Does a smaller business mean smaller profits?

[Kingstone]

You will be surprised when you hear the amount of money these small businesses made daily. I don't think small businesses mean small income every time. Besides, it depends on the number of workers to consider one to be small or large.

 

[Kamdem]

Small business or big business, what matters most is what business are you doing? The business you do determine the profit you get in the long run, so if you know what Business you want to do, then profit comes later because the bigger companies started small too.

 

[Shigobad20201]

It depends on the type of business and the hands handling it, there are some large business that is being handled with careless hands yet still doesn't bring an amount of profit a smaller business would bring if managed by a very competent hand.

A smaller business does not necessarily means that the business will be bringing in a small amount of profit, there are times that some small business brings a lot of profit if the business is consistence.

 

[Bookwormlux1]

Small businesses may not necessarily mean small profits as you would get more patronage than some big business which would give you a better edge over them .

 

[BrolySSJ]

Sometime starting up small business does not necessarily mean you will make low profit I think it has to do with the location where you start the business

Getting the right location is paramount for any business venture and it will determine how big your customer base is and at the same time it will also determine how much you can potentially expand in the future if your business is successful.

 

[Josemendez]

Getting the right location is paramount for any business venture and it will determine how big your customer base is and at the same time it will also determine how much you can potentially expand in the future if your business is successful.

Location has indeed been an important aspect that contributes to the success of any business , unfortunately not many businesses knows this and they often fall victim to it.

 

[Hena101]

Yeah that's very true because the size of a business determine the size of the profit it can give to Tue owner that's why it's good to keep expanding the business to get more profit.

 

[Grandeur]

That's the basics, the smaller the business the smaller the profit, because the scope is small and small customers but a big business has a larger range and audience.

 

[Setfragil]

I think what you have stated here is very important because I think a lot of people actually expect that when they start a business that they will start to see profits right from the beginning however this is generally not the case and you have to build up to that point.

The amounts of money that you start a business with will determine the amounts of profits the business will generates. If you have a hood business plan and you are patients enough, your small business will becomes big with time.
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I think what you have stated here is very important because I think a lot of people actually expect that when they start a business that they will start to see profits right from the beginning however this is generally not the case and you have to build up to that point.

The amounts of money that you start a business with will determine the amounts of profits the business will generates. If you have a hood business plan and you are patients enough, your small business will becomes big with time.

 

[BrolySSJ]

The amounts of money that you start a business with will determine the amounts of profits the business will generates. If you have a hood business plan and you are patients enough, your small business will becomes big with time.

Generally a business success is not dependent on how much you put into the business because sometimes people can start off being very little however with the skills that they have their able to market it properly and as a result they will see a good profit from a very small investment.

 

[Victorial]

Small businesses do not mean small income. There are some businesses that make huge profits despite being small. Besides, unless you don't employ people to work for you, you can call it a small business.

 

[BrolySSJ]

Small businesses do not mean small income. There are some businesses that make huge profits despite being small. Besides, unless you don't employ people to work for you, you can call it a small business.

I can't believe you have to employ people and still be considered as a small business because it will be dependent on how many people are actually in the business. For example having five employees still constitutes a small business.

 

[Setfragil]

Generally a business success is not dependent on how much you put into the business because sometimes people can start off being very little however with the skills that they have their able to market it properly and as a result they will see a good profit from a very small investment.

You are right but having a skills that brings you money is different from having a business without the use of skills. The amounts of money that you invested in a business determines the profits that will be generated.

 

[Setho]

A small business that small amount of capital is injected into might not necessarily mean that it is going to make small profits but then the likelihood of making large profits is very small.

 

[BrolySSJ]

A small business that small amount of capital is injected into might not necessarily mean that it is going to make small profits but then the likelihood of making large profits is very small.

I can see where you are coming from here, and the chance of getting a larger profit is generally increased as the business starts to expand because you have a larger customer base that you are able to reach out to.

 

[GIFTMICHAEL]

Business profits comes in based on the level of the business, location, and number of customers being the most priority for better profit.

 

[Solutionav]

When it comes to opening up a business, one of the thoughts that generally crosses our mind is whether to open up a big or a small business. Of course there are risks that are associated with each type of business, however does a smaller business mean that there is smaller profit margins as well?

The reason that I am asking this is that if you have a smaller business then you generally keep fewer of the items in stock as well and therefore this means that when you are purchasing it from your supplier that you will purchase less as well. We all know that when you purchase a lot of a product from a supplier that you generally get it at a cheaper rate and this is often referred to as a bulk rate discount.

However, if you are preparing for a small business you may not be purchasing enough stock that can allow you to qualify for this discount. Therefore, it is either you have to mark up the cost much higher or you have to have a smaller profit margin so that you can still be competitive in the market. Which do you think is the better option?

Nice write up, but I think starting up small business is not easy but it also depends on the location if you stay in a place where your product is needed in no time it will grow

 

[Richard92]

Smallishness of a business doesn't mean the profit will be small, it all depends on the type of business that you are doing, every successful big businesses in the world all started small and grow bigger later wrong with dedication, commitment, perseverance and consistency, expansion your business to the next level is sure.

The fact is when a business is small it generates small profit but that doesn't mean that the business will remain small forever as time goes on the business expand and grow especially if the entrepreneur he is very innovative and creative.

 

[Ralphjoe]

No. Smaller business doesn't necessarily mean smaller profit. It will be down to how important the business is to the target audience. If the business moves very quickly in sales, you can expect the profit to be bigger.

The truth is that smaller business actually means smaller profit because sentiment and part I want you to think logically now because there's no way that you can have a small business and you make a very big profit because the prophet that you are able to make will be dependent on the amount of product that you want to offer to the public.

 

[Setfragil]

Smaller business doesn't mean that the business will not makes profits but it will not makes profits of a big business. If the business did not fail, with time it will grow to what you want.