Analysis Of The BBC Good Food Show: Entrepreneurship Theory

Superior Essays
The BBC Good Food Show (GF Show) is a UK-wide event featuring live entertainment, cooking inspiration, shopping and tasting organized by River Street Events. It’s the largest event dedicated to food and drinks, which was designed that entrepreneurs can launch new products, increase brand awareness, reach new audiences or improve sales. The Good Food Show in Birmingham has an expectancy of 25000 visitors, which are predicted to be 78% Female with an average annual income of £58000. Each person is expected to spend £119 for products at the event.
(River Street Live and Good Food Show, 2016)
Saravathy and Venkatarman (2011) define Entrepreneurship as risk propensity while building relationships to come up with something new to turn a dream into
…show more content…
Above all, entrepreneurs, companies, attendees and event organizer demonstrated how enterprising the BBC Good Food show can be by analysing the event with Entrepreneurship Theory. The analysis of the Theory showed that it is important to keep up with current trends and redevelop the concepts of the event to establish a modern view of the show to attract more attendees. As previously stated is it essential to advance new business ideas and products by engaging with entrepreneurial behaviour, which was shown by many entrepreneurs while promoting their products at the event. Furthermore, are networking skills and strategically thinking essential for success for the entrepreneurs as well as River Street Events, by developing new enterprising suggestions within technology (e-tickets) and the environment (environmental responsibility). Although new enterprising suggestions are being considered and developed within the industry, is there always a possibility to not be up to date with new trends. Therefore, by increasing enterprising behaviour within the BBC Good Food Show is making the event a safer and more enjoyable environment with attendees can see a demonstration and buy companies

Related Documents

  • Improved Essays

    Fast Food In The 1950s

    • 1421 Words
    • 6 Pages

    In “New Developments of in the Restaurant Industry”, the author explains that movies like Supersize Me caused many customers to become discouraged to eat a fast food restaurants, especially McDonald’s. In the movie Supersize Me, this man, Morgan Spurlock, embarks on a journey to eat only McDonald’s for 30 days with a camera monitoring the health effects from this challenge. The results showed the public how dangerous fast food on a regular basis could be. To change this, fast food companies have tried to change their approach. Places like Chipotle and Panera Bread have adapted this “new and growing concept, labeled ‘fast casual,’ ……

    • 1421 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    For Joe and Claire’s restaurant we have opted for an informal feeling in a city centre environment. The brand name ‘our restaurant’ we believe to be catchy and something that will create a hype and make the customers have a feel of possession of the business. The range of marketing opportunities are endless to promote and broaden the business potential market for and ethically run business. In order for the business to succeed we must ensure that the products offered are of a superior value to that of alternatives (Narver and Slater, 2003).…

    • 1799 Words
    • 8 Pages
    Great Essays
  • Great Essays

    Client Info: Julie’s Hot Dogs – San Francisco - Chicken Burgers - Chips - Sodas - Energy Drinks - Drinks - Bacon Wrapped Hot Dogs - Everything Grilled - Catering Services - New Menu Coming Soon Home Slider Text: Write 15-20 words – Home Call To Action: Write 15 words Home Slogan: Expand the slogan to 15 words if needed (no more than 30 words). Home Body Text: Write 300 words – There is a new trend hitting the culinary world today and we are glad to be a part of it.…

    • 1691 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Because fewer women are at home cooking meals, we eat more meals eaten outside of the home. This creates an issue because fast food franchises, ever the capitalists, are increasing how many preservatives are being put in their food to maximize profit. Thus, it is harder to stay healthy on fast food meals. Now, Grossman claims, others are beginning to create shows on healthy eating, when to buy food, and how to handle it.…

    • 1083 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Over the years many weekly events have been incorporated into the week. Outings such as poker nights, live bands, and having a Disk Jockey are things that attract all types of people into my community. While in the restaurant I overheard a conversation between an older couple and my mother; they explained to her how they…

    • 868 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Greggs Business Analysis

    • 204 Words
    • 1 Pages

    Greggs has set also a charity policy for the local society. Specifically, they are organising numerous charitable operation for schools and homeless people. Regarding schools, Greggs via the Breakfast Club operation provided free bread in 304 primary schools in 2014 and cash grant on other running costs at 163 schools. The figure 6 is illustrated the breakfast club operation since 2010 (Greggs, 2000). Furthermore, Greggs invest money to their public image and franchise.…

