Entrepreneur Case Studies Samples For Students

Introduction

In managing or starting a business, there are a lot of things that must be considered. If an owner fails to address at least one aspect of managing a business, there is a good chance that a chain reaction will occur and most of the time; it will correspond to the degree of failure previously made.
This paper will be a compilation of results from an interview conducted with an entrepreneur from Morocco who is an owner of a profitable firm manufacturing diaper as well. Certain areas like his reasons for starting his business, his motivations, the strategies he used and the approaches he utilized ...

Financial Contracting

Introduction

According to Hart, (2001), financial contracting refers to the theory where there is a compromise between the investor and the entrepreneur in matters relating to running the business. An entrepreneur can obtain capital from various sources that are: personal savings, angel, venture, private, banks, and credit unions. In this paper, the source of capital is venture capital financing which is whereby an investor provides capital to a start up entrepreneur that has no operating history. However, Ellingsen & Kristiansen, (2010), proved that financial contracts might prove disadvantageous to one party hence the need to select a specific type of financial contract that ...

Depending on the stage of development performing arts, it is possible to refer to them as industry. The performing arts have been growing tremendously over the past years in the world. The industry has seen various growths in the figure of professions and the viewers of the films. The performing arts are a source of entertainment to many people. In addition, the performing arts give much benefit to the industry as they improve the locals and employees quality of life. The industry also benefits as visitors are attracted by the performing arts. This leads to indirect, direct, and associated artistic ...

Business as Unusual: The Body Shop

(Instructor Name)
- Why has Body Shop been so successful?
The Body Shop’s core positioning has been environment friendly products created through sustainable sourcing of natural ingredients. This positioning appeals to consumers at multiple levels:
- The products are natural and therefore pure and unadulterated with high percentage of harmful chemicals. They will therefore not have any side-effects.
- The products are environment-friendly and do not cause pollution.
- The products are sourced from indigenous tribes and farming communities which produce them by sustainable methods.
The social viewpoint supported the ecological perspective ...

Entrepreneurs face many challenges and temptations when starting their businesses. Ethics usually is not at the top of the list. Ethics is doing the right thing when no one is looking. We currently live in a culture where the means justify the end. For entrepreneurs, it is easy to cut corners to gain an advantage when the stakes are so high. Many times, entrepreneurs risk everything. They are not worried about moral judgements or bending the truth. The uncertainty and pressure to succeed quickly is at the top of their lists.
New start-ups lack the infrastructure to create standards ...

Introduction

There are various methods through which an entrepreneur can use to get into a business venture. These methods include commencing a new business, purchasing an existing business operation, or through a franchise. Methods employed in getting into a venture vary from one individual to another. This is because different people have varying perceptions towards the pros and cons of the various methods. Further, different individuals have varying capital and entrepreneurial ability that are necessary for engaging into a business venture. Commencing a new business refers to the development of an original business idea. On the other hand, purchasing an existing business venture refers to the ...

Introduction

Scenario Overview
ABU is one of premier university in the state of British Colombia, Canada. ABU has launched a B.COM course for entrepreneurs few years back and the course ran successfully for few years. However, in recent years because of increased competition the overall students enrolling in the course both online and on-campus has reduced drastically. It seems that ABU is unable to differentiate its course from that of its competitors. After initial research it was observed that ABUs B.COM entrepreneurial course is still one of the best in the market. However, it seems that marketing and positioning of ...

Developing entrepreneurial skills if one would like to engage in managing and owning a business. A business news organization, Inc., recently published an article entitled 5 Essential Skills of an Entrepreneur. The article listed persuasion, leadership, personal accountability, goal orientation, and interpersonal skills as the 5 key skills that the entrepreneurs should have to succeed in business (Stillman, 2014). This paper will present three cases discussing entrepreneurial skills and evaluate what we can learn from them.
Stalla Ify Anumnu of the Federal College of Education (Technical) in Nigeria made a research entitled Knowledge Management and Development of Entrepreneurial Skills Among ...

PILLAR TO POST Home Inspectors ranks in a 4-way tie for 72th place in the top 500 franchises in America, as per the “2014 Fastest-Growing Franchises” list (Entrepreneur, 2014). The company, headquartered in Tampa, Florida has been in operation since 1994, and provides “the finest [home] inspection report in the industry” (Franchising, 2014). This ranking was generated from all franchises in the United States and Canada having added new franchise units from July 2012 to July 2013. Pillar to Post added 359 franchises in the United States and 80 in Canada during this time period. The rate of Canadian units ...

