BUSI 1800 Lecture Notes - Lecture 4: Sole Proprietorship, Double Taxation, Pricing Strategies
6 Mar 2014
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Chapter 4 entrepreneurship, small business and new venture creation. In order for us to be able to sustain ourselves, we need ot grow and grow younger. C. d howe estimates that we will soon need 2. 6 million immigrants per year to have an impact which would double out population in 15 years. There will not be enough people of working age to pay the taxes to support those who will need expensive services. There will not be enough workers to provide for services required. Lots of money will be tied with long term; same people need liquid capital. Process of identifying and opportunity in the marketplace and capitalizing it. Entrepreneur (mompreneurs): person who recognizes and seizes opportunities between a new and existing entity. Intrapreneur: a person who innovates within an already existing organization. Leaders in innovation and new tech: service sector, high knowledge industries: high and bio tech. More than 877 000 women entrepreneurs and growing.
