the local business environment in the Leicester. My chosen business is eastern European restaurant. Product Market This restaurant will be aimed at a niche market for European people who live in Leicester. They are a lot of people from Eastern Europe like Poland‚ Latvian‚ Lithuanian and it will help to me make a profit. I look for European public‚ because I see there are lots of Asian restaurants in Leicester and not many European. Sector and industry changes This business falls into
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dream of having their own business. The mere thought of the financial cost associated with starting a new business can be overwhelming‚ not to mention the sheer amount of legal responsibilities that come along with starting a business. In addition‚ there is the concern of achieving a sustainable cash flow once the business is up and running. These fears can result in the door of opportunity slamming shut in one’s mind. With a ferocious appetite for independence‚ hard work‚ and a creative and open
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Be Your Own Boss Virtually everyone at some point in time dreams of being their own boss‚ for many that means owning a business. That however is much easier said than done. There are many steps to starting and owning a business‚ a mistake on any of them can derail‚ postpone or kill that dream. The most important step to starting a business is to develop a viable business plan. A business plan will layout the remaining steps and help ensure fewer mistakes are made. In addition to developing
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Some people like to work in manual labor; they can’t sit behind a desk and push papers around like other people. The thing that John Stossel is saying is that you don’t have to go to college in order to be successful. He said‚ in college you don’t really learn much‚ mostly all the knowledge you have comes from high school‚ but is a scam? No it’s not a scam they might charge a bit much in tuition but you have to make a budget for yourself. You don’t have to go to your dream school you get
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CU744 - Evaluate and Improve Own performance in a Business Environment. 1.1 Explain the purpose and benefits of continuously improving own performance in a business environment. This improves the quality of my work which in turn proves that I am capable of further responsibility. More experience and responsibility could be useful in gaining future job roles. 1.2 Explain the purpose and value of encouraging and accepting feedback from others. The purpose of feedback is to let me know what
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Division of Business | Course: HNC/HND BUSINESS MANAGEMENT LEVEL 4 | Year: 2013 | Student Name: | Unit 1: Business Environment | Lecturer: | Date Issued: | Completion Date: | Fail Pass Merit Distinction P1 | P2 | P3 | P4 | P5 | P6 | P7 | P8 | P9 | P10 | P11 | P12 | P13 | P14 | P15 | P16 | M1 | M2 | M3 | D1 | D2 | D3 | | Learning Outcomes:On successful completion of this unit a learner will:1. Understand the organizational purposes of businesses2
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|Edexcel BTEC HNC/HND Business Management | |Unit Title: |Unit 1 |Date Issued | |Business Environment | |Week beginning 11/02/13 | |Student Name |Student ID |Due Date – 03/06/13 | |Lecturers Name:
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reOll: vawe: I You may have noticed - through work experience or a part-time job - the different types of resources that businesses use to perform effectively. These resources come from four different areas: human‚ physical‚ technological and financial. Human resources are anything that relates to people in the business - for example‚ staff and managers. Physical resources are those that are physically used by the business - for example‚ land‚ raw materials‚ buildings or equipment. Technological
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Being Your Own Boss Have you ever imagined yourself owning your very own business? Most people have done this at least once in their lives. When people think of owning their own business they usually imagine making lots of profit‚ working once a week‚ and never being worried about being fired or laid-off. Though this is true for a few people‚ most entrepreneurs have to work countless hours and extremely hard for the success of their business. There are many differences in working for someone else
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Starting your own business can be an immensely rewarding experience. The potential upsides are huge since‚ as a business owner‚ you will be in control of all aspects of your financial destiny that can make your life so much more fulfilling. But where do people find the motivation to get started? Where does the drive come from to make a business idea move from just a dream to a full blown reality? Most people would agree that you can’t get rich working for someone else. It just isn’t a common thing
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