Benefits of starting a business small

[Sherman198]

The best benefit of the small business for the start up is the smaller capital and the simple operation or mechanics of the business. I agree that you learn the ropes as you go along. However, there are disadvantages too when starting small because it would be hard to face the competition. A small store cannot match the big store with its huge array of products.

Yes you are right! Small business is sometimes considered as easy for start up, because of the smaller capital for starting it up. Competitions are everywhere. Even the smaller business faces competition with their business competitors. So competition is unavoidable for any kind of business.

 

[Mjay]

there is a saying that says, Even if you have the means to start big,start small. There are tons of experiences to gain if you start a business small because it will prevent you from losing more money while trying to have knowledge about the particular business. Most of the greatest businessmen in history today started from the scratch.

 

[btaliat]

There are many people who don't even realize the power of starting small. There are times that we the required money to start a business may not be realized as fast as we think. But when we start so small, as times goes on, we will soon enlarge the business to our satisfaction though hardwork and dedication.

 

[Good luck]

There are various benefits and advantages of starting a business small.Most of the business we see now actually started small and before you know it.it has really become big and most of such will also have annex in some cities closer or further to them.starting small makes one to have a good knowledge and idea of such a business and how to build it.

 

[Moni]

We all want to own a conglomerate and forget that this come at a price. For a business venture starting small comes with a whole lot of benefits. a lot of people have lose their life savings because of starting big without even having a little pre-knowledge about the business they are venturing into . See reasons why you need to start small

• You would learn as you progresses in the business to minimize losses
• If you are losing money, it will be bits of it and not so much
• You would be gathering experience that will help you when it becomes big
• You would know how to avoid losses in the long run
• Running the business will be clear to you and you know the risk involved

What are your thoughts?

You points are clear because owning a small business is better that jumping into a big business because you wouldn't have known the risk involved for the first place. Small business although has small income but is a gradual process so if you get to know all the secret involve is there that you can know how to manage the bigger one too.

 

[Augusta]

When very important advantage of starting a small business that I have seen is the fact that you do not have to risk a lot of money to start it especially when you are just a beginner. Starting a small business in most often times will give you a lot of valuable experience that will be needed when you expand the business in the future.

You are right about not needing plenty money to start the business. This is one of the advantage of starting small you would be able to know from the word go if you can continue with the business and it is something you can make money from. You get all the experience from this

 

[linneasandel]

This is a nice post. Well, There will always be competition for both large and small firms, but the reality is that starting small will assist so that if a loss occurs, it will be manageable rather than losing a lot if it was launched large. If you will run your small business in quite effective way then it will be good for you. Try to promote your business using cost-effective promotional products. Over these products, you can imprint brand name and logo and distribute among the target audience. This will help you to spread brand awareness and call the customers at your shop.

 

[Setho]

When very important advantage of starting a small business that I have seen is the fact that you do not have to risk a lot of money to start it especially when you are just a beginner. Starting a small business in most often times will give you a lot of valuable experience that will be needed when you expand the business in the future.

 

[Augusta]

Yes you are right! Small business is sometimes considered as easy for start up, because of the smaller capital for starting it up. Competitions are everywhere. Even the smaller business faces competition with their business competitors. So competition is unavoidable for any kind of business.

Definitely, there will always be competition for both big and small businesses, but the truth is that starting out small will help so that if there would be a loss it will be manageable than losing big if it was started in a big way. It will be a lot better to have small losses

 

[Augusta]

We all want to own a conglomerate and forget that this come at a price. For a business venture starting small comes with a whole lot of benefits. a lot of people have lose their life savings because of starting big without even having a little pre-knowledge about the business they are venturing into . See reasons why you need to start small

• You would learn as you progresses in the business to minimize losses
• If you are losing money, it will be bits of it and not so much
• You would be gathering experience that will help you when it becomes big
• You would know how to avoid losses in the long run
• Running the business will be clear to you and you know the risk involved

What are your thoughts?

 

[Augusta]

Starting a business in a smaller way is really the best way to start a business. You get to build your knowledge about the particular business from the scrap then eventually you will be become more rooted in the said business. Then, When you have acquired enough experience about the business then you can now expand as you have garner enough experience and your customers base is also enlarging.

Yeah that's the whole idea it brings us closer to win in the business because you had learn alot about as you move along trying to grow the business. The experience gathered will be memorable and it will help with the future of the business. It much better than starting big and failing big

 

[Alexandoy]

The best benefit of the small business for the start up is the smaller capital and the simple operation or mechanics of the business. I agree that you learn the ropes as you go along. However, there are disadvantages too when starting small because it would be hard to face the competition. A small store cannot match the big store with its huge array of products.

 

[sincerem]

Majority of top entrepreneurs can be also foundation of 3 or 4 companies into one company because a big company can be result of cooperation between two concurrents companies into one then partnership will grow by including one or two other concurrent company that result that income of 4 company will be one income and then it will be a good concurrent for other company that are small or medium this is another view of things.

That's merging together of group of companies working as one to deliver a particular complex projects. So in order to achieve such ambition they collide together in order to contribute effectively with what they can offer. A company might not have all it takes to execute such project alone, and the other might have that missing tool, or equipment then work continue in progress towards achieving its goal.

 

[Deleted member 28127]

It doesn't matter how small you started such business, it will be a matter of, how well is the business in the future. If you have the right mindset, vision, experience in marketing, producing, branding, etc. You'll surely take it high in the future and achieving your business goals. Majority of the top entrepreneurs we see today all started it small until their business became lucrative.

Majority of top entrepreneurs can be also foundation of 3 or 4 companies into one company because a big company can be result of cooperation between two concurrents companies into one then partnership will grow by including one or two other concurrent company that result that income of 4 company will be one income and then it will be a good concurrent for other company that are small or medium this is another view of things.

 

[sincerem]

It doesn't matter how small you started such business, it will be a matter of, how well is the business in the future. If you have the right mindset, vision, experience in marketing, producing, branding, etc. You'll surely take it high in the future and achieving your business goals. Majority of the top entrepreneurs we see today all started it small until their business became lucrative.

 

[Yugocean]

There is no small business which can become big without taking risk. For example Amazon was started as a book seller with office in a garage and become a great Empire; however truth is that Jeff Bezos first worked with telecommunications and learned all trading, banking, producing while he was the head of the department. Trade may be small, but learning and training come first.​

 

[Sherman198]

Starting a business in a smaller way is really the best way to start a business. You get to build your knowledge about the particular business from the scrap then eventually you will be become more rooted in the said business. Then, When you have acquired enough experience about the business then you can now expand as you have garner enough experience and your customers base is also enlarging.