Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,866,806 members, 6,879,750 topics. Date: Wednesday, 25 May 2022 at 08:05 AM

TRADE NIGERIA: Relationship Between Small Business And Entrepreneurship..... - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / TRADE NIGERIA: Relationship Between Small Business And Entrepreneurship..... (553 Views)

The 2020 Tony Elumelu Foundation Entrepreneurship Programme Is Now Open – / Multiskill And Entrepreneurship Development Centre, Abia State To Export Its Pro / Best Small Business Loan Websites You Can Use To Boost Your Business (2) (3) (4)

(1) (Reply)

TRADE NIGERIA: Relationship Between Small Business And Entrepreneurship..... by TradeNigeria1(m): 12:15pm On Mar 02, 2020
The term "entrepreneur" is often conflated with the term "small business" or used interchangeably with this term.....

While most entrepreneurial ventures start out as a small business, not all small businesses are entrepreneurial in the strict sense of the term. Many small businesses are sole proprietor operations consisting solely of the owner—or they have a small number of employees—and many of these small businesses offer an existing product, process or service and they do not aim at growth.


In contrast, entrepreneurial ventures offer an innovative product, process or service and the entrepreneur typically aims to scale up the company by adding employees, seeking international sales and so on, a process which is financed by venture capital and angel investments. In this way, the term "entrepreneur" may be more closely associated with the term "startup".


Successful entrepreneurs have the ability to lead a business in a positive direction by proper planning, to adapt to changing environments and understand their own strengths and weakness.

(1) (Reply)

Six Plot Of Land For Sale At Ibeshe Ikorodu Lagos / Farm To Wealth. / NSE Demutualisation: What You Should Know

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 21
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.