Analysis of the business using comparative measures of performance

Unit 33 Small Business Enterprise Free - BTEC National in Enterprise and Entrepreneurship

Introduction: Small business enterprise and its expansion and development procedure

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Task

Question 1: In the above scenario of a small business enterprise, produce a profile of a selected small business identifying its strengths and weaknesses (AC 1.1)

Question 2: Carry out an analysis of the business using comparative measures of performance (AC 1.2)

Question 3: Recommend with justification, appropriate actions to overcome the identified weaknesses in the business (AC 2.1)

Question 4: Analyse ways in which existing performance could be maintained and strengthened (AC 2.2)

Question 5: Recommend with justification, new areas in which the business could be expanded (AC 2.3)

Question 6: Produce an assessment of existing business objectives and plans (3.1)

Question 7: Prepare an action plan to implement the changes (AC 3.3)

Question 8: According to Brett Graham, the entire analysis took a positive response from each of their client when they have surveyed for their new business plan. In fact the survey have reported that the entire session had its best effect with much a satisfied people encouraging them in going with their plans of bringing change to their existing infrastructure (Ackermann and Audretsch 2013).

Question 9: Report on the impact of the proposed changes on the business and its personnel (AC 4.1)

Question 10: Plan how the changes will be managed in the business (AC 4.2)

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