Business Studies Essay

Submitted By katss
Words: 487
Pages: 2

When was your business established?

Within the past year
1 – 5 years ago
More than 5 years ago
More than 10 years ago

What was your motivation for starting the business?

I had a dream to always open a business and I never really knew what I wanted until the Frozen Yogurt became a hit in Europe, I thought to open my own store down in Brighton, being the first to do so.

Do you own your business or is it a franchise?

I own it
Franchise

What source of funds did you use to start the business?

Letter of credit. (assets that I own, my house.)

What are the most significant challenges your business is to face in the next 5 years?

Business failure, bankrupt and if another store opens near mine it would be hard to keep up the competitiveness up and staying modern.

Are their any specific problems affecting your business currently?

No
Yes (please disclose)

Has your business been affected by changes in the tax system?

No
Yes

What is your opinion of the quality of current arrangement for super annuation?

Good
So – So
Poor

How many staff members do you have?

5 – 10
10 – 15
20 +

Have you ever had any assistance from you local enterprise centre? (BEC)

Yes
No
Not sure there is one

Do you have a management strategy’s for :

Operations
Marketing
Human Recourses
Finance

Yes (please disclose)
No

Have you had a partner in your business?

Yes (please disclose)
No

Has your business been advertised before?

No
Newspaper
TV
Internet (eg: Facebook, Twitter) etc
Flyers
Others:

How does your business compare to business competitors similar or the same in this area?

Very well
Competitive
Do not feel like disclosing

Executive Summary:

Yoganic, Frozen Yogurt is a healthy place to let all your senses go wild and its guilt free because it’s all natural!

John started off by