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Differences between a large-scale business and a small scale business.
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[QUOTE="Jasz, post: 237132, member: 61772"] For the new business owner, one of the most important decisions you will make is whether to start a large or small company. Here are some of the main differences between them: Large businesses tend to be more established and have more resources, while smaller ones are often younger and more agile. Larger companies usually have an advantage when it comes to marketing budgets and access to talent - but smaller firms may have an easier time building stronger relationships with their customers. Smaller businesses often have less room for error; if something goes wrong, it can be much harder to recover than with larger organizations that may have multiple revenue streams or other sources of funding available as backup plans (although this can also be true in reverse). Big companies typically take longer time in decision making process compared to smaller enterprises where decisions are made quickly by management team members who are closer together geographically speaking without having go through many levels of bureaucracy before reaching final conclusions due to their size or organizational structure. [/QUOTE]
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Differences between a large-scale business and a small scale business.
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