Professional Documents
Culture Documents
Definition
Meaning and concept
Pros and Corn
Successful entrepreneurs
Risk in Business
Type of Start Up firms
Process
General Definition: Someone who creates and run a
Business is called Entrepreneur (legal Activity)
Definition with reference
financial Resources
Managerial
Material
Financial rewards
Entrepreneurial Firms
Create a new idea/invention to market and create
into a business
Lifestyle Firms
Provide their owner the opportunity to pursue a
particular sport, hobby, or pastime. These firms are
not innovative, nor do they grow quickly. Commonly,
lifestyle companies promote a particular sport, hobby,
or pastime and may employ only the owner or just
handful people
Example