The Concept of Entrepreneurship

it is the form of business which is owned and operated by two or more people who call themselves as partners.

• partnership

• corporation

• single or sole proprietorship

it is a member owned business type with at least five members of all whom have equal voting rights regardless of the level of their involvement or investment.

• cooperative

• corporation

• partnership

It is a form of business which has five owners known as stock holders.

• partnership

• corporation

• single or sole proprietorship

It is a form of business which is owned and operated by a single individual.

• partnership

• corporation

• single or sole proprietorship

it is a business enterprise which employs 200 or more. Its capital is 20,000,000 or higher.

• micro enterprise

• cottage enterprise

• large-scale enterprise

It is a small business that employs less than 10 employees.

• micro enterprise

• cottage enterprise

• large-scale enterprise

It is the business that employs few employees. It does not generate high volume of sales.

• small-scale enterprise

• medium-scale enterprise

• large-scale enterprise

It is a home based business usually a family business with six to nine employees.

• micro enterprise

• cottage enterprise

• medium scale enterprise

It is a business enterprise which employs one hundred employees or more with an asset of 5,000,000 or higher.

• small-scale enterprise

• medium-scale enterprise

• large-scale enterprise