Monday, February 10, 2020

Small Business Enterprise Assignment Example | Topics and Well Written Essays - 2750 words

Small Business Enterprise - Assignment Example around 54 employees but has been voted by the Sunday times as the top ranked till managed to in its own respect. It is a small private firm that is based in London and has been established in the year 2009 (Best Companies, 2013). It is a great matter of pride for the company as the staff turnover is quite less. Moreover, the company is seen to employ young candidates who are of the age of 29 on an average. Considering all of these aspects, it can be said that small businesses if properly managed can lead to smooth flow of the business activities. In this respect, another small business i.e. TPP SystmOne which is specialized in delivering internet services to the consumers’ (Goundrey-Smith, 2012). TPP has been considered to be the best company for a fourth time pertaining to the review of the Sunday Times. Moreover, the company has also been bestowed with a special award as the best improver in the division of internet services. Moreover, it has been ascertained that the compan y has been heading towards the roadway of success. 1.1 Strengths/Weaknesses of the two companies In relation to Strengths/Weaknesses of Cloudreach, it can be said that the company operating with such a small number of employees and getting recognized at a larger scale is one of the major strengths of the company (Cloudreach, 2013). Another aspect that represents the strengths of the company is that it has been able to grab the top position for the cloud computing services that it renders to its customers’. Moreover, the company is responsible for providing a wide array of services namely: migration services, services relating to application development, managed services and consultancy services among others. The aforementioned services being rendered by the company reflects about its accelerated strengths irrespective of its size. In keeping up with the fact about the company’s strength, it assists in maintaining sustainability within the competitive market scenario. H owever, the small size and less employee turnover can be considered as the weakness of the Company i.e. Cloudreach. In relation to the aspects associated with this factor, it can be said that if the company plans for following expansion strategies in the near future then its small size may prove to be a hindrance in its growth (Cloudreach, 2013). On the other hand, the company i.e. TPP SystmOne endures certain major strengths that will enable the company to be in a much favourable position in near future. The company is mainly responsible for developing high end software that delivers fruitful sources of information to numerous health professionals around the world. This factor adds up to the strengths of the company to a greater extent (TPP SystmOne, 2013). The major weakness of the company can be considered as the small size. This factor can prove to be quite disadvantageous for the company if it goes for an expansion in diversified field worldwide. Furthermore, the company is spe cialized in the field of medicines and provides useful information pertaining to the best use of medicines. It does not reflect much diversity in its services which can prove to be a major weakness for the company (Beisse,

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