Business: Section 1 (Enterprise)

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  • Enterprise
    • Can See and take advantage of new business oppurtinities
    • Gap in the market.
    • Risk of failure , reward is the profit.
    • Starting up a new business or helping exisiting one expand with new ideas.
    • Balancing Risks
      • Gather resources to start or expand
      • Calculated risk- Weigh up consequences
      • Entrepreneurs ask themselves if the risk is worth taking
      • Research and planning carefully
    • Succesful Entrepreuers
      • Ability to think ahead
      • Initiave
      • Drive and determination
      • Decisiveness
      • Networking skills
      • Willingness to take calculate risks
      • Ability to plan carefull
  • Market Niche
    • Enterprise
      • Can See and take advantage of new business oppurtinities
      • Gap in the market.
      • Risk of failure , reward is the profit.
      • Starting up a new business or helping exisiting one expand with new ideas.
      • Balancing Risks
        • Gather resources to start or expand
        • Calculated risk- Weigh up consequences
        • Entrepreneurs ask themselves if the risk is worth taking
        • Research and planning carefully
      • Succesful Entrepreuers
        • Ability to think ahead
        • Initiave
        • Drive and determination
        • Decisiveness
        • Networking skills
        • Willingness to take calculate risks
        • Ability to plan carefull

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