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Business strategy
Benefits of starting a business small
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[QUOTE="Augusta, post: 128626, member: 25283"] 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 [LIST] [*]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 [/LIST] What are your thoughts? [/QUOTE]
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