Verdant Leisure: A Small Business Management Report and Analysis

This report provides a comprehensive analysis of Verdant Leisure, a small tourism and hospitality company in the UK. It examines the importance of managing and running a small business, focusing on resource allocation, financial resource management, and the application of business objectives. The report delves into customer relationship management processes, including identification of demands, customization, and procedures. Furthermore, it explores the development of transnational business opportunities, outlining the benefits, drawbacks, and recommendations for overcoming challenges. The analysis also covers cash flow forecasting, break-even analysis, and key financial statements for successful management. The report highlights the importance of proper human resource management and the impact of external factors on small business operations, providing valuable insights into the strategic aspects of running a small tourism business.

MANAGING AND
RUNNING SMALL
BUSINESS
POSTER

AN
Managing and running small business
INTRODUCTION
Managing and running small business is highly crucial for gaining wider competitive levels of exploration for
reaching new levels of competitive products and services through which keen synergy of operational efficiency shall
be focused to be brought under wide paradigms. Tourism and hospitality industry is widely gaining higher
advancement among various operations where there are various new small companies and small ventures coming up
in UK which further aims to be widely focusing for gaining new levels of metrics where consumers preferences shall
be focused on. Verdant Leisure is small resort and tourism company focusing to provide various accommodation
facilities for customers in UK. The report presents factsheets analyzing enterprise plans, how allocation of resources
are widely done for reaching profit objectives for developing strong customer relationships also among various
management paradigms including analysis of benefits and challenges of expansion onto transnational operations.
Factsheet further analyzes cash flow forecast, evaluation of budget and how various paradigms within financial
statements shall be worked on for gaining new fundamental development and financial profits. There is further
anlsysis of varied regulations and legislations which are widely important for small business or social enterprise for
gaining higher effective targets and functional approach.
ACTIVITY 1
Application of various resources and linkage with business objectives
There are various resources, management requirements which further pertain onto wider metrics which also
link with developed business objectives for reaching onto higher synergy of innovation and stronger determinants
where verdant Lesiure aims further within business scenario.
 Financial resource allocation: This is one of the most rapid and highly important business objective
which factors growth and strongly focuses to bring on rapid changes along with new rational synergy
of goals. Verdant Lesiure owners have to keep strong focus onto how resource allocation within
financial terms are worked on for developing new end customer oriented services which are gaining
wider demands among operations.
 The scope of project: It is highly important for deep evaluation of scope of various projects within new
business where owners are working forward with new ideas and wider functional advancement within
competitive business world. Verdnat Leisure shall focus to develop wide analysis on how much scope
is there within present project and how much relative advancement can be further achieved with
various metrics.
Tools and techniques for planning and allocation of resources
There are various tools and techniques for planning and innovative allocation of resources where wider level of
competitive yield can be reached on along with keen synergy of innovation and new rational focus onto leveraging goals for
gaining new functional advancement. Interrelationship composition among resources are widely important for gaining analysis
onto wider metrics and use of rational goals among management levels where leader focus onto for reaching new levels of
technical advancement and strong connectivity within stronger goals:
 Interrelationship diagram: Verdant Lesiure management shall be actively gaining wide focus for gaining analysis within
planning and allocation of various new resources through which keen synergy of innovation can be fundamentally
enabled and to reach onto higher yield s per competitive goals and wider demands among business. The
interrelationship diagram do not only pools on various parameters of stronger factors of interrelationship within
resources where digram highlights various metrics and functional efficiency demand to pertain onto new quest demands
for gaining larger value.
 Tree diagram of planning in resources: Owners and business managers also widely look upon exploring new metrics of
innovation and wider functional efficiency demands which are not only completely linked but shall also enable Verdant
Leisure to develop new end targets. Company shall allocate resources precisely by using wide metrics onto how much
factors of growth are present, what needs to be used within future demands and resources which are undergone.

Importance of planning and allocation of resources
The planning and allocation of resources are widely important for gaining effective business position and cost
effective utilisation of various development goals which further adds onto new metrics for Verdant Leisure which
aims to open up new customer focused services within all business value development parameters. It is highly
important for using innovative planning and using innovative allocation of various resources for using up new
technology with wide innovation and to yield onto higher competitive goals within tourism and hospitality industry.
Verdant Leisure being small management hospitality and tourism brand shall effectively use various innovative
planning methods to keep dynamic functionality strongly programmed for keeping new goals developed as per
competitive levels.
Main considerations of small business management
Small business management has various parameters of business operations which are highly important to
consider for gaining on new levels of expansion and ken synergy of innovation among various operations to reach
the relative advancement among future progression. Verdant leisure being small company within tourism and
hospitality management industry shall focus onto wide paradigms of relative balanced use of finance, leveraging
synergy of operations within new levels of potentiality through which wider functional efficiency shall be
achieved .
 Proper human resource: Verdant Leisure shall focus on building strong competitive human resource teams
where there are various employees with talented skills and new working functional parameters to pertain onto
wider consumer demands. The management should focus for bringing on wider goals for ranging higher new
determinants of competitive goals and profit paradigms where business holds wide expansion opportunities.
 External factors emergence: The external competitive factors within business world are highly growing with
emergence of new rational goals where rational profits shall be worked on with wide advancement and rapid
keen synergy of innovation as per wider business goals. Verdant Lesiure has to competitively focus onto
various paradigms for keen synergy of operational efficiency where resource allocation shall be widely
focused on to keep relative advancement and also leverage onto new working fundamentals.

