Entrepreneurial and Small Business Management Assignment

entrepreneurial and Sm entirely Business Management - Assignment ExampleThis education will also highlight on the business planning process as rise up as the various risks attached to it. The feasibility study In this study, interviews were seen to be so important in the process. They present various opinions regarding the market as well as peoples attitudes towards utilization of ads on the social media. Interview in hotels The interview began with hotels, which we thinking were our greatest targets. We interviewed thirty hotels across the region and we were keen to observe their advertisement techniques. One manager Mr. Rahul from the Auris property hotel informed us that they have often depended on the internet to perform their advertisement and marketing. He welcomed the humor and informed to get back after one week to al mild for sufficient consultation. Another topic that Mr. Rahul informed us about was that the number of customers they received was not sufficient and the y needed more meliorate means of attracting customers to their hotel. Other hotels that we visited for interviews like the Golden sands hotel apartments, the Grosvenor house and Ramada Reira among others all welcomed the motif of magazine advertisements and they uttered their willingness to adopt the theme. Most of these hotels complained of poor attendance my the locals and claimed that most of their customers came from abroad, the locals need to be aware of the services gettable in this hotels so as to offer them equal chances and remove the perception of these hotels being so expensive. overly on our survey and interview list were large businesses and companies. These included local supermarkets and other manufacturing concerns. Most of them welcomed the idea and accepted to invest in this marketing plan. Most companies according to our interviews did not utilize the advertisement beast effectively since they majored on exporting to already established markets. However, som e companies uttered their dissatisfaction, for instance the horticultural companies expressed their great worries over the seasonal markets that existed in the industry. They said that the time they export most is when demand for their products arises, and this is loosely during functions like valentines and Ramadan and Chrismas celebrations when people buy and present one another with gifts. The idea of publishing their products on a local newspaper and advertising them to citizens locally was a good idea and could largely boost their market. Of all the companies, we interviewed, only three were adamant about using our advertisement means, and this was majorly due to security reasons that they could not infract so much of their company profile. The others accepted. One thing however, that most of these companies wanted was advertising for them at low cost and then later on increasing the rates when the project is picking at a high pace. The last group that we visited was the sing le businesspersons. Most of these were not ready to adopt the magazine advertisement system since they saw it as an extra expense on their side. Of the 20 businesses that we visited, only 8 welcomed the idea of using magazine to advertise their products. From the feasibility tests performed in the hotels, industries and the businesses, hotels are observed to be readily acquirable to adopt this strategy despite a few others still not courageous enough to take over the step. Companies too also