Entrepreneurship and Small Business Management

Entrepreneurship and
Small Business
Management

 INTRODUCTION
 Different types of entrepreneurial ventures
 Entrepreneurial venture typologies
 Difference between large and small entrepreneurship
 Difference in social and scalable entrepreneurship
 Similarities in large and small entrepreneurship
 Similarities between social and scalable entrepreneurship
 Investigating entrepreneurial ventures in order to gain understanding of
entrepreneurship in context of both public and private sector
 Critical examination of scope of entrepreneurial ventures, growth and
development
Table of content

 Entrepreneurship is basically activity which undertakes setting up a
business with taking financial risks and hoping for earnings and profits. The
person or an individual who develops a business and bears all its risks and
responsibilities are known as entrepreneurs. Entrepreneurship involves
huge risks but also a very beneficial and high reward serving operation.
This assignment report is based on different concepts of entrepreneurship.
In this report different types of entrepreneurial ventures are explained in
relation with the typologies entrepreneurship, also various differences and
similarities are seen.
INTRODUCTION

 Small business entrepreneurships this type of entrepreneurship and business
activity is started with very limited sources and resources such as finance
capital, raw material and personal. Small business enterprises are started by
an individual with the initial aim of surveying in market and earning enough
profits fulfill their basic needs.
 Large business entrepreneurship are started with huge investment and
on very big level. Here, entrepreneurs comes into market with an
innovative idea and develops strong business with the motto of serving to
customers and satisfying their needs bring to their taste and preferences
(Julien, 2018) . Huge amount of money and resources are involved in in
such business activity and large number of people are involved.
 Scalable entrepreneurship is based on the assumption the
entrepreneur have in their mind in relation with their idea. They
assume that the business idea through which they came into market
can change the world and make it a better place to live. The main
motive an aim of an entrepreneur is to enhance the marketplace with
attaining large number of profit units.
Different types of entrepreneurial ventures