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Explore and illustrate the range of venture types that might be considered
entrepreneurial.
P1 Examine different types of entrepreneurial ventures and explain how they relate to
the typology of entrepreneurship.
Entrepreneurial Ventures is focused on providing advisory services to early and mid-stage
companies. We also work with troubled companies in refocusing the business model and/or
finding an exit. Entrepreneurial Ventures role varies depending on the stage of the company.
Generally, take on an active advisory board position with early stage companies helping with
strategy development, implementation plans and industry specific networking.
Entrepreneurs create entrepreneurial ventures organizations that pursue opportunities, are
characterised by innovative practises, and have growth and profitability as their main goal.
On the other hand, a small business is an independent business having fewer than 500
employees that doesnt necessarily engage in any new or innovative practices and that have
relatively little impact on its industry. (Coulter, 2010:232)