Roxanne Quimby and Burt’s Bees - 1888 Words

Entrepreneurship PBSB 821 Bezuidenhout, P.J. 1224 6093 Botha, Desere 2250 2556 Buys, Johan 2049 8705 Kleynhans, Wessel 1251 7755 Schoeman, Willie 1032 6065 Van Wieringen, Anton 1231 8388 Wohlfahrt, Andre 2255 3533 Chicken Run Class Group Assignment Lecturer: Prof. S. van der Merwe Due Date: 30 July 2011 Roxanne Quimby amp; â€Å"Burt’s Bees† By Bezuidenhout, P.J. 1224 6093 Botha, Desere 2250 2556 Buys, Johan 2049 8705 Kleynhans, Wessel 1251 7755 Schoeman, Willie 1032 6065 Van Wieringen, Anton 1231 8388 Wohlfahrt, Andre 2255 3533 Module: Entrepreneurship Module Code: PBSB 821 Group: Chicken Run Assignment due date: 30 July 2011 Element: | Mark: |†¦show more content†¦Most of these aspiring entrepreneurs will start a lifestyle business, primarily providing employment to themselves and their families. The rewards of such a business is the ability to control the company, able to continue to do what the owner loves without having too much risk, have a positive cash flow from the early going. The owner only has to report to himself, have a relatively constant cash flow and able to take time off whenever he wants. The risks are the inability to hire top talent (as talented people usually avoid companies that over no stock options and only limited opportunities for personal growth), not having the chance for huge gains. The trade-off is a lot of freedom, but the company cannot expect to grow bigger. A high-potential business is focused on new markets with explosive potential. As they are often technology-driven, these ventures require heavy upfront cash investment to quickly gain decisive advantages, so professional investors, particularly venture capital firms, usually provide funding. High-potential ventures strive to achieve lasting economic and social impact, and aspire to achieve IPOs, or initial public offerings (getting listed on a stock exchange so they can sell shares to the public) (Anon, 2008:1). The rewards are having the possibility for large returns on investment, the ability to attract outside investment, and the ability to build aShow MoreRelatedBurts Bees Case Analysis1770 Words   |  8 PagesIntroduction Burt’s Bees case is a follow up for the case about Roxanne Quimby, an entrepreneur who started Burt’s Bees together with Burt Shavitz and managed to create a considerably big company almost from nothing. The objective of the first case was to make a suggestion whether the company should relocate its production from Maine to North Carolina and use its full potential, or stay in Maine and operate with limited growth potential. As the second case indicates, it is obvious that Quimby decidedRead MoreThe Roxanne Quimby Case Analysis1064 Words   |  5 Pages determination, flexibility, leadership, passion, and self-confidence. 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Capital Funding 3 6. Conclusion 3 7. Introduction – Roxanne Quimby 4 8. Idea versus Opportunity 4 9. Burt’s Bees Success Story 4 10. Relocation to North Carolina: The best solution? 5 11. Conclusion 5 12. Introduction – Globant 6 13. Globant Challenge 6 14. Strengths Weaknesses 6 15. Industry Analysis 6 16. Competitors AnalysisRead MoreEntrepreneure5298 Words   |  22 PagesTable of Contents 1. Introduction - ImageCafe 2 2. Clarence Wooten’s Strengths and Weaknesses 2 3. Product versus Service-Oriented Focus 2 4. Feasibility Analysis 2 5. Capital Funding 3 6. Conclusion 3 7. Introduction – Roxanne Quimby 4 8. Idea versus Opportunity 4 9. Burt’s Bees Success Story 4 10. Relocation to North Carolina: The best solution? 5 11. Conclusion 5 12. Introduction – Globant 6 13. Globant Challenge 6 14. Strengths Weaknesses 6 15. Industry Analysis 6 16. Competitors Analysis 7Read MoreWho Can be an Entrepreneur?5209 Words   |  21 PagesTable of Contents Page 1. Image cafà © 1-4 2. Lakota Hills 5-8 3. 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