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Reasons to continue small-scale business.
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[QUOTE="Kingsley, post: 209435, member: 30278"] Small scale business is indeed playing a major role in the society and to the economy of every nation. They seem to be the epicentre of every vibrant economy. without the small scale businesses it will be very hard for every other business unit like the large scale and medium scale businesses to reach their set targets. Hence we need to attribute so much importance to small scale industry as I will like to class them. One of the major reasons people or investors prefer having the small scale business is because it is less capital intensive, it doestn require much capital to start a small scale business one can even access quick loans to start working on a small scale business. Another reason is because it is less stressful in the sense that it does not require much people and to operate and hence the human managerial stress will be of less concern for a small scale business operator. Another aspect of small scale business that Iis very advantageous is the easy to making decisions because you dont necessarily need to consult anyone before making decisions, hence decision making is always fast. It can aswel be set up in any location. [/QUOTE]
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Reasons to continue small-scale business.
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