Leadership and Small Business Management

Leadership and Small
Business Management

Table of Content
 Introduction
 Solutions related to work based problems
 Communicate in various styles
 Effective time management strategies.
 Tools and methods used for developing solutions to problems
 appropriate strategy used for resolving a particular problem of labour turnover.
 Evaluating the potential impact on the business of implementing the strategy References

INTRODUCTION
Entrepreneurship can be defined as the way to manage, organize and
develop a new venture in order to get the returns from their
investment. It is the accumulation of several resources which
undertakes natural resources, labour, land and capital to generate
profits for the organisation. Small business are managed and
controlled by an entrepreneur who owns operations and staff to meet
the needs of customers. The major agenda of small business is to
develop a new market for their service and products which is based on
a business plan.

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Balfour beauty is small business of UK which deals in construction
services and infrastructure investment. This report involves different
types of entrepreneurial ventures and its typology along with
similarities and differences between them. Moreover some skills and
mindset that is required to set a business are elaborated in this
report.