Introduction

This Journal aims at exploring the idea of opportunity as it regards to social entrepreneurship process. The article brings out this concept by first explaining the meaning of social entrepreneurship. To precisely define the meaning, the article explains a scenario where 13 families in Denmark moved into small trailers as they built their own homes from scratch. To do this, the families recycled unprocessed materials and used bricks or timber to come up with the houses. It therefore came to understanding the social entrepreneurs focus on enhancing social value rather than making profit. They use opportunities to overcome social and ...

Introduction

David is an enterprising person who should be given an opportunity to carry out his business operations with minimal interference. Just like any other entrepreneur, his rights should be fully protected and safeguarded by the law. This is the only way through which he can be motivated to continue dealing with his products. Likewise, all the other players in this industry should be protected as well. As we all understand, film is a very sensitive industry that requires a lot of support from the government. This can not only be done through offering financial support and also through enforcing just laws ...

Introduction

Changing a mindset is extremely difficult, especially for a person who is juggling all of the commitments of a busy life—a full-time job, family obligations, showing up for social occasions, and the like. It seems to be simple human nature to go along in life making incremental changes, but never really examining the underlying assumptions that our days are based upon. Entrepreneurs may have certain character attributes that give them the capacity to distance themselves from the urgent—what to wear, who to hire, how to soothe the boss—to focus on the truly important—what is meaningful, ...

Introduction

The concept of changing mindset transcends to both the personal perspective of every individuals to shift from career to entrepreneurship and the organizational perspective of shifting into a learning organization. Furthermore, the concept of changing mindset will be elaborated by analyzing a case study and the article by Seddon and O’Donnovan (2010). In he first part, the changing mindset was demonstrated by the case of Andy who successfully established a small business instead of staying in his career. It is apparent from the case that changing from career into a small business entrepreneur can be a challenge, but ...

Background information on Anthony’s Coal Fired Pizza.

When we talk of a well-established business, then with no doubt Anthony’s Coal Fired Pizza is one of them; characterising a lot of passion and dedication by the management to its success and satisfaction to its clients. As we look at the background check of the company, it started from a very humble background since it had only one branch in Florida and grew to be 48 successful branches in a span of very few years. All these achievements never gained came on a silver platter since they had to face many challenges, learn many lessons and work ...

Abstract

This case study seeks to highlight the operations of 7-Eleven, the world’s leading retail convenience store chain with the aim to understand its business model on which its promotional strategy is based. The research and review of literature revealed that 7-Eleven has a promotion strategy based on value creation and product differentiation. Since its establishment, the company has undergone a tremendous change which has seen it evolve from a traditional convenience store to a multi-billion dollar convenience chain with a majority of its operations on foreign shores. It intends to utilize the same values to promote its existing as well as new outlets ...

Wendy’s Hamburgers

- Dave Thomas may be considered as an entrepreneur since he’s not only conducting business, but tried to transform new business idea into reality, creating new ways of earning cash. Despite skepticism of the bankers and financial people he created a new type of a product, having employed all his experience. The main feature making him an entrepreneur is that he tried to implement new idea which wasn’t considered to be successful and run all the risk by himself.
- The main success with the first Wendy’s restaurant may be attributed to its idea. The restaurant was ...

- Brad Clancy is a type of entrepreneur who is easily ticked by major economic changes, especially in times of recessions. He also showed that he is willing to incorporate other skills, which was shown when he worked for Hercules Inc. Opportunities also tick Brad Clancy, as shown when he got the opportunity to purchase Applied Filaments, which enabled him to work on European soil. As he grows old, he never changed his financial mindset. He thinks ahead when it comes to business ventures and adapting to economy trends, so he may be looking forward towards retirement.
- Career ...

Introduction

This case study paper explores the shipping and transportation management of potatoes from distribution center to the retail center in a cost effective manner.

Statement Of Study

The purpose of this study is to look into the features, elements, problems, and challenges of transportation from production center to distribution center, and then from distribution center to retail center. Keeping this fact and challenges into account, it also needs to issue advices and instructions to the management professionals for effective and efficient management of raw materials.

Significance and Background of the study

There is always a challenge in the transportation of product from one place to another. So, this was exactly ...

Abstract

Business success is measured on a scale of its growth and expansion. Expansion is essential as it places a business on a better competitive edge in the market place. The level of growth on the other hand may be subjected to the level of the capital base. Wise selection of finance therefore, for an already established business is the stepping stone to being competitive in the market place. Besides, the firm and form of financing require concrete analysis to avoid compromising the equity stake of the business while accessing the fund. Also, the source of funding should not compromise the business ownership ...

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Analysis of the United Display Cases, Inc. (UDCI)

UDCI believed it has a good product but he still hasn’t able to attract investors or convince banks for financing. For this goal, UDCI needs to present its break-even operating capital and projections of production volume that will yield maximum profitability. A successful product launch can be a major point in convincing financiers and it would need a cost-effective marketing strategy as current finances are limited.
For its plan to distribute through, it needs to determine a price it will pass to retailers that can generate more sales than direct selling.
There are no direct ...

