Small businesses VS job growth in the United States.
OVERVIEW
Small businesses drive job growth in the United States. In 2019, there were 30.7 million small businesses, employing 43.7 percent of all U.S. employees (U.S. Small Business Administration Office of Advocacy, n.d.).
The world of business is very fluid with entrepreneurs driving many of the changes. Just think, a decade ago, we did not know what Instagram or Uber were. Bitcoin and cryptocurrency were unknowns and if we wanted to build a website, we had to hire a master coder.
In this assignment, you will identify and analyze a new local small business that would not have been in existence a decade ago.
OUTCOME
3. Examine trends in entrepreneurship. (A, B)
INSTRUCTIONS
Use numbers 1 and 2 in the instructions to organize and format your assignment. This ensures you include all three elements and helps readers follow your responses.
1. Identify a new business that would not have been a possible or likely to be in business a decade ago. Describe the business in one paragraph.
2. External business environments are covered in Chapter 1. In a second paragraph, describe how this business is taking advantage of changes in different environments. There may be a number of environments involved.