STEN 1000 Chapter Notes - Chapter 7: Small Business, Royal Bank Of Canada, Canadian Imperial Bank Of Commerce
16 May 2013
School
Department
Course
Professor
Document Summary
There are 9 sections in the business plan outline in this chapter. Learning objective #1: explain why people are willing to become entrepreneurs, and describe the attributes of successful entrepreneurs. Many institutions define small business according to their own needs: why are small businesses important to the canadian economy, small business that have fewer than 100 employees contribute approximately. Perhaps more important to tomorrow"s graduates, small businesses employ a large portion of the total private labor force. Learning objective #3: summarize the major causes of small business failure. First, take courses and talk with some small business owners. Second, get some experience working for others, third, take over a successful firm. Finally, study the latest in small business management techniques, including the use of computers for things such as payroll, inventory control and mailing lists. Canada, and even professors: what online sources are available to assist entrepreneurs, entrepreneurs can start by visiting government sources like industry canada.
