Entrepreneurship and Small Business Management

ENTREPRENEURSHIP
AND SMALL
BUSINESS
MANAGEMENT

Contents
Contents...........................................................................................................................................3
INTRODUCTION...........................................................................................................................5
Task 1...............................................................................................................................................5
P1 Different types of entrepreneurial ventures and typology of entrepreneurship................5
P2 Similarities and differences between entrepreneurial ventures.........................................7
M1: Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding
of entrepreneurship in both the public and corporate sector..................................................8
D1: Critically examine the scope, development and growth of entrepreneurial ventures......8
Task 2...............................................................................................................................................8
P3 Interpretation of statistics for showing impact of micro and small business on the economy
................................................................................................................................................8
P4 Importance of small businesses and business starts-ups in growth of social economy. .10
D2: Critically examine how small businesses have an impact on different levels of the
economy (local, regional, national) and in an international context....................................11
Task 3.............................................................................................................................................11
P5. Determine the characteristics traits and skills of successful entrepreneur that differentiate
them from other business manager.......................................................................................11
P6. Assess how aspects of the entrepreneurial personality reflect entrepreneurial motivation
mind set................................................................................................................................14
M3. Explore and examine different lines of argument relating to entrepreneurial
characteristics.......................................................................................................................14
D3. Analyse the characteristic traits, skills and motivational drivers of successful
entrepreneurs, supported by specific examples....................................................................15
Task 4.............................................................................................................................................15
P7. Examine by using relevant examples how background and experiences can hinder or
foster entrepreneurship.........................................................................................................15
M4 Analyse the link between entrepreneurial characteristics and the influence of personal
background and experience to specific successful entrepreneurs........................................16

D4. Critically evaluate how background and experience influences entrepreneurs, both
positively and negatively, by comparing and contrasting examples....................................17
Conclusion.....................................................................................................................................17
References......................................................................................................................................18