ACTIVITY 2
Customer relationship management process
The customer relationship management process is widely growing as one of the most rapidly important
growing important arena within business where companies have to focus for rapidly growing within competitive
business world to gain new goals of larger profitability paradigms. Customer relationship is widely important for
gaining new level expansion with new horizons for building more goodwill parameters and widely gaining new
potential frameworks through which business is expanded strongly. Verdant Leisure with customer relationship
management process shall be segmenting its target customers rapidly among industry determinants for gaining wider
metrics, new goals and wider synergy of innovative development through which higher capabilities can be framed
for serving them with new functional synergy.
Elements of customer relationship management
Identification of various demands: Hospitality industry is widely growing with varied competitive levels and new
horizons of innovation where company shall be focusing to built on wider steps by identification their current
demands and new end goals for gaining functional goodwill. Customer relationship management is highly important
through which potential keen synergy is developed as per wider business market scenario where Verdant Lesure
aims to work forward.
Customisation factor: The customisation factor is also widely gaining new scope among tourists and customers
from various segments within national and international countries where tourism and accommodation factor is
widely coming in demand for higher functional demands. Verdant Leisure shall aim to bring in customisation factor
through which synergy of strong innovative marketing is established as per demands among industry standards
through which technical advancement is built on among brand name.
Procedures of customer relationship management
The procedures of customer relationship management start by
focusing towards various paradigms of how relative marketing in digital
platforms shall be built on by brand Verdant Leisure where business shall
use new scale synergy of innovation, strong metrics of various strong
technology for gaining goodwill. Tourism and hospitality business is
blooming up with high competitiveness where yield towards functional
efficiency, potential expansion towards varied global markets are highly
strong through which customers interaction goals can be fundamentally
expanded. Verdant Leisusre further aims to bring on new metrics of higher
innovation, quest to focus towards gaining new levels of higher interactive
social media handles which not only brings on rapid goodwill factors but
also develops new end goals for productive development of profit margins
into new metrics.
Development of transnational business opportunities
The verdant Leisure shall be focusing towards development of transnational business opportunities where there are
wide competitive factors of growth available in business scenario for gaining on new metrics of strong fundamental
decisions. The tourism and hospitality industry shall be working and highly growing among various consumer
demands factor for bringing on new metrics and world level explorative synergy where profitability and goodwill
potentialities are widely huge.
Benefits: Verdant leisure by transnational business opportunities can not only rapidly reach onto wider levels of
customer segments where there are wide business opportunities and higher goodwill composition for gaining new
relative util through which brand shall be able to develop new end goals. The company will be able to build wider
goodwill force and new customised innovative diverse services where customisation shall be more actively involved
further for reaching onto new metrics.

Drawbacks: The Verdant Leisure with going under transnational business opportunities have to take high risks
within the financial investment parameter, new end goals formulation for bringing on strategic investment through
which wider technical advancement shall be increased . Also the brand faces tough competition from external forces
where there are wide changes coming up into international tourism and hospitality business within world which is
also widely dynamically growing among competitive levels.
Recommendations for overcoming challenges of developing transnational operations
There are various parameters which shall be explored for overcoming challenges of transnational operations where
company aims to bring forward various new investment horizons, systematically expand its natural resource
utilisation factor through which wider synergy of innovation can be developed within the base. International
expansion is widely developed by focusing onwards by building new levels of expansion practical decisions where
investments of capital and management leaders, employees should be done by analysing various economic, political,
legal and wide business factors where compny is planning to expand. This will potentially make sure that Verdant
Leisure shall be gaining new paradigms of keen synergy for innovatively developing wider goals of technical
expansion and also explore various factors through which technical advancement shall be further built on.
BENEFITS AND CHALLENGES OF
TRANSNATIOANL OPERATIONS
 BEENFITS: Verdant leisure will be
able to develop wider international
reach by working out expansion into
international market hemisphere
where there are wide businsess
opportunities
 CHALLNEGES: Higher investment
and uncertain business scenario
Importance and application of cash flow forecast: The importance of cash flow forescast can be understood from the
fact that it enables to bring on various evolving business avenues where factors of how much costs are at utilisation,
and resources through which future growth producing effective targets. Cash flow forecast shall be focusing to bring on
evocative yield force within competitive use of resources where the rational focus to pertain onto higher rational
synergy is high. Cash flow forecast is also keen presentation of various resources which further brings on rapid use of
innovation and large scale development among cooperative levels.
Importance and application of break even analysis: Break even analysis can be understood as one of the most
prominent and highly used financial statement development technique which helps in assessing how much accurate use
of all resources are happening in company. It also factors out varied levels of resources which shall be governed by
owners for analyzing how much future generation and demand for innovation is there. It also enables to analyze that
fixed cost and variable costs which assists further to manage business of brand in company to greater extent for
bringing on an impactful position of goodwill and stronger synergy of innovation among various paradigms.
ACTIVITY 3

