Entrepreneurship & New Venture Creation Essay

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Entrepreneurship & New Venture Creation

Globalization main goals are to attain excellence -customer satisfaction, develop into a fruitful enterprise, achieve 75% employment possession within 2 years, including positive atmosphere. Financing Needed To set up this business we require ?2,464,134. 68 finance. Moreover to execute this plan we will approach bank for loan to assist to our over-all expenditure, because our self finance will not be sufficient. Business requires external funding for Minimal costs; so business can run smoothly. To generate handsome profits out of It; In order to pay to our creditors as quick as possible and cover over-head expenditure.

The said manuscript is a Business Plan and does not represent to sell or a solicitation to buy. The information given in the business plan, “especially plan” is confidential and contains important information including, data protection act and trade secrets of Globalization. Hence any of the important or documented information enclosed in the plan may be revealed or disclosed to any person under any state of affairs without communicating in written consent of Globalization will be prosecuted under the law of Jurisdiction. L.

Globalization Retirement Society provide service to mature people in the increasing arrest of London, as it is forecast that trend will go up within a period of time. We are contributing an immense arrangement of facilities, together with a huge swimming pool, hot bathtub, sauna-bath, community hub, health-fitness center, health flair, bistro and game parlor including small shopping mall and free health check with life insurance coverage of E To encourage harmony in the midst of the people, we establish only one building including abundant curricular- activities and entertainment rooms.

Hence this will be unique features for our business. To catch the attention of elderly consumers, our marketing department will rive different source of advertising techniques including quiz, games and other open source and to draw the people inside Our community development society is located in beautiful and peaceful place in Eastern London. Our building will consist of 80 bedrooms including one and two flats on 15000 sq foot land. The rights of business are generally look after by five skilled qualified and responsible members and thus, twenty employees will run the daily tasks.

Globalization Retirement Society occupied belly 5000 sq. Ft. Of land on which single constructed building consist of fifty bubble bedroom and thirty single bed including five Luxurious apartments with total of 150 units of apartment including adequate parking facilities. Organization operation and services and taken care by qualified staff members approximately 23 members work both full time and part time position For business financed we need EH,464,134. 68 to move ahead.

Globalization Retirement Society will have positive outlook in the market and do well because of subsequent scenario; the elderly people market is rising due to increasing population because healthier society is getting older quicker, moreover life expectation velocity is inclining. We provide excellent help, as well as autonomous livelihood. The quality of our services is superior and provides dynamic services to our clients; again our pricing strategy is cheap will have competitive on our competitors.