The term entrepreneur and small business owner are sometimes used interchangeably.Although some situations encompass both terms,it is important to that there is a difference between two terms;whereas small businesses as independently owned and operated,are not dominant in their fields,and usually do not engage in many new or innovative practices.Mostly never grow large and the owners may prefer a more stable and less aggressive approach to running the business.
Meanwhile the entrepreneurial venture are those for which the entrepreneur's principal objectives are innovation,profitability and growth.These businesses are characterized by innovative strategic practices and sustainable growth. The entrepreneurs may even seek the sale of business if there is potential for large capital gains.
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