How to use SBEP

Home Business Entrepreneur & Employee

 An employee of one organization wished to increase his income and decided to start his own business. His wage work left him enough free time and, therefore, he decided not to stop his work in his organization. He tried to set up a tourist business but it declined at the initial stage.

  We rendered him assistance in determination of business fitting his business type. The business type of this man was determined by SBEP test. It turned out that he refereed to Home Business Entrepreneur (HBE) type. The description of this business type indicates that the statistics of successful businesses for this type doesn't include a tourist business. His entrepreneurial quotient was estimated afterwards according to NML test. It turned to be not very high (-15 points). In this case NML test recommends the following:
"you might be able to make a go of it if you ventured on your own, but you would have to work extra hard to compensate for a lack of built-in advantages and skills that give others a leg up in beginning their own business."

 Nevertheless, the statistics of SBEP test shows that HBE may be successful if the chosen line of business fits the entrepreneur's business type. From the list of businesses in which Home Business Entrepreneur may be successful, the most suitable for our client are translation services. He started this business and has been running it successfully for already 5 years.




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