StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Marketing and Management of Small - Business Plan Example

Comments (0) Cite this document
Summary
The objective of this document is to provide an extensive business plan for picture framing and small craft workshop for furniture business. The plan includes a general strategy, marketing report, financial and capital management, cash flow, expected profit, et al…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Marketing and Management of Small Business
Read TextPreview

Extract of sample "Marketing and Management of Small"

Download file to see previous pages Creating a business plan is essential for small businesses to be able to develop a path for a strong business. Our business plan for picture and framing woodcraft furniture includes the capital, market selection, and business and management skills.
Our marketing report shows that since we are producing a furniture and picture frame at not so low price, therefore we are offering our furniture to those whose accept the fact that it is hard to produce very low priced furniture with quality. We are marketing our product to high and medium class people of Kent as well as throughout London. As described in our marketing report and analysis a proper strategy will be implemented to market the furniture.
Working capital is important in starting a small business. From here you will be able to start your business by selecting materials which are cheaper but of quality. The company wants to develop quality furniture for our customer but it has inadequate working capital. This may cause a failure of the business if we were not able to manage the cash well. Small business failure can inevitably be related to poor or careless financial management (Berryman, 1983; Peacock, 1985). Businesses can increase their capital by looking for a material which would not cost them a lot, or by looking for a lending company with low interest to be able to have enough capital for the business. The advantage of these actions is that it is beneficial to the company since they have additional capital but it could be a disaster if they were not able to manage their capital well. Others encourage small businesses owner-managers to install and use accounting information systems (McMahon and Holmes, 1991). Breen and Sciulli (2002) report that, in order to reduce the cost burden on small businesses, a number of mechanisms were put in place. All of this was to encourage small businesses to utilize computerized technology. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Marketing and Management of Small Business Plan, n.d.)
Marketing and Management of Small Business Plan. https://studentshare.org/business/1704505-business-plan-presentation-in-period-picture-framing-and-small-craft-workshop-for-furniture-business
(Marketing and Management of Small Business Plan)
Marketing and Management of Small Business Plan. https://studentshare.org/business/1704505-business-plan-presentation-in-period-picture-framing-and-small-craft-workshop-for-furniture-business.
“Marketing and Management of Small Business Plan”. https://studentshare.org/business/1704505-business-plan-presentation-in-period-picture-framing-and-small-craft-workshop-for-furniture-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Marketing and Management of Small Business

Small Business Marketing

...Marketing and Management of Small Business... Marketing and Management of Small Business... Marketing and sales are two concepts that are often confused and used interchangeably. This is an inherent mistake on the part of observers and practitioners alike. While both the fields are closely interrelated and reliant on each other, there are significant differences in the way they are used and practiced to increase revenue and achieve the goal of maximizing shareholder equity. The distinction between the two concepts can take various forms of depth. However, it is important to understand that while both concepts are significantly different, they are aimed to facilitate each other and the existence of any one of the practices in isolation would be...
9 Pages(2250 words)Essay

Small Business Management

...Marketing and Management of Small Business... Marketing and Management of Small Business... Small Business Management Answers The research to be done before the marketing strategy of the online clothing store should ideally include intensive trend analysis of the kind of apparel the store will deal in along with the segmentation information to correctly target the core market for the store. While the forecasted spending of the whole population of the country can provide you with the ‘big picture’ of the economy and an idea about the sector is set for growth or not; for the online store to perform well the initial planning has to be done based on the analysis of the online market; traffic trends; marketing vehicles; promotional activities and most ...
3 Pages(750 words)Assignment

Small Business Management

...Marketing and Management of Small Business... Marketing and Management of Small Business... of Contents Introduction 2 Limitations 2 Market Audit 3 Market Overview of Australian Café and Restaurant Market 3 Market Conditions 3 Competitive Landscape 4 Growth Opportunities 4 Summary of Market Audit 4 PEST Analysis 5 Summary of PEST Analysis 7 Analyzing the marketing mix 7 Target Market 9 HR Issues 9 Conclusions 10 References 11 Introduction A feasibility study puts special emphasis to identify potential problems and looks to answer one key question; whether the idea is likely to work or not. Before initiating a new venture, most of the companies, if not all conduct market feasibility study to find out demand of the product or services to be offered,...
8 Pages(2000 words)Assignment

