Entrepreneurship and Small Business: Venture Typology and Analysis

This presentation provides an overview of entrepreneurial ventures, focusing on the types of ventures and the differences and similarities between public and private enterprises. It begins by defining entrepreneurship and intrapreneurship, highlighting the traits necessary for business growth. The presentation discusses lifestyle ventures and their focus on product quality. It then contrasts public and private ventures based on management skills, structure, economic motives, and reward emphasis. Similarities between the two, such as the importance of loyal customers and funding sources, are also noted. The conclusion emphasizes the importance of knowledge and analysis for entrepreneurs to compete effectively in the market. The document also provides a list of references.

ENTREPRENEURSHI
P AND SMALL
BUSINESS
MANAGEMENT

TABLE OF CONTENT
 INTRODUCTION
 P1 Types of Entrepreneur Ventures
 P 2 Differences and Similarities Between
Entrepreneurial Ventures
 CONCLUSION
 REFERENCES

INTRODUCTION
 Entrepreneurs are the small business owners which
have the skills to increase potential of its employees
and business firm. Due to increase in market
demand and change in trends it is very important
for business owners to have proper knowledge to
understand all the micro level factors present in
business environment to determine effective
business strategies and policies.
 The power point presentation would cover the
typologies of entrepreneurship venture, type of
ventures and the differences and similarity of public
and private enterprises.

P1 Types of Entrepreneur
Ventures
 Entrepreneurship is the process of managing small
business organization with high skills and
knowledge. Entrepreneurship is the activity to
increase the business growth to attain larger profit
margins which helps business to compete in market
and achieve core competency.
 Intrapreneur is acting like a entrepreneur within a
large organization. This is so since it would get more
innovative ideas and creativity in the organization.

Typology of Entrepreneurship
Ventures
 There are traits which individuals must have so that
they can make their businesses grow in market. To
earn profit, it is essential for organization to have
different types of entrepreneurship traits.
 Lifestyle Ventures
 This venture focuses on quality of products and
services which business is providing to customers so
that they can match standards of population.
Disadvantage of this venture is that they do not aim
at managerial aspect in firm, and they do not
exploit resources which will help business to grow in
market. This is a large venture enterprise.

P 2 Differences and Similarities Between
Entrepreneurial Ventures
 Differences
Basis Public Private
Management skills This type of venture
has a good decision
making for the
organization and they
have a skill of
problem solving so
that the conflicts do
not take place in the
organization.
In private ventures
they have a better
communication skills
which is very
beneficial for the
company. Motivation
and planning in the
organization is also
well put in the
organization.
Structure The structure which
is followed in this
type of enterprise is
divisional structure
which helps the
organization to
function better.
The private
enterprise venture
follow the simple
structure so that they
can make the
communication
stronger and they will
be able to make the

Economic Motives The major economic
factor of the public
venture is how to
increase the welfare of
the organization and not
the private motive for
themselves. The entire
organization is having to
work for the common
motive which is increase
the welfare of the
organization.
The main motive of this
venture is how to
increase the profitability
of the organization over
all so that they can grow
faster and expand
themselves further.
Focus is only on making
the maximum
profitability in the
market which is what the
private enterprises are
in the market for.
Reward Emphasis The rewards which are given
by public ventures are more
which is there is a dividend,
bonus and salary which is
given to them as they
deserve. And equality is also
provided to the employees
when the rewards are being
distributed so that they can
make the most from that
factor. Employees remain
motivated because of this
factor which is very
Private ventures give
incentives as a reward and
salary as well. The
motivation level of the
employees in a private is
lower as compared to a
public venture. It is very
important to give the
rewards and the right
amount what the employees
deserve so that the
employee put in their best
for the organization to make
CONTINUE

Similarities
 There are loyal customers in both types of ventures
in the market. It is very important for the company
to have a loyal base of customers in the market
which is important so that the business can grow for
their personal motives.
 Funds can be got in the company from any source
which is a profitability which both types of ventures
have for their growth in the market.

CONCLUSION
 From the above study it can be concluded that
enterprise in the business have knowledge and
experience for their own business to work in market.
 Entrepreneurs in this competitive market are
increasing because of the government helping them
to rise which is making more products entire the
market easily.
 A lot of analysis has to take place for the company
to start in the market so that they can compete in
the market and not just that but stay in the market
for a long run and make a lot of profit.

REFERENCES
 Amato, C and et.al., 2017. Regulatory modes and
entrepreneurship: the mediational role of alertness in small
business success. Journal of Small Business Management.
55(sup1), pp.27-42.
 Blackburn, R.A., 2016. Government, SMEs and entrepreneurship
development: Policy, practice and challenges. Routledge.
 Boermans, M.A. and Willebrands, D., 2017. Entrepreneurship, risk
perception and firm performance. USE Discussion paper series.
17(04).
 Burns, P. and Dewhurst, J. eds., 2016. Small business and
entrepreneurship. Macmillan International Higher Education.
 Burns, P., 2016. Entrepreneurship and small business. Palgrave
Macmillan Limited.
 Cole, R.A., 2018. Bank credit, trade credit or no credit: Evidence
from the Surveys of Small Business Finances. Trade Credit or No