    • 204 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Documentary Food Inc

    • 1452 Words
    • 6 Pages

    The Documentary Food Inc. examines the current issues with the food industry in American. It shows how we have changed from a need-based form of production and consumption to a want and desire production and consumption base, where the large industry leaders produce as much as possible for as little cost possible. The documentary suggested that the move towards an industrial food system started with McDonalds, and the move that got rid of their waitresses and invented the drive through. This cut costs as every work position was specialized for one purpose. This became a model for every fast food restaurant that followed, leading to the mass demand for standardized food products that led to a concentration of food production into massive farms…

    • 1452 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    America has made a lot of changes in the past on becoming more inventive, resourceful, and as well as industrialized. Due to the variations in how our food industries operate, small family-owned farms have rapidly vanished leaving us with large, industrialized productions that mass produce for the benefit of the Large Corporations. Americans expect to be able to have large quantities of food available for purchase at anytime and at a low price. Unfortunately in order to get that food to us at low prices, we have to sacrifice aspects of animal rights, human rights, the environment, and health.…

    • 1272 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Possible reasons for success Tesco PLC and RSPCA The six ways of the reasons for success is being innovative, meeting customer needs, identifying new customer needs, continuing to meet needs of existing customers, being entrepreneurial and importance of having a strong vision. Being innovative Being innovative means that coming up with innovative ideas for products and services. This can be improving on existing ideas to attract more customers to improve on the sales, so this would improve on the levels of profit. Also for a business being innovative can also mean fixing a problem of what they’re doing wrong in terms of products and services.…

    • 1098 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Mindset Of An Entrepreneur

    • 1314 Words
    • 6 Pages

    The Mindset of an Entrepreneur P5) Determine the characteristic traits and skills of successful entrepreneurs that differentiate them from other business managers. An entrepreneur is an individual who takes initiative by planning a venture which an opportunity is available for them to benefit from. They are people who supply risk capital as a risk taker, as well as the one who controls and monitors the activities of the business. Entrepreneurs are commonly sole proprietors, a partner or the major shareholders in an incorporated venture.…

    • 1314 Words
    • 6 Pages
    Improved Essays
  • Decent Essays

    What is Entrepreneurship? Entrepreneurship is a process activity, it generally involves the following inputs an opportunity , one or more proactive individuals , an organization context , innovation ,risk and resources, value , new products or process , profit or personal benefit and growth. Entrepreneurship Entrepreneurship is the development of a business from the ground up — coming up with an idea and turning it into a profitable business. But while the definition of entrepreneurship may be simple, its execution is much more difficult. Entrepreneurship is the journey of opportunity exploration and risk management to create value for profit and/or social good.…

    • 896 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    Innovation and Success of the Creative Entrepreneur Introduction Business in today’s society has many branches that can be utilized to make an individualized approach to an operating career. Within the heart of business, there are individuals that cultivate each business plan in order to create a solid foundation. These certain individuals are referred to as entrepreneurs. Entrepreneurs pull together factors of business, societal needs, and wants into a new product or service to sell. The job criteria of an entrepreneur may vary due to the wide array of talents required in order for certain businesses to start.…

    • 1085 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Many people, including myself, believe that being an entrepreneur automatically means success while living a stress free lifestyle, but that isn’t always the case. Entrepreneurs undergo many challenges on a daily basis and as a student thinking about pursuing entrepreneurship as career I expect to experience many personal and external challenges. “Choosing a great business idea [is] one…

    • 737 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Readings in entrepreneurship was very beneficial to my experience of my knowledge of entrepreneurship as a whole. Before this class I’ve had a limited experience with entrepreneurship. The very basics of entrepreneurship was all I was taught. This paper will describe to you what I have now learned through this experience with this class and how I will use what I learned to better myself in the future.…

    • 1045 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The prospect of being your own boss and running a business is a glamorous one to many people (Questia). However, this job involves many risks, hard work, and sacrifice, could it be right for you? This is the prospect of being an entrepreneur. An entrepreneur is someone who starts their very own business. Their education can vary depending on their good or service.…

    • 870 Words
    • 4 Pages
    Improved Essays