external influences

questions

Answers

area of influence

Political

• How stable is the current government?

• Is the UK likely to go to war?

• Are there any new tax policies that could affect the business?

• The current government is quite stable and that the mountain election which would be concluded on MAY 10^th 2017 with an expected Conservative majority government.

• The current international climate is full of uncertainty, and there is a potential chance of the country going to war due to influences outside of control.

National

National and international

National

Economic

• The current interest way and out could affect my business?

• The current rate of inflation and how it could affectmy business?

• The levels of employment and unemployment?

• The current rate of hospitality trends?

• What is the average income of your customers in the targeted area?

Social

• what are education levels like?

• Area crime statistics?

• Changes in the population?

• Trends of customer lifestyle?

Local

Local

Technological

• Is there any machine available to improve the business?

• How could ICT help the business?

• Computer for management and blender machine to produce smoothies and milkshakes.

• Computers can help the business in terms of accounting and the use of the book logging services in order to keep weapons of all business transaction and enable the business to pay the correct amount of tax. Computers can also prevent the use of theft by any employees and enable the business to store the data and confidential information regarding the business and its staff members.

Commercial

Commercial

Legal

• Employment Law that could affect the business?

• Health and safety legislation that would affect the business?

• Competition law that could affect the business?

• Any other law

• According to the food.gov website, I would need to register my business with the local authority at least 28 days before opening. I would also need to register for VAT.

Environmental

• How will the businesses dispose of waste?

• What would the community be on the service the business would offer?

• The business would use the community local recycling bins in the area to dispose of baggage waste. The business would donate the food wastage to charities.

Local

Local