Entrepreneurship and Small Business Management

ENTREPRENEURSHIP AND
SMALL BUSINESS MANAGEMENT

Table of Contents
INTRODUCTION.....................................................................................................................................2
PART 1.......................................................................................................................................................2
Examining different forms of entrepreneurial ventures and their relation with types of typology of
entrepreneurship......................................................................................................................................2
Explaining similarities and differences between entrepreneurial ventures...............................................3
Critically examine scope, growth and development of entrepreneurial businesses..................................5
Interpreting and assessing data and statistics to illustrate how small & micro ventures impact on
economy..................................................................................................................................................5
Explaining significance of small business and venture startups to growth of social economy.................6
PART 2.......................................................................................................................................................6
Covered in PPT.......................................................................................................................................6
CONCLUSION..........................................................................................................................................6
REFERENCES..........................................................................................................................................7

INTRODUCTION
Entrepreneurship is defined as one of those activities for which an individual is
accountable and efforts to set up venture or company through it. The current assignment will
explain types of entrepreneurial ventures and their interrelation with typology. It will define the
similarities and differences between each venture and information about how micro & small
ventures impact on national, local and international level of economy. Furthermore, the report
will justify importance of small businesses and venture start-ups to progress of social economy.
PART 1
Examining different forms of entrepreneurial ventures and their relation with types of typology
of entrepreneurship
Any establish company-
In this category of entrepreneurial venture, TESCO may include that operate its business
functions within retail industry through well-established ventures and outlets.
Small size social venture-
This kind of entrepreneurial companies may contribute to support local people at place
where, an organization may operate such as Funeral care (Günzel-Jensen and et.al., 2020).
Large size social venture-
British red cross is included in list of big social companies that support to improve living
standards of local people in the UK and across the nation.
High growth companies-
Google as high growth company may efforts to earn a lot of profit by offering top quality
services to everyone as customer.
Typology-
Survival companies-
This typology defines the activities of those organizations such as funeral care that effort
a lot to sustain business for longer.