Friday, February 21, 2020

An Analysis of Kristian Leven Photography in London Essay

An Analysis of Kristian Leven Photography in London - Essay Example This is unique from other wedding competitors that provide photography services with specific manufactured (posed) shots. Kristian Leven is able to stand out from competitors with his naturalistic approach to wedding photography that better captures special events and moments as they occur. 1.1 Methodology Research was gleaned for the report utilising a qualitative methodology, involving an open-ended interview structure with the sole proprietor, Kristian Leven. The interview occurred on April 5, 2013 and was scheduled for 45 minutes. Leven was proposed questions on such concepts as motivation, funding sources, problems that occur in daily business operations, the social environment, and the entrepreneurial marketing mix. Findings from the interviews were compared to theoretical secondary literature on entrepreneurship and small business management to determine correlations between theory and actual business practice; or to identify dissimilarities between theory and actual business management. 2.0 Funding sources for Kristian Leven Research indicates that credit cards are the most common funding source for entrepreneurs, due to tightened restrictions with banking institutions and other lenders associated with the credit crunch of 2007 and 2008 (Schmith 2008). Leven indicated that he achieved start-up funding by networking with family members in order to obtain an initial co-signed personal loan for ?5000. Leven further supplemented this funding for the start-up venture with a credit card by which he was able to procure equipment and initial inventories not covered by the personal loan that was utilised to set up a storefront. Leven had considered seeking out a private investor, however he was concerned about the potential of contractual agreements being established that guaranteed shared profitability. Leven trusted in his ability to grow the business revenues early that would provide him with the capital necessary to launch a successful photography business. Leven fit the profile of entrepreneurs that must rely on credit cards as a relevant funding source and networking with family members to achieve start-up capability. Leven had submitted a formal business plan to bankers when he was just 19 years old, but his plan was rejected as the lenders believed he was too young and inexperienced to successfully manage the business. Today, Leven is proud to announce an annual cash flow position of over ?200,000. 3.0 Networking Networking is, according to Leven, one of the most fundamental success factors for how Kristian Leven Photography has experienced growth and gained a positive brand reputation with satisfied customers. Leven does not consider his family members to be viable networks for operating or managing the business, or in improving its position. Leven had personal experience with a family-operated business during his childhood in which many disputes about operations and financing were present. This ties in closely with the theoretica l literature in which Johanisson and Monsted (1997) indicate there is no evidence available indicating that personal network capacity contributes to the success of the small business. Instead, Leven relies on professional networking, which are contacts that are developed through business operations. Leven indicated that nearly 80 percent of his business growth is attributed to word-of-mouth advertising that stems from satisfied clients with personal experien

Wednesday, February 5, 2020

Two_Short_Paragraphs Essay Example | Topics and Well Written Essays - 250 words

Two_Short_Paragraphs - Essay Example The old man, for example, tried to hang himself when at home because of desperation. When at the cafà ©, the same old man drinks his brandy with calmness and dignity. Even when he is drunk, he cannot spill his drink. The cafe is indeed a temporary respite from all the chaos in the world (Hemingway, 372-75). In the story, The Garden Party, the garden represents a place of endless pleasures. It is a place with a lot of promising energies where children and young adult look forward to a great future. The children resemble the arum lilies and brilliant butterflies that grow with an alarming vigor. The garden signifies a kind of Eden land where parents confine their children. The author conveys the land as one with a pleasant and warm feeling similar to the non-existent marvelous fairylands. The garden is covered with exotic flowers, green lawns, and various species of trees. There is a villa at the center of the garden, a tennis court and lake with the Sheridan’s garden. All these features make the garden symbolize a unique place full of potential for growth of its inhabitants. It is a place where all people long, hope or would wish to live (Mansfield