6.1 Entrepreneurs
What’s in it for me?
Reading this chapter will help you do the following:
-
- Understand the strategies for starting a new business
- Know the pros and cons of different forms of business
- Learn what leads to the success or failure of new businesses
People who take the risk to start a business are called entrepreneurs. And yes, you should know how to spell it. Not because you won’t use spellcheck but because if you know how it is spelled, you will know how to pronounce it correctly.
In this chapter, we’ll look at some concepts as they relate to entrepreneurs.
Learning Objectives
- Compare the different forms of business ownership
- Discuss the challenges and opportunities of entrepreneurship.