1.1 Introduction
The British Heart Foundation is the UK’s Number 1 Heart Charity. Their vision “is a world where people don’t die prematurely from heart disease.” They were founded in 1961 by a group of medical specialists who wanted to give money to fund extra research to find out the causes of heart diseases. They were concerned about the number of people with Cardiovascular Heart Disease who were dying prematurely. They have been going for 53 years and have been helping people since then. They have been taking part in all events but the main one which is coming up in September is the Oxford to Cambridge Bike Ride.
1.2 Type of Business
The British Heart Foundation is a charity, so is in the tertiary industry and they aren’t looking to make any profits as they are raising money for a cause in order to prevent heart diseases. The British Heart Foundation is therefore a not for profit organisation.
1.3 What Sector is it under?
The British Heart Foundation is under the Voluntary sector and the Private sector, because they are a not for profit organisation as they are a charitable and a voluntary company. The British Heart Foundation is a registered charity which means that all of their money which they raise either from donations or from selling their products in a shop will go to the charity itself.
1.4 Size
The British Heart Foundation is a charity on a large scale as they have more than 3,000 staff working for them across England, Scotland, Northern Ireland and Wales. They also have 25,492 volunteers in the UK with 22,742 in retail and 2,750 in fundraising for their events and their research.
1.5 Scale
The British Heart Foundation is a national business as they have more than 735 stores over the UK. The British Heart Foundation has shops in places like Birmingham, Crawley, East Grinstead, Horley, Redhill and Reigate. There are also stores in other cities and towns as well but too many to write down.
1.6 Ownership
The