Entrepreneurship and Small Business Management

Entrepreneurship and Small
Business Management

Cover Content
 Introduction
 Types of entrepreneur venture
 Similarity and differences between entrepreneurial venture
 Impact of micro or small business in economy
 Importance of small business
 Conclusion
 References

Introduction
 Entrepreneurship is a process that involves entrepreneur or innovator to
bring significant changes in terms to transform the way to deal with
customer.
 To carry out functioning of venture or start up an entrepreneur bring
revolution by taking significant amount of calculated risk.
 The purpose of creating diverse entrepreneurial venture is to
transforming idea into practical concept which is finally praised by
internal and external stakeholders.

Entrepreneurial venture
 Entrepreneurial venture refers to start up that is completely based on
innovation for which all internal activities like planning and managing
the resources are carried out by an entrepreneur.
 It is different from traditional business as new venture grab an
opportunity and identify problem based on which it gains the advantage
of fast mover.