Macroeconomics By Suman Kalyan
English | 2020 | ISBN-13: 9781642874846 | 512 pages | PDF | 614.71 MB
Thousands of new businesses are started every year, and more than half will be out of existence within a year. Many entrepreneurs who fail in their ventures may like to involve again and begin the process of creating another type of business, while others will become disenchanted and elect to work for someone else. The businesses that succeed will make a significant contribution to the nation’s economy. Hence creating a new venture is exciting, challenging, frustrating and rewarding. Small business employs more than half of the work force and they create more hobs than do large companies. They are more innovative than bigger firms. Small companies are often the only source of some services and products in rural areas or small towns. Some of the new businesses are created by people who have had no business experience or formal training and their success is often attributed to ‘luck’. Other entrepreneurs study the start up process, and their success is often attributed to ‘hard work’. This book is mainly written to help students ‘study’ the start up process. It is hoped that students will find this book interesting. Some changes have been made in this second edition to make the text an even better learning and teaching resource. The book has been carefully revised, improved and updated to provide students with knowledge of entrepreneurial development and small scale industries that will be needed in a new century.
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