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Small Business and Entrepreneurship

Small businesses are usually family- and privately-owned establishments with a limited number of employees. Starting a small business is a form of entrepreneurship. It is like turning a ‘problem’ into a ‘profit’ or a ‘need’ into a ‘demand’.

6,973 Questions

How does an entrepreneur contribute to the community?

an entrepreneur contribute to the community by getting unemployed people from the community to come an work an do something beside staying home

Is there any money in knives if you want to sell them?

Yes, there are plenty of examples of successful businesses built around selling knives. However, if you are not manufacturing them, the profit margins would likely be slim and require high volume sales to make a good living from selling knives.

Can small business compete with large corporation in international market?

A small business can compete with a large corporation in international market due to their ease to make use of the Internet and their flexibility as opposed to the rigid practices of large corporations.

How do you business plan?

The best way to write business plan is by first downloading business plan template on the internet and following the guidlines given by the template.

How to start your own business with no money?

You can try applying for a small business loan through a local bank or the US Small Business Administration.

What effect can an entrepreneur have on a business?

A good entrepreneur with great skills helps achieve minimal costs and maximum profits through business analysis.

Who is the Minister for Small Business for Australia?

Bruce Frederick Billson is the Minister for Small Business for Australia.

How easy it to start your own business and where can you get the money to start it?

The difficulty with starting a business arises with getting a positive and workable plan together. Small business loans are a fantastic way to get the capital together for a business.

Is it hard to start your own repo business?

Any business is hard work to open so a repo business would be hard to open as well.

What are the quantities of a good entrepreneur?

Well that is a difficult question, a good entrepreneur will be successful and thus able to afford all sort of things.

Some will use their wealth on eating good food and thus their quantity may be high - they will look a bit tubby.

Others may spend their wealth on a personal trainer and thus keep themselves fit and lean, their quantity will be slight.

What is intreprenuership?

entrepuenership is when you creating a business and intended lose or profit

What are some good names for a candy store?

Most people name their businesses after themselves: McDonald's, Hardee's, and the famous Mars candy-making family, for example. You could also go with a quirky name like Sweets for the Sweet, but those are harder to invent and probably not as popular as people think they will be. Just call it Emily's Sweet Shop or Smith's Candies.

What is the budget of Small Business Administration?

The budget of Small Business Administration is 569,000,000 dollars.

How government help to start small scale industry?

Governments often support small-scale industries through various initiatives, including financial assistance like grants, low-interest loans, and subsidies to reduce startup costs. They may also provide technical support, training programs, and resources for entrepreneurship development. Additionally, governments can create favorable regulatory environments and offer tax incentives to encourage investment in small businesses. Lastly, they often facilitate access to markets through trade promotion and networking opportunities.

How entrepreneurship creates employment?

Entrepreneurship creates new businesses and business platform. These new businesses create employment and new market in the business related world.