Personality and Characteristics

·         Trust worthy

·         Loyal

·         Gentle

·         Hardworking

·         Creative

·         Independent

·         honest

·         Vision

·         Determined

·         Drive to achieve

·         Responsible

·         Committed

·         Diligent

Qualities of small business owners:

• They are low risk takers
• Independently owned and operated
• They prefer stable growth and profit
• They do not engage in innovative practices
• They are the managers of their business

Qualities of entrepreneur:

• They are moderate risk takers
• They engage in innovative practices
• They seek rapid growth and immediate profits

They operate as group of firms