A Business Proposal Introduction
Alexandra Palace is owned and controlled by the Haringey Local
Authority. Over the years Alexandra Palace has had two devastating
fires and as a result, has had to spend a large sum of money to
rebuild certain structures. It is a fact that Alexandra Palace is
losing a lot of capital each year. The cost of keeping it running
seems to be more than any gross profit made.
==================================================================
The aim of this piece of coursework is to create and present a
business proposal for Alexandra Palace, which is suitable to bring in
good income over a long period of time. There is more to Marketing
than, selling. The 4P's are the four different aspects of marketing a
product.
=====================================================================
Developing & Designing a Product:
Businesses must conduct market research/questionnaire in order to find
out what consumers needs are. All consumers have needs, these are the
basic things which we all need to survive.
E.g. - Food, Drink, Clothes, Warmth, Shelter.
Other than that, consumers also have wants. These are considered
luxuries and are the next step above the 'basic survival products'.
E.g. - Mobile Phone, Jewellery, Computer Games, Televisions.
Using the results from this research, companies then try to design a
service or a product, which can satisfy their needs or wants.
Getting the Price Right:
When a business is about to release their product onto the market they
must make sure that the price of the product is accurate. It must be
affordable for the customers, but must also allow the business to make
Approximately three miles west of Colorado Springs in the Pike National Forest, the Waldo Canyon fire of 2012 was the most destructive wildfire in Colorado history burning 18, 247 acres, killing two people, destroying 347 homes and damaging many more (City of Colorado Springs, 2013). In addition to property damages and loss of life, there were other damages caused from this wildfire to include wildlife, plant life, watershed and soil. Economic damages caused by this wildfire include firefighting costs, insurance claims, home displacement costs and business closures during the duration of the fire.
It is not possible to research the accuracy of their assumption of their target market due to the fact that they do not clarify the exact details of their target market. It is not clearly documented where the market size of “two million potential customers” is derived from, therefore, cannot be tested.
The Great Chicago Fire of 1871 was one of the largest disasters in American history. Practically overnight the great city of Chicago was destroyed. Before the fire there was a large drought causing everything to be dry and flammable, then a fire broke out in the O’Leary’s barn and spread throughout the city. Many attempts were made to put out the fire but there were too many errors and problems in the beginning. After the fire many people were left homeless and had to help build their city again (Murphy, 39)
Throughout recorded history, fires have been known to cause great loss of life, property, and knowledge. The Great Fire of London was easily one of the worst fires mankind has ever seen causing large scale destruction and terror. Samuel Pepys described the fire as “A most malicious bloody flame, as one entire arch of fire of above a mile long… the churches, houses and all on fire and flaming at once, and a horrid noise the flames made.” (Britain Express 1).
or save to your disk and use as an example in developing your own business plan.
Although small businesses do not make a lot of major deals with large investors, most small businesses create profit revenue greater than large corporations. Small business creators are very brave considering only ten percent of small businesses survive. Unfortunately, some communities do not support local small businesses; they only support the large brand name and force small businesses to die out. Since small businesses will not have a name brand known around the world, many people from communities will not support them because they are not known on a national scale. “This, in turn will affect the local economy and drive capital out of their local economy. On average, for every one hundred dollars spent in an economy, if spent on a
In the 21st century, small and large, private and public businesses are all aiming towards economic growth. The small business marketplace is extremely dynamic and the changes are fast. Here are some facts from the US Small Business Administration on small businesses. There are about 30 million small businesses in the United States and employ just over half of the country’s private workforce. They employ a staggering 40% of high tech workers such as computer professionals, scientists and engineers. More than half of the small businesses are home-based businesses and two percent of them are franchises. One of the most important aspects is the fact that a majority of innovations in the United States come from small businesses. In 2008, there were 627,200 new businesses that started, 596,600 businesses that were closed and 43,546 companies that filed for bankruptcy. According to business experts, of all the small business startups, one-third of them are profitable and successful, a third of them just about break-even and the rest of them are down with negative earnings Some buyer’s develops as independent business owners, while others are more likely to prosper as franchise owners. According to a recent report by the Small Business Administration (2007), the United States had approximately 26.8 million small business firms in 2006. In fact, as recently reported by Moutray (2006), most firms in the U.S., are very small and account for about half of the country's non-farm real GDP. Over the past decade small business has generated 60–80% of new jobs annually. In reality, there are easy answers to the independent business versus franchise dilemma. Although, a franchise system offers benefits to owners such as brand recognition, to inc...
