Small Business: Benefits, Disadvantages and Success Causes - Job Bazar BD

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Friday, 26 April 2019

Small Business: Benefits, Disadvantages and Success Causes

Small business
Small business

Small Business: Benefits, Disadvantages and Success Causes

Small business is a type of business where small businesses and workers are formed and managed.  Looking at the modern business world, it is seen that small businesses have large profits and benefits from the business of large capital.  Besides, there are many reasons for success in small business as well as success.  Let's talk about them.

Small Business Benefits

Easy to form small business  Anyone can manage and manage their own small business with just a few thousand rupees of capital.  Only 5000 rupees are enough for small businesses.  There are many types of business where only five thousand rupees can be done in a lot of money.  Small business law is not very complicated.  Even though small businesses are owned by a small business, many small businesses are able to run a small business in a big way.  Small businesses usually do not have more than five owners.  Therefore, it is not difficult to make any kind of decision at any time.
The buyer is the origin of a business.  If there is no buyer then there can be no business existence.  In the big business, buyer's thinking or independence or buyer's decision or preferred price is almost nonetheless.  But the small business can be quite satisfied with the buyer.  It is possible to change the product with the taste of the customer.  Any problem with small business ownership can be solved only in a few.  Looking at the other side, there is not much problem in small business.  Another special advantage of small businesses is that direct contact with the seller is possible with small business customers.  As a result, it is possible to maintain good relations with the buyers.
The small business does not have the distance between the workers and the owner.  As a result, the relationship between owners and workers is very good.  Starting from small business marketing to many, the owners have to take a nose, thereby increasing the scope of knowledge of the owner himself.  There is no problem in small business.  Because small businesses can be set up anywhere.  At the same time, there is not much problem in small business transfers.

Difficulty in Small Business

Much of the work is not possible due to shortage of money in small business capital.  Much of the small business is dependent on the owner's existence.  The business will also be lost if the owner's existence disappears for any reason.  The small business owner has to bear any kind of business responsibility.  In that case, the owner will take full responsibility for the problem or any problem.  Sometimes there can be a crisis of money in marketing or any kind of problem.  But it is also difficult to solve the small business due to lack of capital.
There may be a lack of expertise because of having a small business employee.  This makes it difficult to find the right people at times.  Because the small business volume is scaled down, the workers do not get the right and adequate wages.  As a result, they may have to face financial crisis.  If the small business owners are unimpressive, then the workers and buyers have to suffer for this.
The reason for success in small business
Building a small business is a very easy job.  It does not have to take any kind of legal help to form or manage it, and not to fall into any problem.  Therefore, it can be chosen as a suitable work for livelihood.  Many businesses that are able to trade in small capital can easily gain control.  As a result, success is easily seen in the face.  There are some small business houses, grocery stores, saloons, laundry etc.  Small business is not too difficult to market.  If there is local business then they do not have to worry about production.  There are many people who think of working under the shadow of others as subordination.  Small business is a perfect solution for them.
There are many people who can not trust their workers in business trouble.  Small businesses are suitable for them.  There is no problem in supervision as the business is in a small range.  Many are not able to make quick decisions.  Problems can be resolved quickly in small businesses.  As a result, the owner himself can decide on any matter very easily.  The large business work environment is also bigger, which can make both the owner and the workers scurrying many times while working.  But there is no reason to bump into the small business due to the scope of work.
Everything is done under the direct supervision of the small business owner.  As a result, it is possible to create a good network.  And at the same time, business success is also confirmed.  It is also easy to connect with small business customers.  Thereby, the buyers do not have the speed to win the mind.  Which naturally leads a business to success.  Business ranges from small businesses can be increased at any time.  Apart from meeting the demand of the products, customers can also concentrate.

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