Unit 21 Small Business Enterprise

What You Need to Know About Unit 21: Small Business Enterprise

In Unit 21 Small Business Enterprise, students are asked to look closely at how small businesses work in today’s world. The aim is to understand what makes them succeed or fail, and to think about the real challenges small business owners face every day. The assignment encourages students to use both theory and practice, linking ideas from class with real examples. By doing this, they can see how individuals, small teams and business owners manage their work, make decisions, and find ways to grow and stay competitive.

When working on this assignment, students are asked to go beyond describing theories and actually judge them. This means pointing out what each theory or model explains well, but also where it may not fit the reality of small businesses today. Using examples from real companies can make these points stronger.

After looking at the theories, students should also give their own suggestions. These ideas should be practical and show how a small business might improve the way it is run or how it could achieve better results.

To finish, students need to bring their arguments together in a short conclusion. This is a chance to remind the reader why understanding small business enterprise is useful right now, and also to share any thoughts about how small businesses might change in the future.

The assignment should also follow the basics: keep within the word limit, use the right layout, and hand it in on time. All work must be original, with no copying, to meet academic standards. By doing this, students show clear understanding of Unit 21 and give themselves the best chance to succeed.

Key Points

• Small businesses play an important role in today’s fast-changing markets.

• They shape entrepreneurial skills, ideas, and behaviours.

• Students should study at least three main theories or models of small business.

• Theories act as tools to explain how small businesses work and grow.

• Linking theory with real examples helps in understanding real challenges.

Expert Assistance with Unit 21 Small Business Enterprise

Students often find that many writing services provide the same recycled answers for Unit 21. What makes us different is that we:

• Work from scratch on each assignment, using the student’s chosen business or case study instead of repeating old examples.

• Keep explanations simple so theories and models are easy to follow, rather than overloading with unnecessary jargon.

• Directly link the content to Unit 21 learning outcomes, making sure every requirement of the unit is covered.

• Use practical, real-world examples (local shops, start-ups, online businesses) so the work feels grounded and relevant.

• Write in clear UK English that sounds natural for student submissions, not like AI or copied text.

• Offer guidance on structure and referencing, helping students present their work confidently.

Sample Answer of Unit 21: Small Business Enterprise

Assignment 2

Introduction

The small business such as Why 50 needs to understand the approaches to operate in the market of Hong Kong. The paper is aimed to provide consultation for Why 50 to evaluate the existing issues of the organisation and recommend the strategies to improve their market position and performance. For this reason, it is important to reflect the understanding of business objectives along with the plans to incorporate the changes for the Why 50. In this regard, the models such as the McKinsey 7S Model and Lewin’s Model of Change are used to reflect the understanding and action plan for the coffee shop. The paper is also examining the influence of change management on the operations of the considered business. 

Task 3

3.1 Produce an assessment of existing business objectives and plans

The evaluation of the existing business objective and plan of “Why 50” can be achieved through analysing the coffee shop’s business objective, process, using performance indicators. The business objective of the coffee shop is to increase customer attraction and achieve the image of being the best coffee shop in the locality. The coffee shop aims to achieve this by quality food items and the provision of a clean and hygienic environment. The business goal of the coffee shop is to achieve increased profitability and to gain an image of being the most populous coffee shop in Hong Kong (Storey, 2016). It is evaluated that the coffee shop’s business objective has the positivity of creating a focused and clear direction for the employees to work towards to achieve the target goal. However, the negative part evaluated in this objective is that the objectives need clear guidance for the workforce to achieve the goals. The objective needs to include clear steps of the processes that would help in achieving the goals. Furthermore, the objectives should also be employee focused. It is only through satisfied employees, that the coffee shop would gain more customers and achieve its goals (Kenny & Dyson, 2016) .

The business objective needs to include the value of employees to make them feel part of the workplace. The business plan involves the processes which are presented as the key to success for the coffee shop. The processes in the business plan are; a high-quality product, creating a relaxing interior design, creating a dynamic website with online sales, and highly trained and compassionate employees. The processes displayed in the plan show the methods to achieve the goals. The positive part of the processes is that it covers the entire aspect of the business activity needed to achieve the goals (Burns, 2016). However, the negative side is that the processes are not clearly defined. The plan needs to subdivide the processes to create a strategy for achieving each process to ensure quality is obtained in each process. The other part of the plan outlines the performance indicators it uses. The coffee shop uses observation in controlling the performances. The positivity of this indicator is that the direct analyzation helps in achieving a clear idea of the strengths and weaknesses in the activities within the shop. However, the negative side is that there could be chances of unfair judgements since observation requires time and evaluation of the entire workforce through observation cannot be put into practice effectively (Curran & Storey, 2016).

3.2 Revise business plans to incorporate appropriate changes

To overcome the weaknesses of the existing business plan, the McKinsey 7S model is applicable to define the structure as well as objectives for the Why 50. The first element of the model is a strategy based on which the business should consider marketing, employee satisfaction, and expansion of the product menu to enhance the scope of the business. The strategy for marketing can include the hiring of marketing professionals, who would improvise the products for the business based on the market demand. The business should also introduce the changes in developing a friendly and convenient environment for the employees to enhance their satisfaction. Also, the business should conduct market research to expand its range of products and services without compromising on quality (Hatten, 2015).

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