Entrepreneurship And Small Business Management

Entrepreneurship And Small Business
Management (LO 3 and LO 4)

Content Table
 Introduction
 Difference between business manger and entrepreneur
 Entrepreneurial strategy reflecting entrepreneurs motivation
 Conclusion
 References

INTRODUCTION
Entrepreneurship can be defined as willingness to formulate unique
idea and manages business venture by bearing all kind of risk in
order to generate maximum profit. This plays a vital role in the
upliftment of the economy as it raise creates job opportunities for
the people living in the society

Characteristics, traits and skills
The successful entrepreneur in United Kingdom are Alan Sugar ,
Simon Cowell, J.K Rowling, Peter Jones etc. But for this report
Alan Sugar and Peter Jones are taken and their traits, skills and
characteristics are described as follows: