CALVINDOL
VIP Contributor
According to research and feasibility studies small scale businesses are more established and implemented in different regions and countries of the world compared to larger scale business organization. Small scale business do face series of problems and issues some of which cannot be bypassed but rather it is a must-face by the business. Small scale business find it hard to manage and financially facilitate it sectors and tiers because most small scale business are not managed and operated by experienced and trained business owners and managers. Small scale businesses face the problem of employing employees and workers capable and able to handle, achieve, and resolve business goals, problems, and objectives. And that is because, there are unable to compensate and pay expertised personnels.
Small scale business also face environmental threats, due to how unsecurify and vulnerable the business asset, property, and inventories are . Most large scale businesses are security conscious and alert of the safety and care of their assets and properties, and most times there are situated in an area with low or no crime rate and occurrence. Small scale business on the other hand may be situated in high crime rate areas and environments due to no or low marketing and location research of the business during the initial stage of the business.
Small scale business also face environmental threats, due to how unsecurify and vulnerable the business asset, property, and inventories are . Most large scale businesses are security conscious and alert of the safety and care of their assets and properties, and most times there are situated in an area with low or no crime rate and occurrence. Small scale business on the other hand may be situated in high crime rate areas and environments due to no or low marketing and location research of the business during the initial stage of the business.