Davis1
JamesAndrew Davis
Dr.Yao
Bsa 200
9/2/2021
In this section we discussed small businesses and entrepreneurship. Our leaning objectives
where, define small business, discuss its importance to the U.S. economy. Explain
entrepreneurship and describe some key characteristics of entrepreneurial personalities and
activities. Describe distinctive competence, the business plan and the start-up decisions made by
small businesses. Discuss the trends in small business start-ups and identify the main reasons for
success and failure among small businesses. Explain sole proprietorships, partnerships, and
cooperatives and discuss the advantages and disadvantages of each. Describe corporations,
