Business Blog

Society changes the business environment – AQA GCSE

How people behave in society changes the business environment. Influences that cause people to think and act differently affect what they buy. […]

Politics changes the business environment – AQA GCSE

National and local government policies influence all businesses, and these policies are constantly changing. […]

Entrepreneurs are dissatisfied with employment – AQA GCSE

Entrepreneurs are often escapees of “the rat race” (employment). They feel employment is a trap that keeps people working for rewards that are not truly rewarding, or as beneficial as running their own business. […]

Entrepreneurs identify gaps in the market – AQA GCSE

An entrepreneur has the skill of identifying commercial opportunities where customer needs are not fulfilled by existing products or services, otherwise known as “gaps in the market”. […]

Entrepreneurs want to earn more money – AQA GCSE

A benefit of becoming an entrepreneur is the potential to earn more money compared with employment or self-employment. This is because starting a business offers uncapped “upside” (profit). […]

Entrepreneurs want to pursue an interest – AQA GCSE

Often, entrepreneurs start a business out of passion. An interest that develops, through dedication, into a sustainable enterprise that grows beyond being a ‘hobby, with benefits’ into an economic powerhouse. […]