Introduction to enterprise
Introduction to enterprise
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In its simplest form, enterprise is the ability to turn an idea into a successful business.
Enterprise is carried out through the work of an entrepreneur. Economists refer to enterprise as one of the four factors of production. However, enterprise is different, as it includes the combination of the other three factors: land, labour and capital.
The starting point for enterprise is creativity, so get your thinking hats on. This might be the invention or innovation of goods or a service, but the success of your enterprise will be determined by the application of your entrepreneurial qualities.
The structural basis a company can take are many and these company structures are investigated next.
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Related primary resources
- Biz/ed
- Business Initiative
- The Economics, Business and Enterprise Association (EBEA)
- Business Link
- Business Gateway
- Inventor Resource
- Women's Business Development Agency
- The British Library
- UK Trade and Investment
- HM Customs and Excise
- ACAS
- The Prince's Trust
- Learn Direct
- Small Business Advice Service
- The Department of Trade and Industry
- British Chambers of Commerce
- Young Enterprise 'Quickstart Music'
Apply to Dragons' Den
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