Based On The Different Types Of Entrepreneurs, I Will Want

Formation of a partnership and the formation of a corporation have varying procedures and difficulties associated with them.

• PROFIT RETENTION – Limited partners usually receive a specified amount of profit that is predetermined in an agreement or based on the contribution of the partner. • LOCATION – Limited partners have no say in expansion or relocation of the company in which they are partners with. • CONVENIENCE/BURDEN – One convenience of having limited

Social entrepreneurship which has been applied in so many different ways by so many different analysts that it’s depth of vast complexity is still being unraveled and it seems it is still in infancy. It is a multi-interpretable concept and although the use of the term is widespread its use is either overrated or misused. Hence, it is important to firstly understand what social entrepreneurship really is.

Although partners learn from each other through alliances, promoting inter-firm learning happens when all participants acknowledge a number of critical factors that help or hinder collaboration (Dickson et al., 1997). Compatibility is a critical factor when companies decide to join with one another, and management on both sides examine if the partnership will deliver desired results (Dickson et al., 1997). Although partnering with businesses that offer

A) A real entrepreneur can take an idea and that can be change in to a service or product according to the needs of certain population. Because of this characteristic economists said that “entrepreneurship is becoming an important agent in the growth and wellbeing of the society”.an entrepreneur is motivated by family or society. They offer new completion and also promotes improved productivity. They can recognize and resolves social problems on a large scale. To create social value entrepreneurs act as a change agent for the society like designing and distributing new approaches. Entrepreneur react very quickly and effectively to the change so that they can take the advantage of opportunities. If they can’t capable of quick action it will be result on their process and success. Social entrepreneurs are stepping to solve the problems.

America is the Disneyland of entrepreneurs, a place where anything can happen. America is full of people with different points of view and ways if life. No one person is like another which is truly the greatest thing about America. Everyone is ensured identical rights to dream, achieve, and strive for whatever they want. To be an astronaut, a firefighter, a princess, a cowboy or a CEO of a company are all dreams that can be achieved by anyone, young and old. If somebody dreams of being a princess it is possible. Someone can start a business that hires people to go to young girls’ parties as Elsa or Moana and inspire them. As kids get older they lose their imagination and drive they once had. It begins with the need to be reminded them

Social entrepreneurship is the method used by startup corporations and other entrepreneurs to recognize the social problems and achieve a social change by employing entrepreneurial principles, processes and operations to create, fund and implements innovative ideas with the potential to solve social, cultural, or environmental problems. It is the process of focusing on the improvement of existing conditions. It is seeing an opportunity to remove social and institutional barriers while addressing the market failures connected to the provision of public goods and distributional equity.

Over the past several decades, entrepreneurship has attracted considerable attention of scholars from various disciplines. However, the majority of studies conducted on this emerging field have placed special emphasis on business entrepreneurship in which profit-oriented logic is dominant (e.g., Erikson, 2001; Dejardin, 2011; Campbell & Mitchell, 2012). On the other hand, social entrepreneurship, which focuses on fulfilling unmet socio-economic needs rather than individual profit seeking, has started to gain importance in recent years (e.g., Mair & Martí, 2006; Schorr, 2006; Nicholls, 2006; Dacin, Dacin, & Tracey; 2011). Surprisingly, the vast majority of research conducted on these two research streams has addressed business- and social entrepreneurship separately. This separation has led to a lack of studies on the contexts in which some entrepreneurs, who engage in both for-profit and non-profit entrepreneurial activities at the same time. Since these two entrepreneurial activities have their own characteristics and logics, I propose that they result in tensions and conflicts that the particular entrepreneur should try to manage. Following this proposition, this study takes a step toward filling the aforementioned void. Reviewing the extant literature on both business- and social entrepreneurship has led me to develop my research question as follows: How

As every business organizations, a General partnership has some disadvantages and advantages. Shortly, the main advantages are its velocity and facilitation to start up the business; then there is a

The advantage of the partnership is partners have to support the business with start-up capital, meaning the number of partners is higher, the more money will be put into the business, which allows more potential to grow the business. Secondly, partners could split the work according to their different talents which mutually benefit each other. Also, as long as the partners reach an agreement since the partnership is less regulated strictly than companies, it is easier to form, manage and run.

Partnerships come in two categories, general and limited. With a general partnership, associates succeed the company and undertake accountability for the partnership's debts and other responsibilities. In a limited partnership, partners serve as only investors. The partners have no power over the company and they are not focused with the similar liabilities as general partners have. A general partnership would be easier to practice if two or more partners who strive to be vigorously convoluted in the company. One of the major advantages of a partnership is the tax treatment it entails. A partnership does not pay tax on its earnings but passes through any profits or losses to the individual partners. During tax season, the partnership has to file a tax return that accounts for its income and losses. Personal liability is a main distress if you use a general partnership to develop your

Reporting entities may invest in other companies for numerous reasons .Revolutionary ideas and partnering with industry leaders is one path forward from the rapid pace of business. Alliances established through investments may create value that could not otherwise be generated. Finally, readily accessible sources of financing may further encourage companies to seek opportunities and favorable circumstances to invest in.

Social Entrepreneurs develop societal goals to help solve a problem, they have methods to complete their overall goal with new and exciting traditional practices (Schwab Foundation for Social Entrepreneurship, 2017). Social entrepreneurs are not selfish people they are not the ones that sit around and watch problems build up, they are the ones that try to fix the problem. A social entrepreneur and a business entrepreneur have many similarities with goal to be successful, and can be either non-profit or profit companies. There are many example of social entrepreneurs. I talked with a couple of my friends who stated that they were interested in becoming a social entrepreneur, however they were misinformed of the true definition and did not take the time to complete their own research. Completing research would have not only included defining a social entrepreneurship, it also is finding examples of social entrepreneurships.

Entrepreneurship is the process of designing, launching and running a new business while social entrepreneurs launch the business and implement solutions to social, cultural, or environmental issues simultaneously. Bill Drayton once said, “There is nothing more powerful than a new idea in the hands of a social entrepreneur.” In the world, there are billions of people have no access to education, healthcare, clean drinking water, food and even the basic human rights and respect. Violence, poverty and more global issues are at the alarm rate nowadays. These matters have to be tackled immediately before it is too late to do so. In our opinion, social entrepreneurship is the best way to help the needy and overcome the problem.

Collecting data on social entrepreneurs is problematic for a number of reasons.  For instance, the nascency of the field means that there are relatively few (as compared with fields like commercial entrepreneurship or family firms) potential subjects for those wanting to study founders of social ventures.  Moreover, due to the global nature of the field, social entrepreneurs tend to be a disbursed group.  Add to this the fact that there is little government-mandated public information on most social enterprises (as is the case with publically-traded firms, for example), and one can understand why few empirical studies on social entrepreneurship have gone beyond case studies.  This is