Entrepreneur and Small Business Management

ENTREPRENEUR 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.