Global Entrepreneurship and Business Management Dissertation

Global Entrepreneurship

and Small Business

Management

9-1 Entrepreneurial Business

9-2 The Business Plan and SelfEmployment

9-3 Operating an Entrepreneurial

Enterprise

9-1 TARGETS

Explain the importance of an businessman

in the advancement an economic system.

пЃЅ Differentiate between the types of

Entrepreneurial businesses.

пЃЅ Describe telecommuting and the a result of

technology upon home-based businesses.

пЃЅ

The Economic importance of

Entrepreneurs

пЃЅ

пЃЅ

The business world is constantly changing. No

a single knows this better than the organization owners

in america. More than 15 million people

in the US personal their own small enterprises.

Nations do not start with highly industrialized

airports, superhighways and computer networks.

In every nation, people get ideas and take

actions to make items better, quicker and more

obtainable. This innovative effort is a basis to get

economic development and increased quality of

life.

Economical and cultural benefits of

Small enterprises

пЃЅ

пЃЅ

Most internet marketers start small. A few have

were only available in a basement or a storage area. Small

businesses play an important part in the

economy. A small company is a great independently

owned and controlled business it does not

dominate an industry.

Small businesses are usually categorized by

number of staff. The USSBA defines a little

business as you with below 100 workers.

Economic and social

benefits

Small Businesses are major makers of

new products.

пЃЅ Small enterprises are the main source

of jobs

пЃЅ Small Businesses typically provide

personal service

пЃЅ

TYPES OF ENTREPRENEURIAL

BUSINESSES

Agriculture, Exploration and Removing

Companies

пЃЅ Manufacturing Companies

пЃЅ Wholesalers

пЃЅ Retailers

пЃЅ Service

пЃЅ

HOME-BASED BUSINESSES

пЃЅ

пЃЅ

Years ago, persons work using their homes since

farmers, weavers and toolmakers. This home

based companies are still within many

countries including the Israel, Pakistan,

Chad, Liberia and Kenya.

Various common internet marketing businesses

include real-estate brokerages, insurance real estate agents,

construction technicians and many more.

TELECOMMUTING

пЃЅ

Requires using a laptop to work at home

instead of in a company workplace or factory.

Telecommuting is best suited to careers that do not

require real time contact with others and maybe

carried out through computer system networks and other

telecommunications tools.

BENEFITS OF

TELECOMMUTING

Businesses helps you to save money simply because they do not

need as much as space for business office.

пЃЅ Companies are able to retain talented

personnel who may not want to work in a

structural environment.

пЃЅ Employees save time and effort since they

avoid travel to a place for employment.

пЃЅ

BUSINESS PLAN AND SELFEMPLOYMENT

Self-employment is the take action of generating a person's income

directly from customers, consumers or additional organizations

instead of being an employee of a business or

person.

пЃЅ Self-employed people generally find their particular work

instead of being provided with work by an employer,

getting income via a control or business that they

work. In some countries governments like US and

UK happen to be placing more emphasis on making clear whether an

individual is definitely self-employed or engaged in hidden

employment, frequently described as the pretense of the

contractual intra-business relationship to cover what is

normally a simple employer-employee relationship.

пЃЅ

SELF-EMPLOYMENT IN U. H

пЃЅ

The normal perception is the fact self-employment is usually

concentrated in some service sector industries,

just like sales people and insurance agents, research

by Small Business Administration indicates

that self-employment occurs around a wide

part of the U. S. overall economy. Also inside the United

Declares, any person is recognized as self-employed pertaining to

tax reasons if that person is running a business

as a sole proprietorship, independent company,

as a member of a partnership, or perhaps as a member of

a limited responsibility company that will not elect to

be...

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