ENTREPRENEURSHIP

Entrepreneurship

Entrepreneurship

Introduction

All SME's have three basic premise of establishment and those are:

1. Achieving the highest maintained growth, high employee retention, maintaining financial stability, and high contribution towards economy;

2. Be a contributor of economic expansion in terms of economic development;

3. Be a contributor to the expansion of world trade with respect to international obligations and at a multilateral way (www.liverpooldailypost.co.uk).

Answer-1

According to Department of Business Enterprise and Regulatory reform legal services (1997) are making current annual sales of £1.5m from £330k, IT (2004) has sales of £850k from £200k, financial services (2001) at £250k from £125k and Advertising ...