Carpon
Valued Contributor
This is a very frank question and it aims at ascertaining the level of profitability of a small business which was set up among other mega businesses.
Such a business may have to battle with the issue of getting patronage since people generally have the impression that items bought and purchased in large stores are cheaper, better and more qualitative than those purchased in small business outlets.
Actually, a small business can thrive but only if it has the ability to withstand the many limitations and circumstances that will come its way. The owner of such a business must have to obtain a civilization higher than that of those around him.
You cannot compete in such a condition but rather you will find ways to win the heart and trust of buyers. If you try to compete with others, you may end up killing your business, but find ways that you can subtly traffic more patronage and build your business.
Such a business may have to battle with the issue of getting patronage since people generally have the impression that items bought and purchased in large stores are cheaper, better and more qualitative than those purchased in small business outlets.
Actually, a small business can thrive but only if it has the ability to withstand the many limitations and circumstances that will come its way. The owner of such a business must have to obtain a civilization higher than that of those around him.
You cannot compete in such a condition but rather you will find ways to win the heart and trust of buyers. If you try to compete with others, you may end up killing your business, but find ways that you can subtly traffic more patronage and build your business.