if someone starts a small business and never needs to hire employees, can they be called an entrepreneur?
Answers
Answered by
1
Answer:
Yess. He/ She can still be Called an ENTREPRENEUR
Explanation:
Because you're the one who created the small business and you're the one that'll decide to hire employees or not to hire some and its up to you to decide.
Answered by
0
Yes, he can be called an entrepreneur.
- An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. Entrepreneurship is the practise of starting a business.
- The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
- Entrepreneurs are essential to any economy because they have the knowledge and drive to foresee requirements and sell viable new ideas. Entrepreneurship that succeeds in assuming the risks involved in founding a firm is rewarded with money, notoriety, and chances for future growth.
- Failure in entrepreneurship leads in losses and diminished market presence for individuals engaged.
Hence, anyone can be an entrepreneur even if they do not hire any employee because all it takes for bring an entrepreneur is starting a new business with risk taking and new ideas.
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