Give examples of how small businesses fill needs of society and other businesses.

Q: Outline THREE challenges faced in setting up a business

A: Business  The activity which is concerned with earning some money to live. It is about to engage in…

Q: Advise the options in determining which business enterprise is best when going into business

A: Introduction People establish their own enterprises for a variety of reasons, ranging from the…

Q: please answer all questions A- Explain the importance of Small Business in our Economy.   B-…

A: A small business knowingly embraces organizational development, referred to in the business as…

Q: Explain the importance of small businesses in a country’s economy.

A: Introduction- Small businesses contribution is more than the large corporations in the country's…

Q: How does a well-written business plan benefit an entrepreneur?

A: Business Plan refers to the documentation of strategies and techniques which are required to achieve…

Q: Why did small businesses challenge larger businesses?

A: Every business is created to create value in the economy. They Provide value to shareholders in…

Q: Explain how entrepreneurs using external parties to help grow a business?

A: Entrepreneur An entrepreneur is a term that is used to define an individual who establishes his or…

Q: Define Entrepreneurship and Entrepreneur in short?

A: The people have different tastes, preferences, desires, attitudes, interests, dislikes and likes,…

Q: Explain in your own words what it takes to be a successful entrepreneur.

A: An entrepreneur can be defined as an individual who starts a business in order to gain profit from…

Q: Briefly describe four contributions of small businesses to the American economy.

A: Before we get into the role of small businesses in the US economy, it's important to define the term…

Q: Discuss the main challenges that an entrepreneur faces in setting up a small business. Discuss the…

A: An entrepreneur is a person who starts a business with the risk in the hope of getting profit.

Q: Describe the different stages involved in running up a small-scale enterprise.

A: Entrepreneurship or entrepreneur organizations are the organizations that exhibit the risk-raking…

Q: Describe in detail TWO (2) examples of entrepreneurial values that must be in the minds of students…

A: Living in a civilised society some qualities like honesty, cooperation, truthfulness are really…

Q: Differences between social entrepreneurship and family business with relevant examples of social…

A: Entrepreneurship is the ability of an individual which identifies and analyses the process of…

Q: Recognize the fields in which small businesses are concentrated.

A: Business organization differs from one another based on their organizational structure, size and…

Q: Explain the importance of Small Business in our Economy

A: Small Business, new businesses give work freedoms to neighbors and local area. It makes a greater…

Q: Explain the four attributes entrepreneurs need to make them successful

A: The skills/attributes/traits that a good entrepreneur should possess so as to ensure a good and…

Q: Differentiate "entrepreneurship" from 'small business"

A: Answering the first question as per the guidelines. The second question is graded hence, it cannot…

Q: Give the differences between an entrepreneur and a businessman.

A: There are different organizations and industries that are active these days. There are different…

Q: Identify the people who start small businesses

A: We all must have heard the term MSME -  Micro, Small and Medium Enterprise.  They are the major…

Q: How do I build my business up

A: The business word could be defined as the sumed up events of events of production, distribution and…

Q: Describe some of the reasons why entrepreneurs and small businesses fail

A: An entrepreneur is a person who decides to initiate his business by taking risks. Large businesses…

Q: Describe what are three factors which entrepreneurs consider as their business success?

A: The entrepreneur is an individual who comes up with the idea of beginning a business in order to…

Q: What is the difference between entrepreneurship and an entrepreneur? Briefly expound your answer,…

A: The needs and desires of the customers evolve continuously. Some of the needs and wants of the…

Q: Briefly describe four contributions of small business to the American economy.

A: A small business administration is an autonomous organization of the United States government that…

Q: Explain the importance of small businesses in our economy

A: A small business refers to a venture or an establishment that hires a few workers. Its turnover is…

Q: Why Small businesses are important to the U.S. economy.

A: Small businesses are the businesses that are owned by individuals and are independent in nature.…

Q: Explain how family businesses sustain their enterprises in the long-term.

A: Family Businesses A family-operated business is one in which two or more family members are…

Q: Characteristics of an entrepreneur

A: There are various businesses and industries that are active these days. There are many businesses…

Q: Can everyone become an Entrepreneur, why?

A: An entrepreneur is a person who does another business, bearing a large portion of the dangers and…

Q: Describe the traits found in successful entrepreneurs.

A: Introduction Entrepreneurs are the creators of a new startup. They are defined as an innovator, they…

Q: Describe some key characteristics of entrepreneurial personalities and activities?

A: Business is an activity of making money or one’s living by producing some products or services or…

Q: What is meant by a entrepreneur?

A: Entrepreneurship is one of four resources identified by economists as essential to production:…

Q: State the disadvantages of operating a small business.

A: Concept Of A Small Business - Small Business, is a concept, which is defined as the different types…

Q: Explain social entrepreneurship as a vital part of today's small-business environment.

A: A social entrepreneur is an individual seeking after novel applications that can tackle local area…

Q: What are the characteristics of an entrepreneur?

A: Entrepreneurship is a business model where the person starts a new business with their innovative…

Q: How franchising a small business can affect the total profit and growth of the business

A: Franchising can be explained as the method through which the company or organization tries to…

Q: Explain the strategic planning for small enterprises

A: The correlation between a great idea and business success is strategic planning. A smart strategy…