Chapter 5 End Page

Recap

You may be one of the millions of Americans who’s considering joining the ranks of business owners. This chapter covered why entrepreneurship continues to be one of the hottest areas of business activity. Then we covered the information and tools you need to help you decide whether owning your own company is the right career path for you and what characteristics you’ll need to become a successful entrepreneur. Then we looked at the importance of small businesses in the economy, guidelines for starting and managing a small business, the many reasons small businesses continue to thrive in the United States, and the role of the Small Business Administration. Finally, the chapter explored the trends that shape entrepreneurship and small-business ownership today.

Resources

  1. Do you have a great business idea? Taking the quiz at http://www.edwardlowe.org, the Edward Lowe Foundation’s website, will help you determine how feasible the idea is.
  2. Do you have what it takes to become an entrepreneur? Take the quiz at https://www.entrepreneur.com/article/247560 to find out.
  3. Before your business travels to foreign shores, pay a visit to the SBA’s Office of International Trade to learn the best ways to enter global markets at https://www.sba.gov/offices/headquarters/oit/resources.
  4. How can you find qualified overseas companies to buy your products? Find out how BuyUSA.com can help you become part of an e-marketplace at http://www.buyusa.com.
  5. If you are considering starting a business at home, you’ll find tips and advice at the American Association of Home-Based Businesses website at http://www.aahbb.org.
  6. To learn about the services the U.S. Department of Commerce’s Minority Business Development Agency provides for small-business owners, check out http://www.mbda.gov.

Looking Ahead

Next week we will cover Management and Leadership in Today's Organizations