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In this learning pathway, we explore aspects of small business ownership.

Entrepreneurs almost always start off as small business owners, whether or not their ambition is to eventually run a much larger organisation. For this reason it is important to:

  • identify the characteristics of a small business
  • assess the advantages and disadvantages of small business ownership
  • research and reflect on the environment in which small businesses operate


objectives

Objectives

At the end of this learning pathway, you will be able to:

  • Review the advantages and disadvantages of small business ownership.