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Yes the POS business is a major hit right now and it is really a nice one to go into, it's never too late to actually go into POS business if you want too, I know of some persons who are making it from this business who right now currently have three branches around the area.There are many successful small business in my area. I regretted not investing in one that I later see to be very profitable. That is pos business. I know of someone that makes more than 5 transactions in just 10 mins.
Small business covers almost sixty five percent of all the businesses in my country, we also have big companies bit he private and government company institutions.There are lots of small businesses in my country. Here in Nigeria, small and medium enterprises dominated here much. But here in my local area, we also have a lot to see too.
The thing is that we cannot determine the amount of small businesses in the country or even our district because these small businesses in my district are just too numerous to count and they're actually what we call the real sector of the economy as they affect the economy more than even the bigger businesses.Are small businesses common in your country? If so, how many do you think are in your city or area?
Here in the U.S., they are pretty common. There are quite a few small businesses in my local area.
I think you my country Nigeria the small businesses outnumber the big big businesses but the only thing is that the big businesses are more in popular than the smaller businesses because they have spread their tentacles all around the country.
The truth is that the smaller businesses are what actually controls the country's economy and not the last businesses so for any business to positively influence the economy it will have to go through the smaller businesses.
Let's just be truthful to ourselves but the fact that a popular business or shop cannot remain small even though it started small because we all know that popularity comes with growth and growth comes with expansion which will definitely not make a small business or company to remain small.A busines does not necessarily need to be big in order to gain popularity. There are many small shops in my area that have gained a lots of popularity with the passage of time. You can run a small shop and still be a popular retailer if you provide high-quality products.
Let's just be truthful to ourselves but the fact that a popular business or shop cannot remain small even though it started small because we all know that popularity comes with growth and growth comes with expansion which will definitely not make a small business or company to remain small.
A business being popular does not mean that the business is absolutely successful as one of the biggest indication of a successful business is the ability of the business to grow. If a business becomes popular for a very long time without actually growing then that business cannot be said to be successful.Well, there are many business in my vicinity that do not have many branches, yet they are quite popular. They are mostly popular in my own area although some businesses are popular all over the city despite having a single branch.
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