Most U.S. companies are small. Ninety percent employ fewer than 20 employees, and 99 percent employ 500 or fewer. I tell my entrepreneurship students that, odds are, many of them will not work for a large employer. In fact, the chances are very good that they will work for a smaller company. They may start one, or help to grow an existing one. The economy needs both.
Graduates of business schools should be able to add value immediately to an economy that relies on smaller companies. Are we teaching students about small businesses or only big ones? Smaller companies are not little big businesses. Many business theories developed around larger companies do not apply well to smaller companies because the two face vastly different issues.
To read the full, original article click on this link: The entrepreneur in all of us — Maine Business — Bangor Daily News
Author: Nancy Forster-Holt
