Tech Startup News (1)

1
entrackr

• Get Best Latest News Updates

2
Difference between Entrepreneurship and Small
business Management

• Entrepreneurship and Small Business is the heart
  of every business. Every large company starts
  with a small business. A small business
  enterprise like tech startups requires skilled
  management in order to be successful.
• With time there has been a shift in most
  economies away from manufacturing towards the
  service sectors where small firms like Tech
  Startups News often flourish because of their
  ability to deliver a personalized, flexible,
  tailor-made service at a local level.

3
Best startup news
4
entrepreneurship and small business can be
compared are

• Leadership An entrepreneur is an owner who does
  not employ others in its business, so might not
  need to possess strong leadership skills. A small
  business enterprise manager usually manages a
  staff of employees or maybe an in charge of a
  business operation. On the hand, an entrepreneur
  faces the challenge of ensuring the profitability
  of her operation while effectively leading a
  group of workers.
• Focus Entrepreneurship requires a business owner
  to look at the overview pertaining to his
  business, which may include seeking new markets,
  establishing important contacts through
  networking and planning for future expansion.
  Small business management is more focused on the
  day-to-day operations of the business such as
  dealing with customers, ordering supplies or
  overseeing production. In other words,
  entrepreneurship involves developing the plan
  while management involves the execution of the
  plan

5
entrepreneurship and small business can be
compared are

• Risk The very nature of entrepreneurship
  requires the desire to take the risk. An
  entrepreneur is the risk taker and may be the
  prime investor into the business who consequently
  has to suffer the consequences if the business
  fails. On the other hand, small business
  management usually escapes taking risks and often
  involves in minimizing the risk once it presents
  itself. A small business enterprise limits
  expenses to ensure maximum profitability.
  Entrepreneurship often welcomes risk, while
  business management practices require an aversion
  to risk.

6
Thanks for visiting us

• For more information visit our online portal
  https//entrackr.com/
• Contact us on 9650180903
• Email us on entrackrnews_at_gmail.com