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Entrepreneurship Report - Talon Outdoor

   

Added on  2020-07-22

15 Pages4641 Words35 Views
ENTREPRENEURSHIP

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P.1 Different types of entrepreneur venture ...............................................................................1P2 Similarities and differences between different entrepreneurial ventures...............................3TASK 2............................................................................................................................................4P3 Interpret relevant data which impact on micro and small business ......................................4P4 Importance of small business and start-up which contribute in the growth of socialeconomy after BREXIT..............................................................................................................6TASK 3............................................................................................................................................7P5 Characteristics, traits and skills of two successful entrepreneurs which is different fromother managers............................................................................................................................7P6 How aspects of entrepreneurial personality reflect on motivation and mindset of people....8TASK 4............................................................................................................................................9P7 How background and experience hinder and foster entrepreneurship...................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONEntrepreneurship is the important elements that make growth of the organisation andeconomy as well. In this regard, country has benefits to work in significant manner to ascertainmore growth and outcomes at workplace. It is the systematic review of process that assists todevelop effective results in the business (Stokes, Wilson and Mador, 2010). In this context,present report based on the Talon Outdoor which is small sector enterprise in UK market. Theyare determines their operations in creative aspect to develop more profits and revenue in themarket. For gaining insight knowledge of the present study, it consists similarities anddifferences between entrepreneurial venture that assists to meet with goals and objectives.Furthermore, it includes impact of relevant data and statistical outcomes in the country on smallbusiness performance. In addition to this, it involves importance of small business thatcontributes growth of the social economy after BREXIT. TASK 1P.1 Different types of entrepreneur venture Entrepreneurship refers as a path of several activities carried through for start a newventure. Therefore, they are able to earn high amount of profit in current market condition.Entrepreneur is focus on revenue of organisation (Hardy, Cynthia, and Maguire., 2017). In thisaspect different kinds of entrepreneur venture are as follows:- Small business enterprise :- In these types of venture is denoted unique and innovation.It influences the individual towards the organisation. In small business enterprise is useplaning to start a new venture. Planing is most important to start a new venture, with thehelp of planing use different techniques is to be used small business enterprise (Yan andYan, 2017). Further, they are also determines their operations and functions to makethemselves in systematic to compete with the market. It includes different types ofbusinesses such as barber shop, grocery stores, travel agency, etc. All these people arehighly skilled that assists to meet with opportunities that make creative functions andoperations at workplace. With the help of providing proper fund and money, the companyable to deliver their growth in the market to make themselves leader. Main typologyincluded in this is earning high profits so that people can fulfil their own and familyrequirement in systematic manner. 1

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