Entrepreneurship & Small Business Management: A Typology Analysis

This essay provides an overview of entrepreneurship typology, differentiating between small, large, and social businesses, and lifestyle versus growth firms. It analyzes the impact of micro, small, medium, and large enterprises on the UK economy, highlighting the role of SMEs in job creation, regional development, and GDP growth. The essay also emphasizes the value of small businesses and startups in fostering social and economic development, including job opportunities, improved living standards, and contributions to local economies. The document concludes by citing relevant academic sources to support its analysis.