Business Creation

Whether you want to start a new business or expand an existing one, you will need to make some upfront investments. If you are unsure about the costs involved, be sure to talk with a small business attorney. It is also important to check with your local and state laws concerning licensing, permits, etc.

The field of business creation (also known as entrepreneurship) has produced a wealth of research on individual success stories, but until recently little systematic description of the actual process by which entrepreneurs and pre-profit ventures start up. This book fills that gap. It presents empirical descriptions of a wide range of relevant features of the business creation experience, drawing on data from representative samples of U.S. nascent enterprises and entrepreneurs, including their outcomes of profitability and disengagement.

This book will be useful to scholars concerned with the emergence of market economies, as well as those who work with entrepreneurs or design public policies to foster entrepreneurial activity. It will serve as a valuable supplementary text for upper division and graduate courses in business plan creation, entrepreneurial management, and business research methods. It is a particularly timely resource for policy analysts seeking to develop programs and policies that support business creation. It is written in a style accessible to a wide audience of nonspecialists. A separate appendix offers a glossary of key terms and concepts.