About This Chapter
Who's it for?
Anyone who needs help learning or mastering college-level business material will benefit from taking this course. There is no faster or easier way to learn college-level business. Among those who would benefit are:
- Students who have fallen behind in understanding management of small businesses or working with small businesses in a global market
- Students who struggle with learning disabilities or learning differences, including autism and ADHD
- Students who prefer multiple ways of learning business topics (visual or auditory)
- Students who have missed class time and need to catch up
- Students who need an efficient way to learn about small business and entrepreneurship
- Students who struggle to understand their teachers
- Students who attend schools without extra business learning resources
How it works:
- Find videos in our course that cover what you need to learn or review.
- Press play and watch the video lesson.
- Refer to the video transcripts to reinforce your learning.
- Test your understanding of each lesson with short quizzes.
- Verify you're ready by completing the Entrepreneurship and Small Business chapter exam.
Why it works:
- Study Efficiently: Skip what you know, review what you don't.
- Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
- Be Ready on Test Day: Use the Entrepreneurship and Small Business chapter exam to be prepared.
- Get Extra Support: Ask our subject-matter experts any small business and entrepreneurship question. They're here to help!
- Study With Flexibility: Watch videos on any web-ready device.
Students will review:
This chapter helps students review the concepts in an Entrepreneurship and Small Business unit of a standard college-level introduction to business course. Topics covered include:
- Motivations of entrepreneurs
- Differences between small and big businesses
- Necessities in starting and running a small business
- Advantages and disadvantages of small businesses entering global markets
1. What is an Entrepreneur? - Definition, Characteristics & Examples
Individuals who start businesses from the ground up are Entrepreneurs. Learn the risk involved by reviewing examples of entrepreneurial ventures, including the character and skills of these economic dare-devils.
2. Small Business in the American Economy
Small Businesses in the US economy can vary greatly in size and revenue. Understand how small is relative, explore microenterprises also known as tiny businesses, examine how small businesses dominated the economy, the characteristics of small businesses, and why small businesses fail.
3. Small Business in a Global Market
In a global market, small businesses follow strict rules and have a unique place in comparison to large businesses. In this lesson, look at how small businesses exist in the global economy, some advantages of small businesses, and some disadvantages of small businesses.
4. Angel Investors vs. Venture Capitalists
Businesses looking for funding can build their financing strategy around an investor and there are a few options for how to do this. This lesson will explore two of those options, angel investors and venture capitalists.
5. Managing a Small Business
Owning a small business requires making many decisions, from choosing what type of business to the process of hiring and managing employees. Explore the many aspects of managing a small business, such as formation, financing, accounting, and marketing.
6. Microfinance for Entrepreneurs & Small Businesses
Microfinancing refers to the process of offering loans, credit, and services to lower socioeconomic portions of societies, like women in developing nations. Explore the uses of microfinancing by institutions to enable entrepreneurs and small businesses to expand, elevating themselves out of poverty.
Earning College Credit
Did you know… We have over 220 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Other chapters within the Intro to Business: Help and Review course
- The Dynamic Business Environment: Help and Review
- Business Morality & Code of Conduct: Help and Review
- Economics and Business: Help and Review
- Business in Global Markets: Help and Review
- Forms of Business Ownership: Help and Review
- Managing and Leading in Business: Help and Review
- Leadership Styles in Business: Help and Review
- Organizational Management: Help and Review
- Project Management Basics: Help and Review
- Business Production and Operations: Help and Review
- Workplace Productivity & Motivation: Help and Review
- Basics of Human Resources: Help and Review
- Managing the Employer-Worker Relationship: Help and Review
- Business Marketing Basics: Help and Review
- Product Development and Retailing: Help and Review
- Product Distribution & Supply Chain Management: Help and Review
- Pricing Strategy in Marketing: Help and Review
- Product Promotion in Business: Help and Review
- MIS Basics in Business: Help and Review
- Implications of Information Technology: Help and Review
- Risk Management in Business: Help and Review
- Accounting Basics: Help and Review
- Financial Management in Business: Help and Review
- Securities Markets and Business: Help and Review
- Lean in Business
- Money and Financial Institutions: Help and Review
- Strategic Planning for Small Businesses
- Small Business Analysis Models
- Small Business Entrepreneurship
- Ethical Behavior & Social Responsibility in Small Business
- Product Pricing for Small Business
- Consumer Protection & Liability
- Financial Ratio Calculations
- Messaging Strategies in the Workplace
- Purpose & Audience in Business Communication
- Using Technology for Business Communication
- Reporting & Presentations in Business Communication