The main difference between an entrepreneurial venture and a small business is size.

Question

Quizplus · Accepted Answer

The main difference between an entrepreneurial venture and a small business is not just size, but also the level of innovation, risk-taking, and growth potential. An entrepreneurial venture is typically focused on creating and introducing new products, services, or processes to the market, with the aim of disrupting established industries or creating new ones. A small business, on the other hand, may focus on providing existing products or services to a local market, with a more limited scope for growth and innovation.

The Main Difference Between an Entrepreneurial Venture and a Small