Starting a New Business Business & Marketing Coursework (Coursework Sample)
analyze a start-up business using a pestel model and discuss the policies used by human resource managers in an organization.
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THE STRUCTURE OF BUSINESS
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Introduction
In the modern world, the online industry have developed greatly. So many people are now opening new online start-up businesses. This paper will focus on discussing about a start-up online business comprehensively. It will analyze the start-up online business with the help of the PESTEL analysis model, it will also identify the factors that may impact on your success in this new venture, dscribe the strenths and the weaknesses of the various legal frameworks, discuss the most likely sources of funding for the new start-up online business, discuss various sectors in the UK where the new start-up online business can operate, and finally discuss two human resource managers policies.
Question One
PESTEL Analysis
Political Factors
Every start-up business should consider the political factors in the country which are likely to affect the business before it commences its operations. The online start-up business macro-environments is usually subject to the pertinent of the government to the business. There are various political factors that the start-up online business should consider before it commences its business ad they include; the government support for e-commerce businesses, government support for IT infrastructure development and finally the stricter antitrust policies.
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