There are types of ventures that manage by entrepreneur successfully, like- Micro enterprises - Micro organization is basically operated at very small size of business which considered only nine people and have balance sheet. In other words' entrepreneur is an individual who recovered and run small businesses and assumes all peril and wages of venture. PART 1 Types of entrepreneurial ventures Entrepreneurs is the person who set up businesses in country and the place where they want having ability and willingness to organize, develop and manage business along with many of its risks in order to gain profitability. This report explains small businesses and micro environment impact on UK economy.
Furthermore, it discusses characteristic, skills and traits of successful businessman and motivational drivers that support to run organization. This report defines corporate and public sectors and development, scope and growth of business. Moreover, it defines differences and similarity between entrepreneurs and reflect variety of entrepreneurial ventures.
It explains differences between owner managers, entrepreneurs and serial entrepreneur. The present report various types of business and how they are related to typology of entrepreneurship. Setting healthy venture environment required active cultural and social behavior of people. Entrepreneurs change the way they do business with the skills which is required for it. Entrepreneurship is essential for global business environment and also as for the growth of entrepreneurial. Every small and large organization starts out as small level of businesses lead by a businessman. It is the process of launching, running and designing new business in marketplace ( Scarborough, 2016). INTRODUCTION Entrepreneurship is the activity of start up businesses, taking on fiscal risks in hope of making profit. Background and experience of entrepreneurs. Motivational drivers of successful entrepreneurs. Aspects of entrepreneurial personality reflect on motivation skills. Characteristic, traits and skills of successful entrepreneurs. Small businesses impact on different levels of economy. Differences between medium, large and small ventures at different levels. Social economy and small business start up. Impact of small and micro businesses on economy.
6 Scope and development of Eagle Food Ltd. 6 Scope and development of National Rail. Scope, growth and development of entrepreneurial ventures. Differences between Intrapreneur, serial entrepreneurs and owner managers.