Forums Management What is Entrepreneurship?

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    Juhi Garg
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    What is Entrepreneurship?

    #16625

    Juhi Garg
    Member

    Answer – Entrepreneurship means to start a new business venture on your own and this starts by making a plan at first and by executing the unique business plan into the actual work form and slowly and steadily progressing towards the results. This concept of entrepreneurship is very famous in today’s era and every other person wants to start their own business and wants to become their own boss. This is a way to make a country self-employed and to promote the domestic business. Everyone wants to start up their own business entity and this concept is also famous as the governments of various countries are also supporting the youth and giving various schemes and concessions to the new and emerging start-ups and new business ventures. Before starting a thing new the basic thing requires is a new and innovative idea or concept based on which a company can make products and can provide services to the public and the target audience in the market and for which the chances of growth are high. Many companies provide a good amount of capital to the new and emerging companies and start-ups and help them to establish their own business in the market and in the industry. Some steps are required to be followed to make and strategies a business venture the first step starts from the having a vision and the idea in mind which second is having a proper business and so on with directing the business plan with planning of resources of raw material, capital machines and equipment’s and after that framing the road map of the other processes and implementation of the road map of business.

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