Archive | Entrepreneurship

7 reasons why small scale business often fails

Small scale entrepreneur ship demands success with very limited resources. No time is bad but the actual success depends upon one’s mastery over the complete process from the source of raw material…

What are the main features or elements of planning ?

The main features or elements of planning are discussed in detail like determinate authority, goals and objectives , fixed time periods,  growing importance of the public sector etc…

What is Innovation and Entrepreneur ?

Innovation implies doing new things or doing of things that are already being done in a new way. It includes introduction of new products, creation of new markets, application of new method but entrepreneur is…..

What is a Partnership Firm ?

It is a form of business organization which is owned and controlled by two or more persons who jointly contribute to the funds required for the conduct of business. A partnership firm can be formed with minimum of 2…

What is the true meaning of Entrepreneurship ?

Entrepreneurship means the act of being an entrepreneur. It is as old as civilization. Many famous economists like David Ricardo, Adam Smith emphasized not much of role played by entrepreneurship in the society…

15 Important entrepreneurial traits or competencies

Important entrepreneurial traits or competencies are initiative, looking for the opportunity, persistence, information seeker, quality consciousness, commitment to work, commitment to efficiency…

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