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Factors that determine size of a business!
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[QUOTE="funmi, post: 217941, member: 38880"] Of course one of the major factors that determines the size of a business is the nature or type of business that one actually has in mind. If the nature of business has to do with hoteling then you may start small but with time there should be tendencies that the business will certainly expand. Again if the business has do with selling of processing of rice you can aswel start small with the local processing techniques but with time it will still expand. But there are some kind of business that might require a lot of space to start like commercial farming. It will definitely require a lot of space to.start the operations. Another factor that determines the size of a business is the strength or seize of the capital involved in starting the business. When the capital is small there is certainly anything anyone can do the business will certainly start small until the capital begins to increase that is how it is. Then again the available space can also be another major concern, if the available space is small the business will have to make do with that. Lastly I with.say the level of technical know how . [/QUOTE]
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Factors that determine size of a business!
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