What is “Enterprise”?
The definition of an enterprise from the Collins English Dictionary is:
- A project or undertaking, especially one that requires boldness or effort
- Participation in such projects
- Readiness to embark on new ventures; boldness and energy
- Initiative in business
- A business unit; a company or firm
You may have fantastic ideas and bold determination, but do you have the business skills and knowledge required to ensure you can pay your way in the world and make a success of your enterprise?
As the dictionary definition states, it requires effort and a readiness to embark on new ventures, and to use initiative in business.
This unit aims to provide you with the tools necessary to decide which business structure best suit your enterprise.