Some of the advantages of a small business

[ahmedo24]

Everything about small business is control mechanism which shows that you can control your loses easily in case the business is not progressing likewise your expenses too to maximize profit easily

 

[Blessingedidiong]

There are numerous advantages of owning a small scale business among which are; it requires little capital to set up while some small scale business requires no capital depending on the type and nature of the business. Other advantages are it is easy to manage,it requires little man power, decision making is quite easy compared to a large scale business.

 

[Alexandoy]

There are numerous advantages of owning a small scale business among which are; it requires little capital to set up while some small scale business requires no capital depending on the type and nature of the business. Other advantages are it is easy to manage,it requires little man power, decision making is quite easy compared to a large scale business.

A small business is simple which is easy to manage because of the size. There is less transactions to attend to which makes computations quicker and more accurate.

 

[Hena101]

The advantage of small business is that it can help you take care of urgent need that can come anytime and also make you a boss of your business.

 

[Setfragil]

The advantages of a small business are numerous. Small businesses are very easy to establish because it doesn't need much capital to fund and easy to maintain.

 

[Kelly5]

One advantage of running a small business is that if inventory. It is not going to be that hard to keep an inventory of such business compared to a large run business

 

[Ezekiel]

Some of the advantages of a small scare business are
1. It requires small capital
2. It requires small number of people
3. The manager can easily supervise every section of the business
4. Decision making is earsier compared to that of a large scale business
5. Work is no always hectic compared to that of large business especially when division of labour is involved

 

[Yusuf1]

The best advantage of small business is that it is easy to manage and it doesn't require too much of Capital from the investor at all. With this method Business owner won't worry about anything

 

[Richard92]

The advantages of small business is that firstly you start with small capital. Secondly the risk are limited to you. Thirdly, you will have freedom of your own and no one to control you. You are the boss of your own.

Small business out of a greater advantage because when you start up a small business are you understand the nature of the business as the business grows and with these you will not make mistakes and when mistakes are made I easily corrected.

 

[Alexandoy]

Small business out of a greater advantage because when you start up a small business are you understand the nature of the business as the business grows and with these you will not make mistakes and when mistakes are made I easily corrected.

A small business can easily grow, I agree to that. However, understanding the business fully is not exactly easy for a small business because the operation is practically the same as a similar but bigger business. As the owner you have to give time not only to your business but also with the competitors.

 

[Setfragil]

The advantages of small businesses is that it gives you the flexible and freedom that you want. Small business does not requires big capital before you can start the business.

 

[Ceeny007]

You get to try out new ideas, you have time for yourself, you get to decide your working hours you decide the pace of growth

 

[Alexandoy]

The advantages of small businesses is that it gives you the flexible and freedom that you want. Small business does not requires big capital before you can start the business.

With the small capital it is not scary to experiment with the innovations that are on your mind. If you fail then it is easy to stand up or to make another start up. The small capital is an advantage if you are not really in need of money. For me, if my capital is my extra money then it would be fine to use a different strategy.

 

[Kelly5]

Small businesses are easier to start and to maintain by a single individual. Because of their relative little size, you might not need to even have to employ more hands in it

 

[Skysaint]

Yeah, most of them do need a little capital for startup and could be quite lucrative too. But that shouldn't prevent you from expanding or developing the business if you got the chance

 

[skyliequiz]

Your concentration is probably rather narrow, which is a good thing. While large corporations must seek far and wide for chances, small firms are more likely to know exactly where yours are.

 

[Blessedsam60]

One of the sweetest advantages of small business is that you can be able to manage the business alongside with another job. Take for example, a man working with a government and he also has some small cyber café or POS terminal machines fetching him money aside from his salary

 

[Immilash]

in a small business you are the owner ,CEO ,boss and the manager you have the right to delete invite and terminate ,it also helps you to take good care of yourself, small business are often easy to handle

 

[Stnicholaz]

• 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

The owner can grow and expand the business at his or her pace. The risk is less because the capital use is not much and mostly that freedom to operate and make decisions.

 

[Heatman]

Having a small business has its advantages, as already mentioned here, I also think that you can start from anywhere, even from home. where you save viatico and payment of services.

The capital for starting a small business is something that wouldn't be too much for the business owner to source and start out the business. It's why starting a small business is very easy.