Bus 100 , Introduction To Business

DIFFERENCE SMALL BUSINESS OWNER AND ENTREPRENEURA humbled line of products owner is defined in various ways . In general it is a firm which employs less than 500 persons . The splendid barter firm makes a significant contribution to the US prudence as it makes up for 99 .7 percent of US employers , generates over 50 percent of non farm output of the scrimping , forms 97 percent of merc move overise firms and produces 29 percent of the merchandise value of US goods , creating a whitethorn be effort an enterprise which is bounteousy established , does not have all instalment of risk and may not be a waxy casualty per seAn entrepreneur , on the other hand pursues a seam opportunity regardless of the resources at his judicature and the threats and challenges it poses (Entrepreneurship , 2006 . He is unstrained to take risks , seeks innovation and is adaptable to victor as comfortably as failures An entrepreneur is a willing tune person who wants to be an employer rather than employee . A secondary business man may or may not be a willing owner as he could well have inherited the business . Entrepreneurship generally involves establishing a saucily company a small business may or may not be a new venture . Besides , an entrepreneur may be small as well as large , for entrepreneurship is not restrict by the resources at unrivalleds disposal . Many entrepreneurs atomic number 18 know to start a chain of ventures rather than limit themselves to one or two businesses for the urge to innovate is overmuch greater in them than a normal businessman . population and financiers course to be more conservative in relations with entrepreneurs who ar seen as adventurers , where as most small business firms are stable ventures and thus provide security two to the banks as well as their employeesRef erencesLeebaert , 2006 . How Small Businesse! s Contribute to U .S . stinting Expansion . HYPERLINK hypertext transfer protocol /usinfo .state .gov /journals /ites /0106 /ijee /ijee0106 .htm eJournal USA : economic Perspectives , January 2006 . HYPERLINK http /usinfo .state .gov /journals /ites /0106 /ijee /leebaert .htm (8 http /usinfo .state .gov /journals /ites /0106 /ijee /leebaert .htm (8 July 2006Entrepreneur . 2006 . Entrepreneur : What s In a Definition ? HYPERLINK http / vane .thinkinglike .com /Essays /entrepreneur-definition .html (8 http / entanglement .thinkinglike .com /Essays /entrepreneur-definition .html (8 July 2006...If you want to get a full essay, order it on our website: BestEssayCheap.com

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