Key Benefit: For fledgling entrepreneurs and business readers, Entrepreneurship: Starting and Operating A Small Businessuntangles the complex economic, financial, and professional considerations surrounding business ownership and operations. In its Fourth Edition, Entrepreneurship takes a critical look at contemporary entrepreneurial successes, allowing readers with a range of business interests to engage with and draw insight from the text. Balancing real-world case studies with thoughtful instruction, Entrepreneurship leads readers to develop their business plans step by step, at the end of each chapter. This approach allows readers to internalize different aspects of business ownership at a self-guided pace. Key Topics: Entrepreneurs Recognize Opportunities; The Business Plan: Road Map to Success; Creating Business from Opportunity; Exploring Your Market; Developing the Right Marketing Mix and Plan; Smart Selling and Effective Customer Service; Understanding and Managing Start-Up, Fixed, and Variable Costs; Using Financial Statements to Guide a Business; Cash Flow and Taxes; Financing Strategy: Debt, Equity, or Both?; Addressing Legal Issues and Managing Risk; Operating for Success; Management, Leadership, & Ethical Practices; Franchising, Licensing, and Harvesting: Cashing in Your Brand Key Market: This book is suitable for anyone looking to start and operate a small business.
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