1.3. Enterprise business growth and size

This unit covers

• The benefits and drawbacks of being an entrepreneur
• The key characteristics of successful entrepreneurs
• The contents of a business plan and how plants assist intrapreneurs
• Why and how government support business start-ups
• The methods of measuring business size
• The limitations of the methods of measuring business size
• Why the owners of a business may want to expand the business
• Different ways in which businesses can grow
• The problems linked to business growth and how they might be overcome
• Why do some businesses remain small
• The causes of business failure
• Why new businesses are at a greater risk of failing