Basics of Entrepreneurship (Paperback, 2nd Revised edition)

This second edition of Basics of Entrepreneurship gives practical guidelines on how to develop business ideas and establish an enterprise. Drawing on their personal experience as entrepreneurs, business advisers and subject specialists, the authors provide: a comprehensive introduction to the world of business and its most important role player - the entrepreneur, basic business concepts, in order to ensure understanding of the business environment and business in general, what successful entrepreneurs do and what contributes to successful entrepreneurship, steps in the entrepreneurial process - the feasibility study, the viability assessment and the development of a business plan, some of the most important and essential business management functions that entrepreneurs have to address, such as marketing, finance, operations, human resources and purchasing, as these are all relevant to a start-up or new business.