Toolkit—Tools to Develop Core Business, Growth, and Sustainability

Thea van der Westhuizen ()
Additional contact information
Thea van der Westhuizen: University of KwaZulu-Natal

Chapter Chapter 8 in Practical Tools for Youth Entrepreneurs, 2024, pp 187-205 from Springer

Abstract: Abstract ‘Co-evolving’ brings with it the ideaGrowth of growingDevelop our businessCore business with others to be relevantSustainability to an expanding world. If our business idea is not relevant, it is unsustainable. It is like the seed thrown on stony ground; it will fail. All businesses need Resourcesresources to feed on to thrive. In economic terms, these are sometimes called the ‘factors of production’: land, labour, capital, and entrepreneurshipEntrepreneurship. Labour refers to what we today call human Resourcesresources, and capital is the money or financing required to keep the business afloat, pay suppliers and employees, and reinvest in the business so that it can grow and prosper for its owners and shareholders. Our last resource, entrepreneurshipEntrepreneurship, is us, the people with the drive, attitude, and innovationInnovation to start and run a successful business. The third quadrant of the Shifting Hope, Activating Potential Entrepreneurship (SHAPE)SHAPE Business ModelModel(s) Canvas is a toolTools to help entrepreneursEntrepreneur(s) to think about their business’s Resourcesresources and operational needs.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-44362-6_8

Ordering information: This item can be ordered from
http://www.springer.com/9783031443626

DOI: 10.1007/978-3-031-44362-6_8

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().