Introduction to Business

pptx

School

University of West London *

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Course

MISC

Subject

Business

Date

Nov 24, 2024

Type

pptx

Pages

12

Uploaded by CommodoreKudu2300

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Introduction to business Lecturer: Dr. Ambrose Student: Cezar Andrei 21533087 Andreea Andrei 21533087 Cristiana Mocanu 21533090 Gabriel Vladan 21533091
Purpose of the presentation We would like to introduce you to our business idea We will talk about what we want to do, about the category of clients and what our goals are We will also talk in principle about the structure of the business
Flower power LOCATION Columbia Rd, London E2 7RG Structure Partnership Floristry is the production, commerce, and trade in flowers.
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Disadvantage s Add a Title You are in control Flexibility Your personal data is kept private Simple accounting process Advantages SOLE TRADER ADVANTAGES & DISADVANTA GES Perception as a 'small business’ Raising finance The burden of being the sole decision maker Add Some Brief Text Here This is Just a Demo Text So Consider Replacing This With Your Own Mel (2012). The advantages and disadvantages of being a sole trader vs a partnership | Redmans Solicitors . [online] www.redmans.co.uk. Available at: https://www.redmans.co.uk/the-advantages-and-disadvantages-of-being-a-sole-trader-vs-a-partnership/ .
Pro&Contra General Partnership Simplified taxes t Less paperwork You have an extra set of hands. Moral support and motivation Management issues You have to split profits Loss of autonomy. Unbalanced compensation. Mel (2012). The advantages and disadvantages of being a sole trader vs a partnership | Redmans Solicitors . [online] www.redmans.co.uk. Available at: https://www.redmans.co.uk/the-advantages-and-disadvantages-of-being-a-sole-trader-vs-a-partnership/ .
We want partnership because: A partner will give you more time to pursue attractive business opportunities that you would not have time to pursue as a one- person operation by sharing the labour. Business decisions are rarely black and white — and it's even rarer to be certain that your decision is 100 percent correct. Having a partner means having two sets of eyes to look at a problem and come up with a solution, giving you confidence that you made the best decision. When you're buried in day-to-day operations, you don't always have time to consider alternative methods of doing things or track every change in the marketplace that may present opportunities. A partner can provide a fresh perspective and help you see H&H Accountants. (2015). Sole Trader, Partnership, LLP or Limited Company? [online] Available at: https://www.handhaccountants.com/accountancy-advice/should-i-be-a-sole-trader-partnership-llp-or-limited-company/ .
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Marketing strategy People middle and lower age, both gender, creative, open minded with middle or higher income We are here for all categories of people, from young to old, whether they are women or men.
• Very high-quality floral design service • Florists make arrangements chosen individually for every customer, creating unique work, always improving their skills and knowledge Flowers from all other the world the supplies are very perishabl e s w O T Growing up Developing online selling Stores in area offering same service, quality, type, style.
Organisational structure diagram Organizational structures are used by businesses to illustrate job roles and responsibilities. Organizational structures indicate to whom each employee reports in their position. Director Accounti ng manager Sale team Floral Designer Courier Sale Assisten s
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CONCLUSIO N We have reached the end of the presentation. I have covered all the necessary points of the business. I highlighted the pros and cons. We are sure that the business idea will attract the attention of the clients. And in order to succeed, we need capital for this we hope to get the consent of investors
Reference list 1. Team Flower Blog. (n.d.). 7 Simple Steps to Starting Your Floral Design Hustle . [online] Available at: https://education.teamflower.org/learn/business/ssl/seven-steps-to -start-a-floral-side-hustle . 2. H&H Accountants. (2015). Sole Trader, Partnership, LLP or Limited Company? [online] Available at: https://www.handhaccountants.com/accountancy-advice/should-i-b e-a-sole-trader-partnership-llp-or-limited-company/ . 3. Mel (2012). The advantages and disadvantages of being a sole trader vs a partnership | Redmans Solicitors . [online] www.redmans.co.uk. Available at: https://www.redmans.co.uk/the-advantages-and-disadvantages-of- being-a-sole-trader-vs-a-partnership/ .
THKANKS FOR LISTENING WITH PATIENCE
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