Setting up a business is not the only path to entrepreneurship. You can buy an active company or its business operations when the entrepreneur retires, for example. You can also become an entrepreneur through a premade business model, i.e. a franchising agreement. This will enable you to take advantage of an established brand and gain access to the tools of the network.
Your own idea or invention can lead you to establish a company to produce and sell an entirely new product or service.
You can also become a part-time entrepreneur alongside your paid work or studies.
There are many paths to entrepreneurship – choose your own!
Change of ownership
Product and service development