Class 11 Business Studies Chapter 9 Small Business and Entrepreneurship

Though small business and entrepreneurship have a lot of roles in common, there are distinct points that set them apart. Small businesses are engaged and follow established and identified goods and services, therefore, small business owners encounter less little or known risk.

While entrepreneurship invests on new and innovative products that involve new ideas and steps to establish a business, managing it; therefore, involves high risk.

Let us understand and get more insight into various phases of Small Business and Entrepreneurship.

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