Chapter

5.8. Trends in Entrepreneurship and Small-Business Ownership*

From IntroductionToBusiness OP 8D04gAa

Concepts

1. How does the SBA support disadvantaged entrepreneurs and veterans?

   "The SBA offers special programs and support services for socially and economically disadvantaged persons, including women, Native Americans, and Hispanics through its Minority Business Development Ag

2. What trends are shaping entrepreneurship and small-business ownership?

   "Entrepreneurship has changed since the heady days of the late 1990s, when starting a dot-com while still in college seemed a quick route to riches and stock options. Much entrepreneurial opportunity

3. How are demographic changes increasing entrepreneurial diversity?

   "The mantra, “60 is the new 40,” describes today’s Baby Boomers who indulge in much less knitting and golf in their retirement years. The AARP predicts that silver-haired entrepreneurs will continue t

4. How do location and venture capital shape startup opportunities?

   "With enough intelligence and determination, people can get rich almost anywhere in the United States. Whether you own chains of dry cleaners in Queens, car dealerships in Chicago, or oil wells in Wes