Struggles in Small Business

[raaman]

At times, when you have a small business, you may feel like you are struggling to get out of the race of competitors who are much stronger than you. Especially in business to business commercial transactions, many large businesses often deal only with suppliers of similar scale. Because a large supplier will have more resources, a customer track record, and more experience.
That may explain why small businesses have to work extremely hard at times to get a big customer to help the business stand in the market. However, dealing with large customers requires a complex procurement process, involving a lot of people. This makes things more difficult for small businesses and just one mistake can affect their reputation in the market.

 

[Mika]

All big businesses started as small businesses, right? For example, both Apple and Amazon were started in a garage. Well, some businesses are started with big plans, but most businesses start as small enterprise. There are a couple of things that determine whether these businesses will become successful or now. The product or service created by these businesses and marketing strategies used to promote these products and services determine the success of small businesses. But sadly a lot of small businesses are struggling because they do not hve a great product