Factors and Trends affecting a businessUnit 1 – assignment 1

For this assignment I have had to look at the factors and trends that may affect a business

Beauchamps High SchoolName: -

Task 1 Factors and Trends affecting a business

Local and national factors which affect the business environment

I have collected research to find out about the local and national factors that can affect a business.

I have made a presentation to show this information to my possible investors how these factors will affect a start-up business.

Student Name: Beauchamps High School P a g e | 1

Student Name: Beauchamps High School P a g e | 2

Student Name: Beauchamps High School P a g e | 3

Student Name: Beauchamps High School P a g e | 4

Student Name: Beauchamps High School P a g e | 5

Student Name: Beauchamps High School P a g e | 6

Student Name: Beauchamps High School P a g e | 7

Increasing taxes will impact a start-up business because,

Decreasing taxes will impact a start-up business because

Increasing interest rates will impact a start-up business because,

Student Name: Beauchamps High School P a g e | 8

Decreasing interest rates will impact a start-up business because,

Higher unemployment will impact a start-up business because,

Lower unemployment will impact a start-up business because,

Higher inflation will impact a start-up business because,

Lower inflation will impact a start-up business because,

Leaflet on TrendsIn this leaflet I will be explaining the different types of factors that may affect a start-up business.

Impact of change in current business environment on a start-up Business

Definition of Trends - A trend is a general direction in which something is developing or changing.

Social Trends - Social Trends are, population changes, household and families, education, labour market and increasing travel for work.

Positive effects Negative effects

Technology Trends - Technology Trends are, increasing use of technology, telephony and web developments.

Positive effects Negative effects

Student Name: Beauchamps High School P a g e | 9

Ethical Trends - Ethical Trends are, carbon footprint, sources of timer, child labour, animal welfare, inadequate pay, identification of values of an organization, ethical codes to address ethical concerns and contribution of business to community.

Positive Effects Negative Effects

Environmental Trends - Environmental Trends are, increase in renewable energy and recycling.

Positive Effects Negative Effects

My start-up business: Wickford bakers

How trends have affected my business and another start-up

Local small business: Barkes Craft Bakery is a small bakery located in Wickford Town Centre, 6 Ladygate Centre - High Street - Wickford - Essex - SS12 9AJ. They make freshly made products to sell in their shop. They sell bread loaves, rolls and baguettes, sweet and savoury pastries, pies and lattices, cakes and biscuits, fresh cream cakes, buns, scones and teacakes, freshly filled rolls, sandwiches and baguettes.

Student Name: Beauchamps High School P a g e | 10

I will be explaining how social trends and technology trends have impacted a local start-up business.

Impact of the change of Social Trends

Impact of the change of Technology Trends

Similarities:

Differences:

Student Name: Beauchamps High School P a g e | 11

Summary

Risks

Opportunities

Trends

Conclusion

Student Name: Beauchamps High School P a g e | 12

Bibliography

Here are a list of my website sources I have used:

Student Name: Beauchamps High School P a g e | 13