Small Business Enterprise Assignment Help with Nazz Collection Ltd (GC0805)

Table of Contents

Introduction.

Task 1.

1.1 Produce a profile of a selected business.

1.2 Compare the performance of your selected business with other similar-sized businesses in the same geographical area.

Task 2.

2.1 Recommend with justification, appropriate actions to overcome the weaknesses.

2.2 Analyze ways in which the existing performance could be maintained and strengthened.

2.3 Suggest new areas in which the business could expand with reasonable justification.

Task 3.

3.1 Give your assessment of existing business objectives and plans.

Goals of Nazz Collection Limited.

Objectives of Nazz Collection Limited.

Business plan of Skinnydip Ltd.

How Nazzz Collection Ltd’s business plan is in alignment with its business goals and objectives.

3.2 Review business plans and suggests areas where changes can be made.

3.3 Prepare an action plan to implement the changes.

Task 4.

4.1 The impact the proposed changes will have on the business and its personnel

4.2 The plan for how the changes will be managed in the business.

Communication with employees.

Risk assessment

Potential risks and their probability and severity

4.3 The improvements in the performance of the business over the past two years (preferably using trend graph or another suitable reporting format)

References.

Appendices.

Appendix A: Company profile.

Appendices.

Appendix A: Company profile.

Introduction

This report contains information on the performance of a small business enterprise; called Nazz Collection Ltd. Nazz Collection is a producer of women’s fashion of London based. The company has been reputable for more than twenty years. It is ongoing as a vendor and progressively grown into a global company with a factory and offices out in Guangzhou, China. Nazz Collection Continues to build the latest style for High Street in London, specifying in all kinds of women’s clothing, from prom, maxi dresses, cocktails, and the finest evening dresses.

Task 1

1.1 Produce a profile of a selected business

The name of the business

The name of the company is Nazz Collection Ltd. The registration number in the Business House is 07020708.

Owner structure

Nazz Collection Limited is an active business that is incorporated on 16 September 2009 with the registered office that is located in Greater London, UK. This company has been operating for eight years and four months. There are one active director and no secretaries in accordance with the latest statement which is submitted on 16 September 2015. The name of the Active Director is Naser Najjar, who is a British national, was born in July 1967. His occupation is Dressmaker and his period (17 May 2010 – Active). Dunstan Adeshola Davies was a director, who is a British national, was born in Nov 1954. His occupation was a Chartered Secretary and his period (16 Sep 2009-16Sep 2009). Also, Mohamed Ali Najjar was a director, who is a British national, was born in Dec 1953. His occupation was Salesman and period ( 16 Sep 2009 – 18 May 2010). Sumaia Al-Khabaz was a Secretary, who is a British national and period (16 Sep 2009 – 18 May 2010).

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History/Background

Nazz Collection Limited started in 2009 as a Private Limited Company with registration number is 07020708. Nazz Collection Limited Company has been functioning successfully for 8.4 years now and its status is active. Nazz Collection Limited is a London-based fashion accessory brand. James Isadore Gold, Lewis Asher Blitz, Richard Matthew Gold has been engaged with the company for a long time, being appointed on 20 January 2011.

Its activity

Nazz Collection Limited is a wholesale and production company which is mainly inspired by the catwalk trend of women and sells Short dress, Maxi dress, Party dress, prom dress, jackets, coats, jumpsuits, swimwear, playsuit, barefoot sandals and bags & clutches for women. Their goal is to establish a business focusing on trendy, elegant glamour clothing for women for every occasion and be one of the leading fashion companies in the retailing industry.

Business location

The companies’ office based in London at Unit 12 Deacon House, Florentia Clothing Village, Vale Road. Postal code: N4 1TD

Nazz Collection Ltd Address/Contact
Office Address	Unit 12 Deacon House, Florentia Clothing Village, Vale Road
Town	London
Post Code	N4 1TD
Country of origin	United Kingdom

Financial information of Nazz Collection Ltd

Factors	2010	2011	2012	2013
Cash	£ 23610	£ 84108	£ 107630	£ 26237
Net Worth	£ 8263	£ 22445	£ 26506	£ 17661
Total Current Assets	£ 154940	£ 162015	£ 168624	£ 71402
Total Currents Liabilities	£ 154015	£ 147533	£ 147542	£ 56876

Source: Company Check (2018)

Strengths and weaknesses

Strengths

Weaknesses

There are Strong Policies, Brand Positioning and Bottom Line Revenue

Special Expertise, reputation good.

Cost-effective for the customer

Advance technology.

To influence potential clients near a superior viewer and to sell more brands

Good relationships between customers

Shareholder fund is zero in 2017

Poor customer service.

Marketing deficiency

Management of staff problem

Unusual costs and Expenses

unidentified designers or lack of presence in the specific state

Business Plan