Introduction to entrepreneurship/IENT101/Small business/Owners

If you thought the effect of losing all small business would have a negative impact on the economy you'd be right.

Aside from contributions to our general economic well-being, founders of small businesses also contribute to growth and vitality in specific areas of economic and socio-economic development. In particular, small businesses do the following: In addition, they complement the economic activity of large organizations by providing them with components, services, and distribution of their products. Let’s take a closer look at each of these contributions.
 * Create jobs
 * Spark innovation
 * Provide opportunities for many people, including women and minorities, to achieve financial success and independence

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