• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month
Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4
  5. 5
    5
  6. 6
    6
  7. 7
    7
  8. 8
    8
  9. 9
    9
  10. 10
    10
  11. 11
    11
  12. 12
    12
  13. 13
    13
  14. 14
    14
  15. 15
    15
  16. 16
    16
  17. 17
    17
  18. 18
    18

business development

Extracts from this document...

Introduction

Here are my strengths and weaknesses including my: * Educational background * Financial strengths * Commitment * Personal qualities * Prior experience * External contacts, resources etc STRENGTHS WEAKNESSES Knowledge of finance Lack of own funds Studying business A levels I am not up to date with business related issues Work experience in the Turkish Bank and Accountants Spending my own time for family businesses Funds from family Organisational skills I'm healthy I do not have enough experience of working by myself I have worked in an off-licence Not enough external contacts for setting up and running the business I am energetic Well motivated Hard working Punctual I have accounting skills such as: keeping the financial data of businesses I also have banking skills such as: opening different types of accounts, writing cheques for businesses etc. Brainstorm of potential Business ideas Research 1. hand made jewellery: PURPLE DRAGON ACCESSORIES Here are the hand made bracelets that they have made: When you click on a image the details come up: Contact information: 2. ...read more.

Middle

Personal fit 7 Degree of risk 7 Funding needed 7 Ease of start-up 5 Short-term potential 6 Level of preparation 6 Competitive threats 5 total 43 FACTORS: Lessons for Special Needs Students SCORE (0-10) Personal fit 9 Degree of risk 8 Funding needed 9 Ease of start-up 8 Short-term potential 7 Level of preparation 7 Competitive threats 3 total 52 FACTORS: Sandwich Bar SCORE (0-10) Personal fit 9 Degree of risk 7 Funding needed 6 Ease of start-up 6 Short-term potential 6 Level of preparation 5 Competitive threats 4 total 44 FACTORS: Customising Cars SCORE (0-10) Personal fit 7 Degree of risk 7 Funding needed 6 Ease of start-up 5 Short-term potential 5 Level of preparation 5 Competitive threats 4 total 39 FACTORS: Bakery SCORE (0-10) Personal fit 8 Degree of risk 7 Funding needed 4 Ease of start-up 6 Short-term potential 8 Level of preparation 5 Competitive threats 3 total 41 FACTORS: Phone Accessories SCORE (0-10) Personal fit 9 Degree of risk 8 Funding needed 6 Ease of start-up 5 Short-term potential 6 Level of preparation 5 Competitive threats 7 total 46 FACTORS: Hand Made Jewellery SCORE (0-10) ...read more.

Conclusion

* Hard work Cons * Takes up time to make the jewellery * I need external contacts to order my jewellery components * Lack of my own funds * Organisational skills Flower Stool Pros * Easy to start up * Cheap * Customers are always available * No skills needed * Need to be energetic Cons * To many already * Need organising * Highly competitive Customising Phones Pros * Need experience on designing * Funds from family * Communications skills Cons * Organisational skills * External contacts * Lack of own fund * Hard work SWOT Analyses of the 3 ideas Handmade jewellery STRENGTHS WEAKNESSES The strengths for this business idea is that i am experienced on how to do handmade jewelery as i have worked in this business before. OPPORTUNITIES THREATS Hand Made Bracelets The reason for me to choose hand made jewelleries as my first choice is because I have experienced it before and I believe that I can make high-quality designs. Also because i enjoj making my own designs and spending time on making jewellery. ?? ?? ?? ?? Unit 8: BUSINESS DEVELOPMENT GOKCE DAYAN 1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Structures, Objectives & External Influences section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Structures, Objectives & External Influences essays

  1. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    Nick Clegg, the head of the Liberal Democrats, is the deputy Prime Minister. They have had to compromise on some of their objectives in their manifesto to be able to work together. The Conservatives are trying very hard to bring us out of the recession and they are making cuts in a lot of areas.

  2. Describe the legal and financial aspects that will affect your business start-up.

    Pricing policy There may be times when the business may be prepared to sell for cost or below cost - special promotions, offers; however a business must charge sufficient for its product to cover cost and provide sufficient reward for its owners.

  1. Btec National Business Level 3 Year 1 - Exploring Business Activity

    the production manager reports to the general managers. Division of work: The structure of the two businesses can show clearly how work will be divided up in an organisation. For example: * Who is responsible in Oxfam for dealing with customer complaints * Who is responsible in both companies

  2. Explain the purpose of keeping accurate financial records.

    In return sole traders have all the control of the business and enjoy all the yearly profits obtained. The legal structure of a sole trader is that it faces unlimited liability for the debts which may be incurred, and this is referred to an unincorporated- this means that there is no legal difference between the business and the owner.

  1. external influences on a business

    don't sell any faulty products to customers and if they accidentally do then they have to give refunds to the customers otherwise they will be violating the law. If they were found doing his they will be sued or taken to court.

  2. Applied Business Studies Unit 1: Investigating Business

    to build a new factory on, they would more than likely need to get planning permission to do this. The European Market The main way that Martin s effect by the European market is: * Laws affecting the importing and exporting good (for when they sell abroad (in Europe))

  1. Financial accounting

    Mar 31 Returns in 12.60 Mar 31 Balance c/d 173.60 234.50 234.50 Apr 01 Balance b/d 173.60 15 Stock A/C � Mar 31 Trading 38.00 Sales Ledger Office services Mar 1 Sales 338.40 Mar 17 Sales return 84.60 Mar 31 Balance c/d 253.80 338.40 338.40 Apr 01 Balance b/d 253.80

  2. Investigating Business. Tesco PLC. I will be describing the aims and objectives of ...

    Large units for non-food retailing are much more readily available at these outlets. ? One Stop stores are the very smallest Tesco stores; one stop is the only outlet that doesn?t use the Tesco name. These stores work on a different pricing to all the other store formats and are also distinguished by their later opening hours.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work