Entrepreneurship and Small Business Management

Entrepreneurship and Small
Business Management

Table of content
INTRODUCTION
Different types of entrepreneurial ventures
Entrepreneurial venture typologies
Difference between large and small entrepreneurship
Difference in social and scalable entrepreneurship
Similarities in large and small entrepreneurship
Similarities between social and scalable entrepreneurship
REFERENCES

INTRODUCTION
Entrepreneurship refers to a business practice where an individual undertakes an activity of setting up a
business with handling all the related operations and risk associated with earning of profits. An entrepreneur is
a person or individual who on their own developed a business and where all the risks associated with it and
take all the responsibilities. The report is constructed for providing inappropriate understanding of different
entrepreneurial Ventures and their dependency on different typology of entrepreneurship. Moreover
differences and similarities are also highlighted amongst different entrepreneurial Ventures.

Different types of Entrepreneurial Ventures
Entrepreneurial ventures are those businesses which are initiated and constructed by an individual entrepreneur
where they make use of their unique ideas in order to provide the best quality goods and services for the customers
aligning them with their needs and preferences. There are different types of entrepreneurship or entrepreneurial
Ventures which are mentioned and explained below.
 Small business entrepreneurships a started by entrepreneur with very limited resources and financial capitals.
 Large business entrepreneurship are those entrepreneurships which are started by an individual but the
investments and its operational standards are very high.
 Scalable entrepreneurship are such enterprises which are based on some assumptions that another winner have
in their mind in relation with their specific idea.
 Social entrepreneurship are enterprises which are established by entrepreneurs with single objective of social
welfare and of helping others who are not able to help themselves due to many different reasons.