Understanding Different Types of Entrepreneurships

This presentation discusses the different types of entrepreneurial ventures and businesses, including high impact and small profit ventures, small and large businesses, and the difference between venture and entrepreneurship. It also covers the scope, growth, and development of entrepreneurial ventures in the public and corporate sector. The presentation is relevant to Entrepreneurship and Small Business Management (Unit 9) and is suitable for college and university students.

Understanding different types
of Entrepreneurships

INTRODUCTION
Entrepreneur can be defined and explained when
the individual comes up with the different
innovative ideas and thoughts in the business
market . The proper structural setup of new start-
up and business in the market is knowns as the
entrepreneur .

Different types of entrepreneurial ventures
 There are different type of ventures and different type of entrepreneurship. It can be explained as where
the entrepreneurship is mostly about where the business organisation takes the opportunities and the
achieve the goals in order to accomplish their task and generate the profit from it .
 Components of the entrepreneurial ventures encompasses the four elements which are the people ,
opportunity, context and the last one is deal .

The entrepreneurial ventures
High impact entrepreneurial ventures : It
can be explained where the small scale of
business plan which is originated and
generated from the particular team of the
individual who aim for making the higher
profit in the future . Generally in this the
excepting to generate the higher profit by
coming up with small scale

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small profit entrepreneurial venture : In this the
business plan are usually designed where the limited
profit is there and the risk level is also not high. The
limited and significant amount of product is usually
invested in the market for the exchange of money as the
risk is not taken at high peak .

Types of Business
 Small business : This type of business encompasses
all the retail store which are generally smaller in
size. In this the intention is not to grow the business
into a franchise or the bigger chain .
 Large company : In the worker works for a larger
group with the established company which is
already big .

Venture vs entrepreneurship
 The major prominent difference between them is
about the business starting stage . The business can
be defined which is majorly connected with start-up
stage in which the investors are highly aware about
the continuity and the growth as well as risk which
will be undertaken .
 Enterprise is majorly known for the size and scale
of operations which take place in business . There
might be the reflection of ownership .

Scope, growth and development of entrepreneurial
ventures in the public and corporate sector .
Scope
The range of entrepreneurial venture is generally
depended on the sizes, the geographical locations
and the structure of the business . Further the
entrepreneurship has the high range of success in
future as the profits are higher and the youths has
tendency to tackle the risk .

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Development
The development of venture is non one-
dimensional as the there are the proper
structure and series in the stages of
development . There are the usually four
distinctive stages in explaining the venture
growth usually encompasses the start-up ,
rapid growth , expansion and the maturity .

Conclusion
From the report it can be described as there are different types of entrepreneur and the different
sort of venture. It is also explained as the small and large scale of business. The
entrepreneurship and venture have more of difference than the similarities. The entrepreneur
has its own use in the corporate and public sector .

REFERENCES
 Segrestin, B., Hatchuel, A. and Levillain, K., 2022. Rethinking the purpose of the
corporation with the creative power of the enterprise. In The corporation: Rethinking the
iconic form of business organization. Emerald Publishing Limited.
 Sindakis, S. and Aggarwal, S., 2022. The Implications of Brexit for Small Businesses in the
UK. In Small Business Management and Control of the Uncertain External Environment.
Emerald Publishing Limited.
 Yeow, A., Sia, S.K., Soh, C. and Chua, C., 2018. Boundary organization practices for
collaboration in enterprise integration. Information Systems Research, 29(1), pp.149-168.

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