The entrepreneur’s scope: A guide to business success

Mohamed Abualhaija *

College of Management / School of Business, Address: 8700 NW River Park Dr, Parkville, MO 64152, Park University, USA.
 
Review
International Journal of Science and Research Archive, 2023, 09(02), 768–779.
Article DOI: 10.30574/ijsra.2023.9.2.0600
Publication history: 
Received on 14 June 2023; revised on 24 July 2023; accepted on 27 July 2023
 
Abstract: 
Starting a business may be challenging, especially for ambitious business owners who lack industry knowledge and experience. This paper aims to simplify the process of starting a business by providing a guide that covers subjects like types of entrepreneurs, starting a new business vs. an established one, financing, pricing, costing, budgeting, hiring and recruiting, marketing, proper accounting practice, internal controls and accountability, and tax considerations. By understanding these important topics, entrepreneurs will be better equipped to manage the challenges of starting a business and increase their chances of success.
 
Keywords: 
Entrepreneurs; Small Business; Strategies; Accounting
 
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