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Business Ideas Forum
Business strategy
Choosing between a large-scale business or small-scale business.
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[QUOTE="Axis, post: 288726, member: 66672"] Although establishing a large-scale business or a small-scale business is actually done for the same purpose which is to either sell or to render goods and services to satisfy the needs and wants of many. However there are so many factors that differentiate the establishment of a large-scale business and a small scale business. Example a small-scale business may actually rent a space or possibly occupy a small space to carry out business activities. Small-scale businesses are actually established with unwanted spaces around an individual's house for example garage and veranda stores. On the other hand establishing a large-scale business can either involve an individual building a structure or renting a large spacious structure to carry out business activities. In summary, the ability for one individual to differentiate whether to establish a large-scale business or a small-scale business totally depends on the amount of capital he or she has. If an individual have sufficient and adequate capital he or she can totally elevate any business ideas he or she has into large-scale. Another possible factor for an individual to consider, is his or her own capability and ability to establish whether a large-scale business or a small-scale business. A smaller scale business may not take the amount of effort and energy required to managing a larger-scale business , however it is required for a young entrepreneur to consider all these factors before choosing the business of his or her choice. [/QUOTE]
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