GASPRO International Journal of Eminent Scholars

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ENTREPRENEURIAL BUSINESS: ASSESSING THE TYPES AND STRATEGIC WAYS OF SUSTAINING THEM

Modern economies are built on the backs of entrepreneurial enterprises, which stimulate economic development, innovation, and job creation. Small business, scalable startup, and large company entrepreneurship are among the types of entrepreneurial businesses that are examined in this study. It also looks at the main strategic approaches to maintaining an entrepreneurial business, like innovation, continuous improvement, and developing strong customer relationships, as well as the challenges that prevent them, like market competition and financial access, and how to overcome them. In addition to providing recommendations on cultivating an entrepreneurial mindset, promoting innovation, and utilizing strategic partnerships to ensure sustained growth and adaptability in a rapidly changing global economy, this study concludes that entrepreneurial businesses are essential for advancing innovation, economic growth, and job creation.

KEYWORDS: Business: Entrepreneurial Business, Strategic Ways, Strengthening Mechanism

Bernard U. Anthony Ph.D. & Akpan, E. Ebenezer, Ph.D.
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