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(PDF) Entrepreneurship and Business Management | Assignment

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Added on  2020-12-30

(PDF) Entrepreneurship and Business Management | Assignment

   Added on 2020-12-30

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Entrepreneurship and SmallBusiness Management
(PDF) Entrepreneurship and Business Management | Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Examining different types of entrepreneurial ventures and their relation with the typologyof entrepreneurship......................................................................................................................1P2. Basic similarities and differences in between the various entrepreneurial ventures.............2TASK 2............................................................................................................................................4P3. Presenting the statistical data for micro and small business impact on the economy of UK......................................................................................................................................................4P4. Importance of small businesses and start ups in the growth of social economy...................7TASK 3............................................................................................................................................9P5. Different skills, traits and characteristics of the successful entrepreneur.............................9P6. Reflection of different aspects of entrepreneurial personality on motivation and mindsets ...................................................................................................................................................10TASK 4 .........................................................................................................................................11P7. The background and experience that hinder or foster entrepreneurship.............................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
(PDF) Entrepreneurship and Business Management | Assignment_2
Illustration IndexIllustration 1: data for various SMEs...............................................................................................5Illustration 2: Revenue from SMEs................................................................................................6Illustration 3: Employment in UK...................................................................................................7
(PDF) Entrepreneurship and Business Management | Assignment_3
INTRODUCTIONEntrepreneurship refers as the new idea for business that is created by an individual orgroup of persons to earn profits using their skills and talent. It is also describes as the willingnessand capacity to manage, organise and develop new business venture for making profits (Storeyand Greene, 2010). The business that carry on by the entrepreneur also, has risk in order tosustain. Small business is operates and independently owns by the small entity. Its size is small.In this report, various types of entrepreneurial ventures are defines. Further, similaritieswith differences between entrepreneurial ventures discuss. Furthermore, the importance of smallbusiness towards the economy is describes. Lastly the report covers various environmentaleffects that hinder or foster entrepreneurship. TASK 1P1. Examining different types of entrepreneurial ventures and their relation with the typology ofentrepreneurshipEntrepreneurship is a new and innovative idea that involves services, products, system,process or new technology to support the work. It is a process by which product or service willbe delivered with the use of developed technology. It needs enough money to development andsupport business and the idea is the point that generates revenue (Storey, 2017). Theentrepreneurship creates own control like a boss; it is an ambition to start something from theirown skills and it is a special opportunity to earn more money. An individual can start anybusiness which is his or her interest category and he or she has sufficient experience to faceseveral problems and issues that can raise in that business. Entrepreneurship business has manytypes and these entrepreneurial ventures are as follows:Small Entrepreneurship – This type of entrepreneurship venture starts with the smallfund or capital. The entrepreneur uses his own capital or collect from some source to starta new business. He or she has a new idea and various innovations for this business. Theorganisation has some activities that are small and short scale as the measurement. Theworkforce or manpower is also minimum for optimisation of cost (Stokes, Wilson andWilson, 2010). Example of these types of entrepreneurship are proprietorship, generalstore and many more.1
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