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Entrepreneurship is the creation or extraction of economic value in ways that involve risk and innovation. Learn about the different schools of thought, criteria and opportunities of entrepreneurship, as well as its role in economic growth and development.
A business idea is a concept that can be monetized through products or services. Learn about the characteristics of a promising business idea, such as innovation, uniqueness, profitability, and problem solving, and see examples of successful companies that followed these principles.
A business model describes how an organization creates, delivers, and captures value in various contexts. Learn about the design logic, narrative coherence, complementarities, and categorization of business models, as well as the historical and theoretical insights.
A business plan is a formal document that states the goals, methods, and time-frame of a business. It can be internally or externally focused, and it can be used for different purposes such as financing, strategic planning, or project management.
A small business is a type of corporation, partnership, or sole proprietorship that has a small number of employees and/or less annual revenue than a regular-sized business or corporation. The qualifications vary depending on the country and industry, and small businesses can be classified according to different methods, such as number of employees, annual sales, assets, or profits.
Learn about the history, mission, and programs of the SBA, a federal agency that supports entrepreneurs and small businesses in the U.S. Find out how the SBA provides loans, contracts, counseling, and disaster assistance to small businesses.
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