Respuesta :

Answer:

Entrepreneurial management varies from managing established corporations.

Explanation:

Entrepreneurs must manage the affairs of a startup giving attention to all of the new paperwork filings (ig. Filing corporate charter, articles of incorporation, business license, dba, etc) in a timely manner while getting their new business off the ground. In addition to these tasks, the demands of managing everyday business still scream for attention.

OlanmaE

The entrepreneurial demands are the concerns that affect managers of businesses. Some of them include;

  • Establishing the visions and goals of the business, putting a strategy in place to grow, obtaining capital and funding for the business, acquiring the right human resources to run the business, and setting up a good organizational structure.

To run a business effectively, entrepreneurs have several demands of the business that they must settle. Some of these include;

  • The vision and goals of the business: Putting this in place helps the business to always stay on track and stick to its goals.

  • Business strategy: To stand out from their competition, a strategy ought to be established.

  • Funding: No business runs without money. The entrepreneur must always evaluate the important resources that should be financed to run effectively.

  • Human resources: The right and qualified people should be employed to help in running the business.

  • Organizational Structure: The managers, accountants, assistants, etc., must be drawn up in a good organizational structure profile. This will help people to know their seniors and subordinates and address matters accordingly.

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