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Entrepreneurship and Small Business Management : Summary

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Added on  2021-02-20

Entrepreneurship and Small Business Management : Summary

   Added on 2021-02-20

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Entrepreneurship andSmall BusinessManagement
Entrepreneurship and Small Business Management : Summary_1
Executive Summary The study is conducted to determine the entrepreneurship and small businessmanagement and explanation to various types of entrepreneurship along with its impact on smallbusiness in the economy. Evaluating key aspects on entrepreneurial mindset and examiningvarious environments which are helpful in hindering entrepreneurship. This shows thatentrepreneur plays a major role in the economy and successfully contributes towards the growthof the country.
Entrepreneurship and Small Business Management : Summary_2
Table of ContentsExecutive Summary ........................................................................................................................2INTRODUCTION...........................................................................................................................4Part A..........................................................................................................................................4Part B.........................................................................................................................................13CONCLUSION..............................................................................................................................15REFRENCES.................................................................................................................................16
Entrepreneurship and Small Business Management : Summary_3
INTRODUCTIONEntrepreneurship is the heart of every business. Every big company started by any personturned out to be successful because if the entrepreneur. Our economy became more powerful andstable because of the highly skilled and hard-working employees if the companies. This has alsohelped a lot in the removal of poverty and bought prosperity in the economic conditions of ourcountry. Entrepreneurial skills are always in demand by the both high profiled and low profiledcompany. Every company wants to make their profit, and they need highly qualifiedentrepreneurs for their company. Entrepreneurial skills are always in demand, and they are mustfor the survival of any business.In this report we have covered the points which are the part of entrepreneurship and smallbusinesses. The topics on which we have focused are explaining the entrepreneurshipthoroughly. The types of entrepreneurship have been discussed and why are they necessary in theorganization. After that different kinds of firms like survival firms, life style firms, managedgrowth firms and aggressive growth firms has been discussed.Part AEntrepreneurAn entrepreneur can be an individual body who can bring businesses for any firm orindustry, and they can also create loss for the company. The entrepreneur takes all the risk andresponsibilities of the firm and is responsible for the success and failure if the firm. EntrepreneurshipIt is the process of designing the way in which the entrepreneur will work and make theprofit for the company. In this the launching of new products and services are included. Theloses made in company like economic crises, lack of funding and bad business decisions areincluded in it(Acs, Z.J and et.al., 2018).Entrepreneurial ventureIt focuses on providing advisory and supervisor's advice to the company. They provideadvisory services to the early and mid – staged companies. They also help the companies whoare facing trouble in handling of the business. Bringing the best solution for the companies.
Entrepreneurship and Small Business Management : Summary_4

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