Entrepreneurship and Small Business Management

*Entrepreneurship and
Small Business
Management

Cover Content
 Introduction
 Types of Entrepreneurial ventures relating to the typology of
entrepreneurs
 Similarities and difference between different entrepreneurial
ventures
 Conclusion
 References

* Entrepreneurship can be defined as the activity for starting new a
businesses through considering essential aspects which assist
management to implement new, creative and unique ideas in its
operations. In simple terms Entrepreneur refers to those individual
who learn and adopts new techniques by utilising their skill,
knowledge and capabilities for designing and launching fresh and
brand new products in market. Entrepreneur refers to those
individual who are able to generate, build and implement new as well
as innovative ideas for establishing a new business venture.

The major concern about the business is to establish business concept
that directly linked with goods, services and are focused towards
accomplishment of organisational goals and objectives by satisfying
needs and wants of customers. Small Business Management can be
defined as the process that is used by entrepreneurs while running
operations of their business. While implementing this process, an
entrepreneur should have vast knowledge of the topics that relate to
business. They should know how to understand and manage employees
in the business.