November 25, 2020


Enterpriship is the process of building enterprises with sustainable advantage within a framework of three related disciplines: entrepreneurship, leadership, and management. By November of 2019, the unemployment rate reached a historic low of 3.5 percent This extremely strong labor market has had a major impact on small businesses. There was a 22 percent increase in the share of small business owners reporting recruiting and retention of employees as one of their biggest challenges in the last 12 months. With a strong economy leading to increased business, small businesses need to increase their headcount, and 32 percent of these businesses employ more than six employees. There was an increase of about five percent in the share of small business owners surveyed who would put additional capital into increasing staff; this number has grown for the past three years. Monetary and fiscal policies both have long-term and short-term effects. Fiscal policy allowed … Read the rest