An Analysis of Entrepreneurship and Small Business Ventures: A Report

This report offers a comprehensive exploration of entrepreneurship and small business management. It begins with a definition of entrepreneurship, differentiating it from intrapreneurship, and then proceeds to classify various types of entrepreneurial ventures, including private, public, and social enterprises, as well as micro, small, medium, and large businesses. The report delves into typologies of entrepreneurship, such as male and female entrepreneurship, highlighting their characteristics. Furthermore, it examines the similarities and differences between different entrepreneurial ventures, focusing on aspects like ownership, objectives, and structure, and provides examples to illustrate these distinctions. The report concludes by summarizing the key findings and referencing relevant sources. The report is a valuable resource for understanding the diverse landscape of entrepreneurship.

Entrepreneurship and small business management

 Introduction
 Definition of entrepreneurship
 Difference between Entrepreneurship and Intrapreneurship
 Different types of Entrepreneurship
 Typologies of entrepreneurship
 Explore the similarities and differences between entrepreneurial ventures
 Conclusion
 References
Table of content

Entrepreneurship is basically associated with executing and implementing a new idea in form a
business enterprises to earn better profits and to create value for customers and overall society. This
presentation includes a description about different types of entrepreneurial venture together with a
description about various typology of entrepreneurship. Beside this, similarities and difference between
entrepreneurial ventures are also included in this presentation.
Introduction

Entrepreneurship is basically associated with executing and implementing a new idea in form a business
enterprises to earn better profits and to create value for customers and overall society. This presentation
includes a description about different types of entrepreneurial venture together with a description about
various typology of entrepreneurship. Beside this, similarities and difference between entrepreneurial
ventures are also included in this presentation.
Definition of entrepreneurship

Basis Entrepreneurship Intrapreneurship
Definition Entrepreneurship is basically associated with a
dynamic process of creating a new and
incremental idea and wealth.
Intrapreneurship is a process of having
entrepreneurship within an existing
organisation.
Risk Bears all possible risk associated with
management and running an organisation. Have moderate risk limited up-to scope
of authority and power.
Objective To innovate something new and better for creation
of socio economic value. To have better competitive strength in
market and lead to sustainability of
organisation.
Difference between Entrepreneurship and Intrapreneurship

Every economy is categorised into various types of Entrepreneurship on
the basis of their common features and objectives which are explained
below:
 Private enterprises- Theses are the organisations which are mainly
hold and controlled by private individual or group individual.
 Public enterprises- These enterprise mainly falls under the control of
central, state and local government and all operations and functions of
these organisation are managed and control by government or legal
authority of a nation.
Different types of Entrepreneurship

Continue.....
Private enterprises-
The main objective of private enterprises is to make efforts for maximization of profit through providing
quality products to customers. Private enterprises mainly aim at better growth and expansion through
attracting and garbing a larger section of market and customers.
Public enterprises-
The main objective of public enterprises is to provide the most general and basic facilities to citizens of a
nation that includes proper education, health and safety, public transportation, etc.

 Social enterprises- These entities are mainly controlled and managed by its members who are having
the main aim of serving the society. The efforts are made by social enterprises for welfare of society
through supporting and helping the vulnerable and deprived group of people.
Apart from these, entrepreneurship are also categorised into various types on the basis of their size which are as
follows:
Micro- These are the enterprises which are having fewer than 10 number of employees thus, operates at minimum
level and serves a local area only with minimum operations.
Continue….

Continue….
Small- This category includes the organisation which are having 10 to 49 number of employees therefore, the number
of business operations are limited and serves customers only up to domestic level.
Medium- These entrepreneurial ventures have 50 to 249 number of employees and work at a level of metropolitan or
city level with.
Large- These are the big enterprises that are having more than 250 employees in their organisation. They have large
business cycle together with vast functions and also includes the multinational and big global companies.

Typologies basically represent a group of business venture or entrepreneurs who are having some similar
features and traits. The various typologies of entrepreneurship are as follows:
 Male entrepreneurship- These type of entrepreneurship are mainly held and originated by male
entrepreneurs or individual.
 Female entrepreneurship- These are the enterprises which are controlled and managed by female
entrepreneurs who are more conservative in nature.
Typologies of entrepreneurship

Continue….
Male entrepreneurship- The main features of male entrepreneurs is that they are high risk taker and
enjoy grabbing and procuring foresighted opportunity. Beside this, male entrepreneurship are mainly
seen in the field of IT, automotive and constructions and manufacturing companies.
Female entrepreneurship- Female entrepreneurs also have the feature of good communication with
adequate amount of calmness and politeness that helps them in maintaining and having long term and
healthy relations with stakeholders and employees. Females entrepreneurship are commonly seen
infield of fashion industry, retail shops and other small level organisation.

The main similarities among private, public and social enterprises are as flows:
 All theses business ventures makes continuous efforts to provide maximum value and satisfaction to
their clients, customers and members.
 All public, private and social enterprises aim at creating and facilitating a better workplace
environment which is well coordinated and efficient to enhance the performance and productivity of its
employees and members.
All enterprises provides motivations and guidance to its employees to ensure timely achievement of goals and objectives.
Explore the similarities and differences between entrepreneurial ventures