Fire at any level can be devastating, yet the effects that wildfires have on every worldwide country really has left its mark on the land. As written by world renowned wild fire spokesperson Smokey the Bear, “Every year, wildfires sweeps through parts of the United States setting wilderness and homes ablaze. On average these raging infernos destroy about four to five million acres of land a year. But in 2012, wildfire burned more than 9.3 million acres, an area about the size of Massachusetts and Connecticut combined” (U.S. Wildfires). Destroying homes, crops, towns and of course forests. Yet the effects of these fires can be seen from a negative perspective as well as some positive. Plus there are natural causes as well as manmade that makes these destructive fires erupt and become almost unstoppable in seconds.
B Beautiful is thinking of doing a promotion to try and get more customers so the company will be more known. B Beautiful - nail bar, specialise in Jessica products. It is a medium sized shop located in the town centre Promotion Activity B Beautiful is thinking of doing a promotion to try and get more customers so the company will be more known.
A small business can be defined as a legal entity consisting of very few employees. Establishing a business such as a proprietorship is the least complicated among business structures. Proprietorships also have a major advantage over other business structures with regards to filing taxes. Profits generated by the business are taxed at individual tax rates thus avoiding the double taxation incurred by corporations. Local economies, government offices, schools and the unemployed benefit greatly from the growth stimulated by these companies. The taxes collected from small businesses and job creation makes small business a vital part of the community.
In the documentary “Call of the Entrepreneur,” three successful entrepreneurs, Brad Morgan, Frank Hanna, and Jimmy Lai, are presented to explain their views on entrepreneurship and in turn leadership. Brad Morgan is the owner of a million dollar dairy and compost company, Frank Hanna is a merchant banker in New York City, and Jimmy Lai is the founder of Giordano department stores and Next Media. A central theme of the documentary is how each of these businessmen displays the characteristics of persistence, patience, and perseverance to overcome frustrating obstacles and become successful. The film defines entrepreneurship and explains how the entrepreneur responds positively to consumer demands and is able to organize and direct others toward a goal only the entrepreneur can see. The film shows that though some entrepreneurs are driven by greed and some are not, the ones that are successful are answering the needs of consumers.
One constant is change. Technologies change, processes change, research creates and promotes change (Aguinis, 2013). A need for constant change and improvement exists in any organization to remain competitive in the global environment. This need to remain current in teaching and supporting the teaching and research at the College of Business requires that employees invest in their personal development. To assist with this, the college of business not only provides funds for professional development supports ongoing development through the development plan. The objectives of this plan, the content, and the development activities of the development plan for the College of Business will now be discussed.
SGM PC Depot is a start-up company that is designed to offer computer products and other gadgets. SGM PC Depot allows businesses and individuals to be informed of the latest trend in technology and grab it in the most accessible way through the internet. With SGM PC Depot, you can choose and shop a wide variety of computers, laptops, and gadgets at all times and you have 24-hour access to us. Customers can avail our products and our service by subscribing to our server on the internet.
find it difficult to set up a business and make it a success. This is
Negotiations occur every day in the business and personal environments. Depending on one’s perspective, business negotiations may have more importance or personal negotiations may have more importance. However, business negotiations, and personal negotiations are intertwining. Business negotiations can have an influence on personal negotiations and personal negotiation can influence business negotiations.