BTEC Unit 9 - Entrepreneurship & Small Business Management

This report delves into entrepreneurship and small business management, focusing on venture types, similarities and differences between entrepreneurial approaches, and the economic and social impact of small and micro businesses, SMEs, and startups. It highlights the skills needed for entrepreneurial success, the influence of entrepreneurial personality, and potential hindrances. The report uses Ernst & Young as a case study to illustrate these concepts, covering job creation, GDP contribution, innovation, community development, and ethical considerations. It also addresses the role of SMEs and startups in providing employment and driving economic growth within the UK.