Entrepreneurship & Small Business Management

ENTREPRENEURSHIP & SMALL
BUSINESS MANAGEMENT

INTRODUCTION
 Entrepreneurship can be defined as an ability of an
individual to govern and regulate specific business named
as a start-up within new idea and innovation techniques
bike continuously minimising the risk and increasing the
profit. The people who operate this type of businesses are
called entrepreneurs. Today environment is continuously
changing and there is a need of innovation and
technology within the business enterprises to increase the
benefits as well as attract number of customer. These
improvements within the products and increment in
innovation bring the concept of small scale businesses
that operated generally low level of capital but high rate
of profit. In this report there will be discussion on
entrepreneurship and small business management which
is become important part of UK economy.

Inspect dissimilar types of business
undertakings and explain how they
relate to the typology of
entrepreneurship
 Entrepreneurship and divide concept and getting popularity in
recent days because of high rate of profit with the innovative
products. There are number of persons who are becoming the
entrepreneurs in today's market this is because of some
famous entrepreneurs and their motivational speeches. Some
of the famous entrepreneurs like Mark Zuckerberg, Bill gates
and Steve Jobs. All these are big entrepreneurs of their time as
well as current time. There are number of entrepreneurship
ventures opportunity within current market where all type of
entrepreneurship typologies has a perfect relationship between
them. Help an individual to get and grab these opportunities
but taking some risk and a huge amount of profit. Some of
these opportunities are mentioned which help the
entrepreneur to get a firm according to their choice where they
can gain maximum profit and achieve their objectives.