Challenges and Opportunities for Entrepreneurs and Business Owners
CHALLENGES AND OPPORTUNITIES FOR BUSINESS OWNERS AND ENTREPRENEURS
Challenge- A test of one's abilities or resources in a demanding but stimulating undertaking
Opportunity- A favorable or advantageous circumstance or combination of circumstances.
http://www.thefreedictionary.com/challenge http://www.thefreedictionary.com/opportunity DISTINCTION BETWEEN BUSINESS OWNERS AND ENTREPRENEURS
Objectives & Views | Small Business Owner | Entrepreneur | 1. Primary Motivation | To Make a Living | To Make a Change and Impact | 2. Personal Financial Goal | Regular Income | Exit Value of Company | 3. Career Objective | Self-Employment | Financial Freedom | 4. Financing Strategy | SBA or Bank Loans | Investors | 5. Business Strategy | Creating More Sales | Providing Value | 6. View of Assets | Real Estate and Inventory | Employees & Customers | 7. Risk Taking Profile | Stability | Willing To Fail | 8. Employee Compensation | Market Rate or Below | Will Pay for Top Talent | 9. Work Environment | Extension of Owner’s Home | Fast Paced and Growth Focused | 10. Investment Profile | Main Investor/Owner of Company | Investor/Involvement in Different Businesses | 11. Daily Actions | Day to Day Manager | Strategy, Growth and Collaboration | 12. Work Style | Long-Term and Enjoys Repetitive Tasks | Short-Term and a Serial Innovator/Inventor |
http://www.biztechday.com/difference-between-an-entrepreneur-and-a-small-business-owner/
Challenges of Business Owners
Rick Suttle
Rick Suttle has been writing professionally since 2009, publishing health and business articles on various websites. He has worked in corporate marketing research and as a copywriter. Suttle has a Bachelor of Science in marketing from Miami University and a Master of Business Administration from California Coast University.
Business owners often face challenges with financing their companies.
Business owners face many challenges when running companies.
Challenge- A test of one's abilities or resources in a demanding but stimulating undertaking
Opportunity- A favorable or advantageous circumstance or combination of circumstances.
http://www.thefreedictionary.com/challenge http://www.thefreedictionary.com/opportunity DISTINCTION BETWEEN BUSINESS OWNERS AND ENTREPRENEURS
Objectives & Views | Small Business Owner | Entrepreneur | 1. Primary Motivation | To Make a Living | To Make a Change and Impact | 2. Personal Financial Goal | Regular Income | Exit Value of Company | 3. Career Objective | Self-Employment | Financial Freedom | 4. Financing Strategy | SBA or Bank Loans | Investors | 5. Business Strategy | Creating More Sales | Providing Value | 6. View of Assets | Real Estate and Inventory | Employees & Customers | 7. Risk Taking Profile | Stability | Willing To Fail | 8. Employee Compensation | Market Rate or Below | Will Pay for Top Talent | 9. Work Environment | Extension of Owner’s Home | Fast Paced and Growth Focused | 10. Investment Profile | Main Investor/Owner of Company | Investor/Involvement in Different Businesses | 11. Daily Actions | Day to Day Manager | Strategy, Growth and Collaboration | 12. Work Style | Long-Term and Enjoys Repetitive Tasks | Short-Term and a Serial Innovator/Inventor |
http://www.biztechday.com/difference-between-an-entrepreneur-and-a-small-business-owner/
Challenges of Business Owners
Rick Suttle
Rick Suttle has been writing professionally since 2009, publishing health and business articles on various websites. He has worked in corporate marketing research and as a copywriter. Suttle has a Bachelor of Science in marketing from Miami University and a Master of Business Administration from California Coast University.
Business owners often face challenges with financing their companies.
Business owners face many challenges when running companies.