Some of the advantages of a small business

[Koredsman]

A small business later becomes a larger one..
A small business is owned by a single person most times, you bear the loss, the profit and knows what comes out of your pocket and what comes in. U give account yourself

 

[Lawal]

Some of the advantages of small business is that people get to know it easily when are have small business you will have the advantages of getting more customer.moreover the some business is good for a such company even when people need something very fast

 

[Yomiside]

Every business starts small, but you should not remain small. The advantages that a small business have is that you have room for improvement, you are room for trial and error, there are room for test running of knowing what works or not

 

[Neeta313]

It is easy to manage and you can easily control the business and also the risk is minimal and everything runs smoothly, you can also make enough profit or when the business gets bigger you will make more profit and I feel no matter how you want your business to be, it is always important to start small because if you can control a small business then you'll be able to control a big one.

 

[adeniji]

Starting small businesses is an opportunity for the people that were new in a business to have more experience on how to run a business because the person that participate in small businesses can also participate in big business.

 

[Halexcity]

Small business also have there own advantages, in the sense that the business owner will have time for other things. And also the owner of the business will have ability to manage the business efficiently.

 

[akinlolu99]

One of the benefit of a private venture is that the proprietor has the opportunity to rest and think of different things not at all like the huge business where you need to give it all your time to make a huge benefit.

One of key thing is you can chief your business without having large groups and can run business without any problem. You can actualize some imaginative thought for your business.

 

[Waqas wajid]

I think if you have started a small business, the advantage is that you do not need to work hard.And for that you don't need much money, you don't need much labor.I think from a small business, a person can go to a big business. On the one hand, a person has a sexual experience.The second small business grows slowly and becomes a big business. The loss of small business is also reduced.

 

[Mostee501]

Small businesses are good for a startup as there is no funds for a bigger one but from the small business,it can become a large business. Small businesses can reduce ones financial dependency on others.

 

[Patrik]

Easier to handle, easier to create and easier to recover for sure when you think it's going to fail, because the amount of money that's used in its creation is few compared to bigger businesses, so the loss is smaller too

 

[Billy]

Good points here. I would say, in summary, if you consider all the points that have been mentioned, it comes down to having full control of the busiess. Yes, there is nothing good in life like having control of what you do. A small personal business is under your fate. Your decision will make it or break it.

 

[Jimmie150]

In small business I don't think the advantages are enormous because of the way it is structured, but I feel the most important advantage is the fact that you get to be able to manage it properly compare to a big business.

 

[Deebabs123]

As a business owner, you’re your own boss. You can’t get fired. More importantly, you have the freedom to make the decisions that are crucial to your own business success.

 

[Dowenship]

• has a small scale
Does not require investment with large capital
• regular education as long as they want to work and are responsible for work
• small businesses can freely manage the business independently at any t ime

Hmm this advantages you mentioned are not good and also not bad is like a mere neutrality. No moving forward no moving backwards. But i don't advice people to think that way.
*Quote of today*

People will judge your intentions, your behaviour, your ability, but don't come down low to there idea. You the best of yourself

 

[Good-Person]

Two very big advantages associated with starting a small business is that only a small amount of capital is required and the risk is also much smaller. You can get partners to invest money in small business and this will also reduce the risks. Of course there are downsides of starting a small business, too. For example, a low amount of profit is one of them.

 

[Sariana23]

It is easy to manage and you can easily control the business and also the risk is minimal and everything runs smoothly, you can also make enough profit or when the business gets bigger you will make more profit and I feel no matter how you want your business to be, it is always important to start small because if you can control a small business then you'll be able to control a big one.

It is true, when businesses are small, management is easy and risk is minimal. I think it is the most advisable when starting a business. Many people who have the economic means to start large companies, if they lack knowledge, the losses are great.

 

[Kane]

When you have a small business, there will be low risk. I stated my first business with $3K. and when business failed I lost $3K. My second business was started with $10K and when it failed, I lost $10K. If you are new smart small

 

[Samuel77]

According to my own point of view small business are easy to control and also small business are easy to start up. small business require small capital. Small business can be set up anywhere

 

[FreshKaz11]

• has a small scale
Does not require investment with large capital
• regular education as long as they want to work and are responsible for work
• small businesses can freely manage the business independently at any t ime

There is so many things we could benefit from doing or handling a small scale business,for example small scale business is easy to pack once you are done for the day,and you keep earning it may not be much but you will earn something at the end of the day.

 

[Bangiszz]

Small scale business also has it own advantages. It very easy to set up, you don't need huge or large capital to start.
Risk of crashing is also low unlike large scale business.