This is envisaged in helping in molding and nurturing the kids to globally relevant and competitive individuals which is the key objectives of the initiative. The aspect of kids-parents-teachers engagement has been cited as lacking in other modes and probably this is contributing in the production of the partially competent persons in the long run. The initiative is up to filling this gap in the provision of knowledge to the kids. It is expected that such initiatives comes with a number of challenges; thus, the need to do thorough external analysis as well as the internal. This will work in positioning the initiative at a better place to develop close to an ideal situation that will enable the realization of the initiative’s objective. As for the external analysis, the performance of other firms that provide more or les similar services will be used to envisage the challenges likely to be faced and the possible ways of dealing with them on time. For the internal analysis, SWOT analysis will be used to give indications of the strengths and weaknesses of the initiative and this will as well serve all relevant role of cushioning the firm from sporadic misfortune (Hitt, Ireland, & Hoskisson, 2011). External environmental factor External environment consist of those external factors, forces and institutions that are beyond the power of individual and influence the running of the organization. These factors affect the performance of the organization system because they are beyond the organization unit, and operate around them. Thus, the initiative will face external environmental factors like competitors, government laws, political issues, socio-cultural institutions and international organization (Pushparaj, 2010). Some of these factors will affect the education program directly and others indirectly depending on the rate of expansion of the program in various regions. However, the external environmental factors can be controlled and influenced by the management of the organization by employing effective strategies to control the factors. In order to provide the services effectively to the children, the organization should analyze the economic factors because it involves the economic system of the organization. The success of the organization will depend on the ability to anticipate the future of the program in the current market conditions. Lack of the kids-parents-teachers engagement is a driving force of the program, and the ability of the program to close this gap shows the future of the program in the market. Meanwhile, the organization should employ suitable strategies that will minimize the cost of the program and maximize the gains because the objective of the organization is to be profitable and productive. Similarly, the external environmental factor involves the social environment surrounding the organization because it affects the functioning of the program. The factors such as cultural background of the kids, cost structure, scientific techniques and the wealth and income distribution are the sociological factors that will influence the organization (Pushparaj, 2010). The social environment will determine the work culture and mobility of labor in the organization. For instance, quality of the online education to be offered to kids will depend on the willingness of the parents and their customs and attitudes will
Start-up Idea – Online/in-Person State of the Ark Educational Portal Name Professor Course Date Start-up Idea – Online/in-Person State of the Ark Educational Portal The need for outstanding academic performance is on the rife among parents. Their concern is nothing less than quality educations for their children in the extremely early stages of life…
Start Up Shoe Business- OPERATIONAL PLAN Table of Contents Production 3 Location 4 Legal Environment 4 Personnel 7 Inventory 8 Suppliers 9 Credit Policies 10 Account Receivable and Payable 10 Reference 12 Start Up Shoe Business- OPERATIONAL PLAN Production HIGHLOWS shoe will have three adjustable heights i.e.
Mission ABC Company’s mission is to offer specialized customer communication products via mail. Products offered by the company are either not accessible on the retail level, or are very costly if acquired from regular shops. The ABC Company offers a range of remarkable commodities alternatives on bargain prices.
The author of the essay stresses that it's of paramount importance to work out a business plan with all the important sections including finances, operations, milestone objectives and marketing. According to the text, having a business plan significantly reduces the risks and provides a proactive scope.
icence 34 Table of Figure Figure 1: High Level 4 Figure 2: Business Name 5 Figure 3: Business Location 7 Figure 4: Rent Lease 8 Figure 5:Legal Structure 10 Figure 6:Company Legal Structure 11 Figure 7: Business Management Software 13 Figure 8: Software Features 14 Figure 9: Business ISP 16 Figure 10: Protecting your Business 17 Figure 11: Bank Account 19 Figure 12: Insurance 21 Figure 13: Marketing Plan 24 Figure 14: Financial Plan 28 Figure 15: Promoting Your Business 32 Figure 16: Business Licence 34 Entrepreneur Start up Process High Level Figure 1: High Level Choosing a Business Name Figure 2: Business Name Choosing a Business Name is a very important decision which takes careful consider
Evidences from theories have shown that financial exclusions have stopped the development and the growth of the economy and increased disparity and poverty of the nation. Thus, from the nations’ point of view, industrialization plays an imperative role in the economic growth (The World Bank Group, 2006).
 EMPLOYMENT GENERATION: There will be employment generation for the teeming unemployed youths and graduates who are currently keeping themselves busy with some restive and harmful activities. With responsible means of livelihood, the restiveness and vices will reduce.
They have established name world wide. Now they are planning to introduce a new product to present a joint venture of their brands of beauty soap and sun block lotion. They have come with this idea through the process conducted by Research and Development Department, procedure of idea generation will be explained later.
The basic idea of the online portal www.ClothesForShows.com is an attempt to create a common platform for the clothing industry. For most people to buy or rent any clothes is a cumbersome job. This is especially difficult when it comes to the costume items.
in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader, may cause serious harm or damage to
X Internet Café is a new business start-up
Then they start to search for business name and narrow the search by making a list of the best names and sharing the list with others. Before selecting a name the owner should consider the following factors:
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