Small Business Management Evaluation

...Marketing and Management of Small Business... Marketing and Management of Small Business... of small business management evaluation Abstract Prosperity of small-scale business depends on the management and operation style of the entrepreneur. Various entrepreneurs start small businesses daily, but due to inadequate knowledge, these businesses end up collapsing. Therefore, it is imperative that entrepreneurs consider how to manage and run small businesses. Business owners must have precise comprehension if their business plan and management style that should entail their operational decisions in a bid to attain their purposes and goals. The discussion aims to investigate various skills and requirements for local business operation. Discussion Prob...
6 Pages(1500 words)Essay

Small Business Management: ClippyKit

...Marketing and Management of Small Business... Marketing and Management of Small Business... Business Management Answer Clippy Kit came into existence when its founder, a young lady called Calypso Rose, realized that her see-through personalized bags could grab public attention and generate good profit for her. Calypso left her television job and ventured her time for her new entrepreneurship. She borrowed ?2,000 from her parents for manufacturing 250 bags, which she sold off within a span of three weeks. However, in order to promote further and make ClippyKit a renowned, the assistance of media was important. In case of both small start-up businesses and big organizations or companies, media holds an important position because it because the face ...
7 Pages(1750 words)Assignment

Marketing: Small Business Essentials

...Marketing and Management of Small Business... Marketing and Management of Small Business... faced with the decision to distinguish the suitability of a location for a business the traditional Political, Economic, Social, Technological, Legal and Environmental (PESTLE) analysis provides us with a proven framework for our evaluation. The political will with regards to attracting and promoting business within Canada is positive across the provinces and therefore we cannot single out Vancouver as being more competitive. According to the KPMG (2010) report called Competitive Alternatives that examines business competitiveness in 112 cities within 10 industrialized countries, Vancouver ranks fifth in the world. Within Canada, only Montreal performs...
2 Pages(500 words)Term Paper

Small Business Management

...Marketing and Management of Small Business... Marketing and Management of Small Business... Business Management My business plan concept is opening a small restaurant of halwa poori, which is one of the most popular Indian meals for breakfast and special occasions in India. Among the vast range of foreign cuisines, one that appeals to the taste buds of the European and the Western people happens to be the Indian cuisine. Although halwa poori is one of the most exotic and festive meals in India that are equally liked by the foreigners in India belonging to all age groups in general and specifically elders, yet there are certain exceptions. For example, children particularly of the generation z may find halwa poori a very heavy meal for the...
1 Pages(250 words)Research Paper

Marketing for small business

...Marketing and Management of Small Business... Marketing and Management of Small Business... Marketing Article Chosen: Putting Entrepreneurship into Marketing: The Processes of Entrepreneurial Marketing (David Strokes, 2000) The article ‘Putting Entrepreneurship into Marketing: The Processes of Entrepreneurial Marketing’ by David Strokes (2000) builds on the theory that entrepreneurial marketing differs from what is talked about generally in marketing books and theories. It aims to analyze and find out ways in which the marketing concepts can be modified or made adaptable for entrepreneurial entities and how entrepreneurial marketing is important as a separate field than the ‘traditional’ form of marketing. For the purpose, the author has formed a ...
4 Pages(1000 words)Essay

Small business management

...Marketing and Management of Small Business... Marketing and Management of Small Business... developing a business model for a mobile vending kiosk of homemade ice cream, the business model canvas can be utilized. The steps that can be followed are discussed below. First and foremost, it is imperative to identify the key suppliers and in this case, these involve the companies that supply the ingredients used in making ice cream. The next step is to define the key activities that will be carried out. This includes preparing the ice cream and marketing it to different customers through a mobile vending kiosk. Value proposition-mainly deals with creating value of the product offered. Effort will be made to try to appeal to the interests of the ...
2 Pages(500 words)Assignment

Small Business Management

...Marketing and Management of Small Business... Marketing and Management of Small Business... Business Management Introduction In the world of present times, the role of principle position holders with management is of utmost significance. Business leadership and business management look at the pertinent aspects that come under the organizational domains. Both look to stabilize the manner in which an enterprise carries out its activities, processes and undertakings on a consistent basis. Same is the case with leaders, managers, employees, workers, third party members and so on. The role of a manager is a difficult one. This person has to take with him the whole company and mesh the different processes so that he could get instant results. He is a...
8 Pages(2000 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Business Plan on topic Marketing and Management of Small Business for FREE!

Contact Us