Introduction to Entrepreneurship and Small Business Management

Entrepreneurial activity, Survival and growth of small and medium enterprises (SMEs), managerial aspects of SMEs, unique challenges faced by family businesses. Topics covered include the benefits and drawbacks of being an entrepreneur, developmental structures and designs, focus development, management during fast growth periods, lack of resources and financing, development of sustainable intangible resources (legitimacy, status, reputation, etc), ownership, governance and management, succession planning, generational gaps, delegation and control and the role of non-family members.