logo

Entrepreneur Assignment - Noms Food company

   

Added on  2020-10-23

16 Pages4614 Words137 Views
What Makes An Entrepreneur

Executive SummaryEntrepreneur can be considered as one of the most crucial concept considering the stateof economy of a country. It can be referred to be a person who come up with some innovativeideas, creative thinking, resources and funds for starting a new venture for self-sustainability,growth or for social reasons. Entrepreneurship may be defined as the procedures in whichincluded various activities regarding creation of unique business. This report undertakes differenttypes of entrepreneurial venture and their relationship with typologies of entrepreneurship. It willexplain similarities and differences of different entrepreneurial ventures. This assignmentconsidered a case study which is based on Noms Food company as how Steph Croft-Simonstarted this popcorn business after getting experiences. She has abilities and various skills orknowledge to create unique business.

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Examining Different entrepreneurial venture and their relationship with various typologiesof entrepreneurship.................................................................................................................12. Similarities and differences between entrepreneurial ventures..........................................33. Discuss range of entrepreneurial venture to demonstrate an understanding ofentrepreneurship in public and corporate sector.....................................................................54. Examine the scope, development and growth of entrepreneurial ventures........................6TASK 3............................................................................................................................................6INTRODUCTION...........................................................................................................................61. Determination of characteristic, traits and skills of successful entrepreneurs....................62. Identify various aspects of entrepreneurial personality that reflect entrepreneurialmotivation and mindset..........................................................................................................73. Explain entrepreneurial characteristics as entrepreneurs born and made...........................84.Background and experience that can hinder or foster entrepreneurship.............................95. Link between entrepreneurial characteristic and influences of personal background forsuccessful entrepreneurs.........................................................................................................9CONCLUSION..............................................................................................................................10REFRENCES.................................................................................................................................111

INTRODUCTIONEntrepreneur is an individual who comes up with new ideas, innovative thinking, funds,and resources to start a new business venture along with undertaking financial risk as well. .They consider some personal savings for using as capital or convince to other investors forarranging funds for business development (Ackermann, 2012). This assignment will explainabout different entrepreneurial venture with relations of typologies. It will investigate similaritiesand differences between entrepreneurial ventures. TASK 11. Examining Different entrepreneurial venture and their relationship with various typologies ofentrepreneurshipEntrepreneurial venture can be defined as business that started by an individual withbringing new innovative ideas, creativity, and necessary resources for particular purpose. Theyproduce various goods or services to generate higher revenues and profits through their businessoperations. An entrepreneur is always come up with unique concepts, new thoughts and effectiveideas for the purpose of starts a new venture (Blackburn, 2013). They have several qualities, andabilities to manage business function and perform different task to attain best results. There are defined key entrepreneurial venture such as:Small business entrepreneurship : In this define the business venture which starts oroperates by an individual with coming up some new ideas, innovations and creations to operatebusiness. They focus on developing firms by managing entire activities and operations such asutilisation of available resources, techniques or equipments, land and capital, etc. an entrepreneurundertake a small start up that required sufficient investments and resources so that they cansurvive in their life. It included various kinds of businesses as like general stores, carpenters,travel agencies, salon or barber shops as well. There are number of small businesses operating inthe UK market that contributes more in economy development. For set up a new venture,entrepreneur arrange funds from family, friend and bank loans as well. Scale start-ups : In such types of entrepreneurial venture, an individual starts a firm bysetting unique visions and objectives as they think it will bring best outcomes and positiveresults. An individual have quality to attracts number of investors and generate more funds for

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Entrepreneurship and Small Business Management Post Brexit for UK
|15
|4648
|31

(PDF) The impact of Brexit on UK SMEs
|16
|4622
|444

Entrepreneurship and Small Business Management Assignment Solved
|15
|4702
|74

Impact of Micro and Small-business on UK economy : Assignment
|20
|6003
|95

Entrepreneurship and Small Business Management
|16
|4801
|67

Entrepreneurship and Small Business Management Solution - Assignment
|13
|3711
|191