Business Administration & Management Mr. Bernstein Entrepreneurship and Intrapreneurship, pp February 19, 2013

Business Administration & Management Mr. Bernstein Popularity of Small Businesses Low start-up costs Franchise Businesses – Pizza Hut, Holiday Inn Risks 33% fail within two years 44% fail within four years 2

Business Administration & Management Mr. Bernstein Stakeholders Customers Employees Investors Community Competitors 3

Business Administration & Management Mr. Bernstein Intrapreneurship Requires same characteristics as Entrepreneurship How do risks and rewards differ from small business entrepreneurship? 4