New Venture Creation - Success Factors and The Business Life Cycle

This paper aims to throw light on the process of new venture creation and the factors affecting the success of small and new businesses. I will also cover the business life cycle with relation to our entrepreneurial venture, In-Sight. Theories highlighting the ingredients of a successful start-up in...

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Bibliographic Details
Main Author: Farzad, Photographer
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23796/
Description
Summary:This paper aims to throw light on the process of new venture creation and the factors affecting the success of small and new businesses. I will also cover the business life cycle with relation to our entrepreneurial venture, In-Sight. Theories highlighting the ingredients of a successful start-up in relation to my experience while planning the set-up of “In-Sight Inc” are what I wish to discuss in the chapters to follow. This exercise i believe, has give me an insight into what I would require to become a successful entrepreneur and successfully launch a venture on my own. It has helped me understand the stages through which a business goes in its lifetime and what are the best practices to follow at each stage.