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Why You Should Start A Small Business
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[QUOTE="Kingsley, post: 214122, member: 30278"] I strongly believe in starting small as long as loans are not involved. Many people make a very serious error of Malkin very big projections of profits without looking intricately at the cost implementation of having a big profit. Infact some even designed a very big business plan and they know they have a very little start up capital, or little sources of rising funds that start a small version of what they have in the very big picture. For this reason they will have to wait for so long to gather the required financial resources needed to establish the business. It is always best to start small and grow thr business with the passage of time. Thisn is the best direction to follow as this will restrict us from accessing loans unnecessarily. And when a business has not really mustered enough stamina to withstand challenges it will be very dangerous to allow such a business to start operating in a very big way, because at the slightest of challenges that it will face it might be going down so easily. This is as a result of the fact thay it management team may lack the necessary requisite to handle it that big, since they have not handle it in a smaller way initially. [/QUOTE]
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