreneurial theories : In present context, there are two theories of entrepreneurship has
been taken into consideration and these are: Need for achievement theory and theory of social
change. If it is talked about need for achievement theory, then this is said to be one of the crucial
theory, which was undertaken by Smith, while identifying the business idea. Basically, this is
said to be the best approach as it made entrepreneur realise about the basic need that customers
are looking for. On the other hand, if it is talked about theory of social change then it is said to be
one of the crucial theory that has helped looking into the actual perception of targeted customers
towards plastic products and services, as it is directly affecting the environment and so on.
Including this, it will also be beneficial for the business firm i.e. Molly & Smith to consider the
business idea, that has been taken jnto consideration of bottles made up of bamboo as it is
creative jn nature.
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Without an aim or objectives, a business proposal cannot be developed. This section can be
considered as the root of the whole project where everything gets identified and planned in a
way, that it will offer the best out of it.
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