Entrepreneurship Based on Business
1. Agricultural Entrepreneurship
Related to agriculture and farming.
Includes crop cultivation and farming.
Involves storage, processing, and marketing of farm products.
Uses irrigation systems.
Applies modern tools, machinery, and technology.
Helps in increasing farm productivity and income.
2. Manufacturing Entrepreneurship
Concerned with production of goods.
Identifies customer needs and demands.
Uses raw materials and machines.
Applies modern technology.
Converts raw materials into finished products.
Creates employment opportunities.
3. Trading Entrepreneurship
Focuses on buying and selling goods.
Does not produce goods.
Acts as a middleman between producer and consumer.
Includes wholesalers, retailers, and distributors.
Helps in easy availability of goods.
4. Service Entrepreneurship
Provides services rather than goods.
Focuses on customer satisfaction.
Requires skills and knowledge.
Examples: education, healthcare, banking, tourism, transport, IT services.
Plays an important role in the economy.
5. Industrial Entrepreneurship
Related to large-scale industries.
Uses heavy machinery and capital.
Produces goods on a large scale.
Contributes to economic growth and industrial development.