Entrepreneur and Small Business Management

ENTREPRENUEUR
AND SMALL BUSINESS
MANAGEMENT

TABLE OF CONTENT
 INTRODUCTION
 BACKGROUND AND EXPERIENCE CAN HINDER OR FOSTER
ENTREPRENEURSHIP
 CONCLUSION
 REFERENCES

INTRODUCTION
 Every person has desire to have their own business and people who have the innovative business
ideas and convert them into high profits economic activity according to market trends are known as
entrepreneurs. They have the ability to take risk in order to increase their profitability and business
growth buy satisfying needs and wants of its customers effectively.
 Entrepreneurship is very essential for small business enterprises as it helps to increase thee efficiency
by analyzing all the internal and external environment factors to determine strengths and weaknesses
of business to compete in market effectively and achieve core competency.
 To be more effective in making decision entrepreneurs also need to have potential skills and
knowledge to determine all the factors which is available in the market. In this report there is a brief
explanation about entrepreneurs and small businesses.