
2. Small Business Entrepreneurship
Small business entrepreneurship involves starting and running a small company, often driven by an individual's passion or innovative idea. Entrepreneurs identify market needs and create products or services to meet them, often taking financial risks in the process. These businesses are typically independently owned and operated, contributing to local economies by creating jobs and fostering community engagement. Successful small business entrepreneurs demonstrate resilience, adaptability, and a strong understanding of their target market while aiming for growth and sustainability. Overall, this dynamic sector plays a vital role in economic development and innovation.