Key financial statement for contribution of successful management
There are various ways and types of financial statements which shall enable Verdant Leisure for analysing the working
progression of company for aiming to reach onto wider profit goals for gaining on stronger functional efficiency and
wider goals segmented within.
Balance sheet: This is one of the most used and highly recommended financial statement used by company in order to
analyse how much resources are used as inputs, and how much profits brand is able to receive from various business
scenario fundamentals. This will also assist verdant Leisure for strongly developing new successful horizons of
efficiency and company to analyse various future getaways for higher productive decisions. Balance sheet also highly
attracts various investors and business for reaching onto higher keen levels of competitive strength which will enable
Verdant Lesiure for technically exploring various new business opportunities.
Profit and Loss: This statement makes strong record of all income and expenses which company has been incurring
within course period of time and how much resources are used in for various investment levels. Profit and Loss will
also ensure Verdant Leisure to keep developed functional efficiency at all levels by strongly focusing to build on
effective expenditure targets and also factoring growth for bringing on new synergy of development. Higher expenses
shall be analysed and focused to keep strongly at balance as per futuristic demand levels for new technical
advancement.

Cash flow forecast and Break even analysis
 Cash flow forecast aims to bring on various metrics onto how much resources shall be used and factoring
growth opportunities for business where new investments shall be channelled among business levels where
Verdant leisure aims to focus for yielding onto higher levels of functional expansion. The cash flow predicts
that Verdant Leisure is undergoing good phase of operations where all income parameters are balanced
and also there are wide paradigms to bring on various determinants for gaining new synergy of strong
functional strength through which wider marketing investments can also be undertaken within future.
 Break even analysis also shows that Verdant Leisure is at good and stable position where all fixed factors
are evenly met among various metrics and also there are wide fragments which enable to analyse variable
costs are also effectively met. The firm will be able to potentially expand into various business scenarios
where there are wide advancement available for bringing on new metrics which also further brings on
keen synergy of strong working rational development among competitors within tourism and hospitality
industry.

Key Legislations and Regulations That Can Have an Impact on the Small Business Organisations and Social
Enterprises
There are various regulations, laws, policies and legislations that are mandated by the governing authorities
of UK which can have a significant impact on the operations and functions of all small sized business organisations
and social enterprises such as Verdant Leisure (Motter and Santos, 2017). The most significant of these legally
mandated rules, laws, regulations and legislations are as follows:
The Health and Safety at Workplace Act (1974):The health and safety at workplace act was created in 1974 and is
mandated by the government of UK for all business organisations to adhere to. This act mandates that the
leadership and senior management of Verdant Leisure need to provide the organisational employees and workforce
of the small sized business organisation with a healthy and safe operational working environment which does not
jeopardise the health or safety of any of their organisational employees or labours in any manner (Mendes and
et.al., 2017). According to this legally mandated legislation, the leadership and senior management of Verdant
Leisure are legally required to provide their employees and workforce with all the necessary safety equipment such
as safety shoes, safety googles, helmets etc., which they might require for their daily operations towards being able
to guarantee their physical health and safety while at workplace.
Minimum Wages Act (1998): The minimum wages act was created in 1998 and is also legally mandated by the
government of UK. This legally mandated legislation also has a significant impact on the operational and financial
functions of Verdant Leisure, as this act mandates all business organisations including Verdant Leisure to at the
very least pay their employees and workforce the minimum hourly wages that have been set by the government of
UK in order to protect the employees from being discriminated or adversely used by the business organisation.
This act mandates that no employee or labour of Verdant Leisure can be paid less than the minimum wages that
have been set by the UK government.
ACTIVITY 4 (LO4)
CONCLUSION
Based on the findings of the report, it can effectively be concluded that effective management and adherence to the
legally mandated legislations and regulations is immensely important towards the successful operations of a small
sized business organisation or social enterprise. This poster analyses the key considerations that a small business
has to make when planning and allocating its organisational resources in order to accomplish its organisational
objectives. The poster also evaluates diverse processes of managing customer relationship within a small sized
business organisation such as Verdant Leisure. Then the poster assesses how small sized business organisations
such as Verdant Leisure can develop transitionally and the benefits and drawbacks that they would face. Further the
poster creates monthly cash flows that showcase variable and fixed costs of Verdant Leisure and analyses how
break even analysis can be applied to Verdant Leisure.Finally, the poster identifies the key regulations and
legislations that can have an impact on the operations of small sized business organisations such as Verdant Leisure

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