PLANNING

Presented By

Performance of Entrepreneurial Organization

The formulation and implementation of an

effective strategy plays a major role in determining the overall Performance of an entrepreneurial organization. This examines how entrepreneurial firms evolve over time and the attributed of these firms that enhance their chances of success.

Trends in Small Business Start-Ups

Several Factors for the Trends:

Emergency of E-Commerce. Crossovers from Big Business. Opportunities for Minorities and Women Better Survival Rates.

Emergency of E-Commerce.
One of the MOST significant recent trends in small business start-ups. Internet has provide fundamentally new ways of doing business, savvy entrepreneurs have been able to create an expand new business faster and more easily than ever before.

Crossovers from Big Business.

More Business are being started by people who have opted to leave big corporations and put their experience and know how to work for themselves.

Opportunities for Minorities and Women

Minorities & women are starting more small business. Women entrepreneurs growing rapidly. Once in charge of their own business, women also

report that they like being their own bosses, setting

their own hours, pleasing customers ,making

decisions and achieving goals.

Better Survival Rates.

More People are encouraged their skills as

entrepreneurs .

Reasons for Failure

Four General Factors contribute to new

business failure.

Managerial acumen . Neglect. Weak Control Systems. Insufficient Capital.

Reasons for Success

Four General Factors for new business success

Hard Work,drive & dedication. Careful Analysis. Managerial Comptence. Luck.