Individual business proposal Essay Example | Topics and Well Written Essays - 1000 words

Individual business proposal - Essay ExampleThe product will be highly purchased cod to its high quality that will meet the needs of our customers. Initially, the business will be established as a sole proprietorship but in future it will increase its capital base by becoming a limited company.Political- UK political system is democratic and the government activity has created a sincere business environment. Despite the 2008 economic crisis and, the UK government has ensured that its investors and business communities are provided with opportunities to borrow from banks for the purpose of expanding their businesses.Environment- In order to ensure that firms are in line with the government regulations, the UK government has continued to create conducive environment for the companies (Werner, 1984). For example, the government has established simple six steps to establish a business in the country. In addition, the government reduced the corporation rate from 26% in 2012 to 23% in 2 014. In this way, companies have higher net profits an aspect that makes them to tardily expand in other areas.Social- Due to social as well as political campaigning, business and individual consumers have increased the rate at which food has been wasted. This implies that UK government should come up with better policies curb food wastage. Legally, the government has also come up with a regulation that requires banks to expanding lending evaluate otherwise they may be highly taxed.Technological- Based on the high technology that UK adopts for example the use of smart phones among other innovation, firms are able to effectively market their products. Other companies that have penetrated the UK market include Google, Apple, Symbian and Microsoft among others. The use of face book by approximately 73% of internet users also makes the country a very viable business opportunity. This implies that Great Coffee will employ the modern