Return to site

Biggest Problems Facing Small Business Research Paper

broken image

Biggest Problems Facing Small Business - Research Paper ExampleFrom this paper it is clear that in today’s business environment it is necessary for a small business to think beyond survival.  Lack of key management services could limit the success of a small business. An entrepreneur is one who possesses a burning desire to make a change through dedication, determination and hard work, knowing that it satisfies their ultimate business and personal objectives. Entrepreneur is a term applied to the individual who is ready to take upon him or herself a new enterprise or venture and accepts complete accountability for the outcome.Entrepreneurship refers to a company formed with an express goal of growing with a defined growth path. Small businesses are generally consortium of professionals or a family-owned company formed with specific objectives in place. In majority of the cases, providing adequate income is more important than aggressive growth.