Business management is the discipline of coordinating all phases of farm operation through planning. Business management is concerned with income, and so is concerned with profitability. Consideration of alternative uses of the basic resources means various productive processes must be budgeted and compared.
Entrepreneurship development is the means of enhancing the knowledge and skill of entrepreneurs through several classroom coaching and programs, and training. ... This entrepreneur development process helps new firms or ventures get better in achieving their goals, improve business and the nation's economy.