Executive Summary

This document is a communication strategy plan for Consolidated Electronics (ConsoE). It is a supporting and governing document that will assist in increasing the company’s visibility, profitability, and customer base. The Consolidated Electronics Strategic Communication Plan underpins the firm’s vision, values, and goals that guide the company’s strategy.
The company aims at increasing profits to $175 from $125 million by boosting the worker’s morale and creating a positive public image of the enterprise in Denver and other customer bases. Educating and inspiring new employees from newly acquired entities to take up ConsoE’s vision and ...

Determination of the most appropriate objectives and trade-offs

The identification of the best goals and trade-offs for the project would be influenced by various factors such as the number of workforces attached to the group. The financial efficiency and the ability to assess the company are potential to deliver and also work to enhance profitability. As the manager of St. Hampton’s Hospital, I would ensure that all the customers are entered into the electronic system so as to increase efficiency as well as creating the most appropriate (Lemonis, 2014).
I would do a trade-off for the workers ability to work in large numbers to enhance the ...

As it is now time for new and innovative times are on the horizon for Clipboard Tablets Company. But before beginning a new start it is worth some time in reviewing and documenting the past so as to learn from the mistakes and bring the company forward. In an effort to identify the strengths, weaknesses, threats and opportunities (SWOT) a look at each of the three products will stimulate a program for the company going forward.

Review of Products

X5 is the product that is the first to market and now three years later is experiencing the typical problem with technology in ...

1. Explain the main differences between absorption and contribution income statements. Will net income always be the same under the two approaches? If not, explain the difference.

An absorption costing income statement is created for stakeholders apart from the company’s own employees and internal management. This method ensures that all overhead costs are included in the inventory of the company. In other words, all costs that are directly linked to manufacturing including; labor and material are added to the inventory. Consequently, the cost of manufacturing is transferred from the inventory costs to ...

The Filter is a niche company in that it identified an unmet need in the market and developed a product to satisfy that need. The recommendation services they provide are required by client, going by the initial reception that individual customers gave to the firm upon its introduction into the market. However, for business, meeting a client’s need is paramount but not enough to justify it continued existence. Thus, for it to reward its proprietors it has to turn in a profit. This need led to their move for the provision of services to companies rather than individual clients. This move has ...

MISSION STATEMENTS

Essential criteria for writing a mission statement
- Identify the organizations core business
This is the main purpose of existence of an organization; it is the problem that the organization aims to solve and also the reason why the organization was created in the first place.
- Identify the key measures of success
This is what the organization hopes to achieve, these are the organizations’ goals and aspirations and what differentiates it from the competition.
- Avoid jargon, Lingo and buzzwords
These are over used words and statements in the business world but which ...

- Is the salesperson acting unethically? Why or why not?
Ethics pertain to standards that an individual considers as right or wrong. It came from the Greek word "ethos", which means outlook and disposition. It refers to behaviors, values, and guidelines that individuals follow and that which make up their ethical culture. In sales, it is often said that customers' needs and interests must come above anything else. As long as the salesperson is truthful, protects consumer rights, does not engage in corrupt sales practices, and maintains the highest standards when it comes to conducting one's professional work, ...

Business

Introduction

Josiah Wedgewood during the 1st industrial revolution acted as a leading entrepreneur and had a lot of impact across the globe. Wedgewood recorded major achievement in pottery works and applied the indigenous forms of marketing to attract many people to purchase his products. Wedgewood became a common and famous name as many were introduced to the brands that were owned by him all over the world. Josiah Wedgewood partnered with Thomas Bentley to come out with a brand equity whose price was low that everybody was in a position to afford. This brand had a 1st mover advantage and it created a success history of ...

Abstract

The paper analyzes the viability and available options for a business idea by Kevin Andes and Min-Guk Kim of starting a coffee shop business in South Korea. The two individuals are both endowed with theoretical and practical background in business and management practices. Their choice of strategy have to be guided by a number of factors such as; mode of entry, market size, barriers to entry and competition. They have two main options of either franchising or coming up with a new brand all of which depend on whether product differentiation or brand forms the strongest influence on business outcome within the market. ...

Re-Segmenting of an Existing Market

The Foursticks situation was a case of re-segmenting of an existing market. A situation involving entering a new market includes the introduction of a technology that takes 100 percent of the share market (Cooper and Vlaskovits, 2010). In addition, no other technology exists apart from the one that the company introduces, and technology will cease to be used by the customers when a new technology is introduced and replaces the existing one altogether. According to Cooper and Vlaskovits (2010), re-segmenting of an existing market involves lowering costs or providing new functionality that provides solutions to existing problems. In the Foursticks situation, the young ...