Differentiate entrepreneurs from small business owners

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Differentiate entrepreneurs from small business owners

Differentiate entrepreneurs from small business owners

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Small and medium enterprises have been making a remarkable contribution to the growth and development of world economy. Due to their low risk of operation, these businesses are easy to manage when compared to large businesses.  A growing body of literature has been dedicated to the anatomy of small and medium enterprises and one of the interesting areas of study has been differentiating between entrepreneurs and small business owners.

Differentiate entrepreneurs from small business owners

This interest elicits from the fact that both start at the same level but along the way, entrepreneurs break the barrier to establish larger business while small business owners remain with their original business both in size and scope of operation. There are many factors that differentiate between small business owners and entrepreneurs which are going to be explored in this paper.