Understanding Entrepreneurship Leonardo Matarrese

Chapter 7 Understanding Entrepreneurship & the Small Business Leonardo Matarrese @MyPlick

What is a Small Business? ,[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

The Importance of Small Business in the U.S. Economy ,[object Object],[object Object],Leonardo Matarrese @MyPlick

The Importance of Small Business 7 - Leonardo Matarrese @MyPlick 86.09 11.00 2.00 0.20 0.10 Percentage of All U.S. Businesses Total Employees Under 20 20-99 100-499 500-1000 1000 or more 25.60 29.10 25.50 7.10 12.70 Percentage of All U.S. Workers Total Employees Under 20 20-99 100-499 500-1000 1000 or more

The Importance of Small Business in the U.S. Economy ,[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Big Business: Jobs Created & Lost 7 - Leonardo Matarrese @MyPlick -181,100 -116,000 -92,153 -86,578 -86,475 -21,100 -16,340 -3,400 +639,000 +100,000 +45,000 +36,270 +29,000 +22,900 +21,631 +12,100 Gains Losses General Motors PepsiCo IBM General Mills Kmart National Semiconductor Quaker Oats General Motors Wal-Mart Dayton Hudson Albertson’s Circuit City Barnes & Noble Dell Computer ConAgra America Online

Popular Forms of Small-Business Enterprise ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Small Business by Industry 7 - Leonardo Matarrese @MyPlick Other 1.7% Manufacturing 5% Finance & Insurance 10% Wholesale 8% Transportation 5% Services 37.6% Retailing 22.7% Construction 10%

Entrepreneurship ,[object Object],Leonardo Matarrese @MyPlick

The Distinction Between Entrepreneurship & Small Business ,[object Object],[object Object],Leonardo Matarrese @MyPlick

Entrepreneurial Characteristics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Success and Failure in Small Business ,[object Object],Leonardo Matarrese @MyPlick

Trends in Small Business Start-Ups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Reasons for Failure ,[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Reasons for Success ,[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Starting & Operating the Small Business ,[object Object],[object Object],Leonardo Matarrese @MyPlick

Starting the Small Business ,[object Object],[object Object],Would-be entrepreneurs must decide how to get into business. Should they: Leonardo Matarrese @MyPlick

When starting from scratch, entrepreneurs must determine: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Where can a small business owner get necessary information? ,[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Financing the Small Business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Other Sources of Investment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

SBA Financial Programs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Sources of Management Advice ,[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Management Consultant ,[object Object],Leonardo Matarrese @MyPlick

Small Business Administration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Networking ,[object Object],Leonardo Matarrese @MyPlick

Franchising ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Advantages & Disadvantages of Franchising ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Leonardo Matarrese @MyPlick

Understanding Entrepreneurship Leonardo Matarrese

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Understanding Entrepreneurship Leonardo Matarrese