New Venture Options: Do You Want to Start a New Business, Buy One, be a Franchisee, or a Corporate or Nonprofit Entrepreneur?

As indicated in the chapter title, you will learn six options for becoming an entrepreneur. In sequence, you will learn about starting a new business venture, followed by buying an existing business, a franchise or license, and about being a corporate or nonprofit entrepreneur. For each option, you will learn about the advantages and disadvantages and the steps to starting this business venture. We end with a discussion of family business as an entrepreneurial opportunity within the six options.