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In what ways is entrepreneurship vital to the private enterprise system?

Entrepreneurship¬†is primarily in small businesses. Small businesses make up nearly half of all private enterprise (publicly-held corporations make up about half). Small business are very vital. Here’s why. Small businesses provide groceries, gasoline, auto repair, furniture, cars, trucks, appliances, light bulbs, many things you need in your house, and, they build houses. They also provide… read more »

Gym: Pob SBA Sample – Roles of Entrepreneur

An entrepreneur is a person who undertakes he risks involved in establishing and running a new business. Entrepreneur is characterized by the role they play in enterprise: 1. Planning and developing new ideas. 2. Accessing funds to operate the business. 3. Looking for ways to improve the production of goods and services.