Some of the advantages of a small business

[Shigobad20201]

One of the advantages of small business is that its very easy to manage most especially when you are having monetary issues which can be sort out easily because the money is something you can get easilyl

 

[Ononivami1]

Small businesses has a lot of advantages in terms of the management because you will be able to manage your business yourself and you will not need too many staffs to work for you.

 

[Lens]

The advantages of a small business is that it is easily managed and it does not require much staffs. This shows that the cost of running a small business is very minimal.

 

[Castelione]

Small business is easy to manage. It requires less staff, you can be the boss at the same time the workforce itself. You also have the 100% of your net profit.

 

[glitch]

I would say the biggest benefit is not having to hire a lot of people. The more people you need to have working beneath you, the less personal it becomes and the more workers often feel neglected and like just a number rather than an individual worker.

 

[Sincerem]

I would say the biggest benefit is not having to hire a lot of people. The more people you need to have working beneath you, the less personal it becomes and the more workers often feel neglected and like just a number rather than an individual worker.

In any business you are doing , if you can't hire someone then the business may not likely sustain you. I prefer to start up a large business at once and manage it to the best of my knowledge .This is the best way to generate maximum profit.

 

[Setho]

I have always welcome the idea of starting a small business because you can be able to do it with very little amount of money and as such there is enough margin for error and starting again.

 

[Smiles20]

One of the advantages of having a small business is that you can be able to take your decisions one at a time without having to be discouraged about losing a lot of money.

 

[Lens]

A small business has lot of advantages because it is easy to manage. The basic reason is that the scope of this business is not that wide and as a result, you will be able to monitor it more effectively.

 

[Chibson]

One of the major advantages of small businesses is that you can start them with small capital.

It can serve as a stepping stone for you to venture into business because you will get a lot of experience and knowledge. I always advise people to start small before venturing the big businesses.

 

[joy101]

Some of advantages in small business is not that stressful and starting the business will never give you stress, and will start it with small capital and the risk is not much.

 

[Robust]

The advantages of some small businesses are, one they can be changed at anytime, two can be run with other businesses too, three less capital is required to start, four less stress is needed.

 

[Setho]

One of the big advantages of starting a small business is that you will know you are not risking so much but then you have a lot of things that you can get at the end of the day.

 

[Chibson]

One of the big advantages of starting a small business is that you will know you are not risking so much but then you have a lot of things that you can get at the end of the day.

Probably, when you start a small business you will not be in pressure to succeed in such a business venture. it will also serve as a platform in which you will use to gain experience on how to run a business.

 

[Sotherefore]

Probably, when you start a small business you will not be in pressure to succeed in such a business venture. it will also serve as a platform in which you will use to gain experience on how to run a business.

This is an eyes opening write up. At least it is used to gain experience about the business you are about to operate in large scale. Apart from now that you just said , I do not always see any possible advantage of starting a small business.

 

[Chibson]

This is an eyes opening write up. At least it is used to gain experience about the business you are about to operate in large scale. Apart from now that you just said , I do not always see any possible advantage of starting a small business.

It has a lot of advantages. running a large-scale business is not really easy so you must try as much as possible to gain experience in order for you to be successful and starting a small business first is the best thing to do.

 

[Sotherefore]

It has a lot of advantages. running a large-scale business is not really easy so you must try as much as possible to gain experience in order for you to be successful and starting a small business first is the best thing to do.

So what if I do not have an understanding of running a business, do you really think that if I've done all the necessary research about my intended business , does it mean that I can't succeed without experience ?

 

[Chibson]

So what if I do not have an understanding of running a business, do you really think that if I've done all the necessary research about my intended business , does it mean that I can't succeed without experience ?

You can succeed, but there is no assurance. Assuming you just ventured into a business newly before the Corona virus pandemic came, would you have handled the situation well?. Maybe, but experienced people will always succeed in such situations.

 

[Sotherefore]

You can succeed, but there is no assurance. Assuming you just ventured into a business newly before the Corona virus pandemic came, would you have handled the situation well?. Maybe, but experienced people will always succeed in such situations.

That is as a result of natural disaster which is the pandemic. But to be in the saver side, it is always very much needed for us to at least have experience and understanding about the business we are establishing. I now understand your point of view

 

[Godspower]

It has a lot of advantages. running a large-scale business is not really easy so you must try as much as possible to gain experience in order for you to be successful and starting a small business first is the best thing to do.

A small business does not really require much capital to start up. The entrepreneur can easily take decisions and manage operations without unnecessarily bureaucracy.