2-Entrepreneurship 2

2-Entrepreneurship 2 - BMGT 110 Introduction to Business...

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
BMGT 110 Introduction to Business Management Entrepreneurship 2
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Entrepreneurship and Small Business Entrepreneurship The process of creating and managing a business to achieve a desired objective Small Business Any independently owned and operated business that is not dominant in its competitive area and employs fewer than 500 people
Background image of page 2
10 Reasons to Start a Business 1. You are your own boss. 2. You get to do what you are interested in. 3. Your firm = Your deadlines. 4. You can be creative. 5. Its not that hard to do. 6. It can be very profitable. 7. Its varied. 8. You can cut the commute. 9. You can have a second career. 10.The big dream really can be a reality. Source: “10 Reasons To start a Business in 2006” Startups.co.uk, http://www.startups.co.uk/10_reasons_to_start_a_business_in_2006.YffPoaQ.html (accessed October 31, 2006)
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
What Is a Small Business? Any independently owned and operated business Not dominant in its competitive area Does not employ more than 500 people
Background image of page 4
Facts About Small Businesses
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Role of Small Business in the American Economy Job creation Innovation Exporting Did You Know? 9.1 million women-owned businesses employ 27.5 million and contribute 3.6 trillion to the economy. 3.25 million minority-owned firms employ 4 million and account for $495 billion in revenues
Background image of page 6
Number of Firms by Employment Size
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Industries That Attract Small Business Retailing and Wholesaling Services Manufacturing High Technology Did You Know? 39 percent of high-tech jobs are in small businesses
Background image of page 8
What are the Advantages of Owning a Small Business?
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 25

2-Entrepreneurship 2 - BMGT 110 Introduction to Business...

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online