文档介绍：chapter 6 The Environment of Entrepreneurship and Small Business Management
Six
hapter
The Environment of Entrepreneurship and
Small Business Management
Entrepreneurship
Process of initiating a business venture
Organizing the necessary resources
Assuming the associated risks and rewards
Downsizing forced many to consider other options
Women and minorities are seeing entrepreneurship as the way to go
Women are starting businesses today at twice the rate of men
Entrepreneurship and
the Environment
Approximately 23 million small businesses in the United States
Account for nearly half the sales of all goods and services
27>0 million Americans earn their living as “solo professionals”
Reasons for movement toward small business
economic changes
globalization and petition
technology
new opportunities and market niches
Definition of Small Business
Definition used by SBA is detailed plex, 37 pages of SBA regulations
Independently owned and operated
Minor player in its field
Depending on the industry the number of employees
Annual sales consideration, depends on the industry
Impact of panies
Job Creation
Produced about 64% of the 23>.5 million new jobs during 1996
600,000 new businesses each year
Approximately 21 million businesses exist
Only 15,000 employ more than 500 people
More than half of all . Businesses employ fewer than 5 people
Innovati