Types of Ventures in Entrepreneurship and Small Business Management

Entrepreneurship and
Small Business
Management

Table of Contents
INTRODUCTION................................................................................................................................3
1.0 Types of ventures- .....................................................................................................................3
Three type of Public sector ventures are-........................................................................................3
Three corporate sector ventures ......................................................................................................4
Nature and nurture of entrepreneur- ...............................................................................................4
........................................................................................................................................................5
Explain how background and experience influences entrepreneurs social entrepreneurs...............5
CONCLUSION ...................................................................................................................................6
REFERENCES.....................................................................................................................................7
Books & Journal:.............................................................................................................................7
INTRODUCTION

Entrepreneurship is the process through which actions and risks are taken by entrepreneur to
gain new ideas and opportunity. Typology refers to category of business in which they are divided
such as small, medium & social entrepreneurship. This report includes types of ventures, nature
and nurture of entrepreneur, background and experience impact on entrepreneurs.
1.0 Types of ventures-
Public sector ventures- These are defined as organisation which operate under government
consideration and provide services to society. In such type of venture profit earning is motive but
priority is given to public services (Ndoro, 2019).
Three type of Public sector ventures are-
TESCO- It is multinational corporation headquartered in UK and is the largest supermarket
and retail chain. It is also a considered as public limited company because of which fund are easily
raised from new investors. Shares can be sold and traded in TESCO and shareholder has limited
liability.
Apple- It is another public limited company headquartered in California which deals in
consumer electronics and products. So, being a PLC means firm can trade shares and also
information is shared with everyone in entity. Main motive is to earn profit and deliver quality of
services to end users in market (Garg, 2017).
Facebook- It is social networking site which is situated in United States with number of
subsidiaries like Whats-app, Oculus VR etc. This is considered as public limited company in which
individual investors, funds and many more are involved. In this profit is earned through mostly ads-
advertisement. Other than this they also helps citizen of society to connect with each other from
anywhere in the world.
Corporate sector Ventures- These are those types of ventures who provide help to start-ups
in their business. These type of organisation dear profit and also provide social services to others.
Three corporate sector ventures
Google- It is multinational corporation headquartered in U.S.A and which deals in
technology products as well as services. This is a corporate sector venture because it assists new
start-ups and provides funds to their business.
Virgin Money- It is corporate sector which provide funds to the start-ups and new
enterprise coming into business sector. Also, to create brand awareness firm provide gifts and
benefits through social media so that start-ups are able to get investor easily.