Definitions of Motives for Entrepreneurs to set up a business (coursework)

Motives

For anyone to start up a business they must vex a motivation of some sort. Without a strong actor for business creation an entrepreneur may quickly unloose interest in the business venture. Being an entrepreneur, and starting up a business or company is an extremely to a great extent task. Motivation is a vital characteristic of anyone who is even considering passing play into business, because they need to have a very strong oddment for them to be able to cope well with the metres of work. At quantify they will feel like giving up and abandoning, unless if they have a good motivation they will reflexion towards the future benefits of the hard work they are putting in and strive to succeed.

During an investigation of businesses in my local area, I asked a range of entrepreneurs what their main motives for starting their own business or company was. Their answers were varied. However there were some motives that seemed to be more frequent than others such as; Profit, job satisfaction, Freedom to lease decisions, creating a business by selling the by products of their hobbies and redundancy.

My investigation showed that the main reason for many individuals starting up a business is profit. Profit or CAPITOL is an extremely important broker to any business, and generating lots of it is often a very openhearted prospect.

A high amount of profit equals a high amount of income for the entrepreneur(s) and therefore enables them to have a good quality of life. well-nigh likely an entrepreneur will be looking to experience more money than in his/hers old job, parents, competitors e.t.c.

However, if the business makes a loss or the businesses profits are reduced, the amount of income the entrepreneur(s) put one over will also be reduced along with the standardised of life the entrepreneur(s)...

Thanks for a good essay on the motives for entrepreneurs to embed up a business. Your report was analytical and thoughtful. I wish the personal touch which your use of the first person contribute to your paper. Great work!

I think the file should be croak through Word or a spelling processor then resubmitted but the contents are supurb and it certainly helped me enunciate some things in my essay regarding when I interviewed entrepreneurs in the area.

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