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Is it difficult to manage small scale business?
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[QUOTE="Leah Kelvin, post: 335603, member: 106815"] Though it may not always be easier than managing a big business; running a small-scale company comes with some challenges as well. This is because the small scale businesses often suffer constraints like little resources, strict budgets, and necessity to multitask. However, these trials can bring opportunities for flexibility, inventiveness and close customer relationships. For effective management of a small-scale business, it is important to prioritize tasks. To achieve this, one should set achievable goals and make choices depending on what is available. Furthermore, a sound team building strategy plus delegating responsibilities can also ease off work load from the managers’ shoulders. Besides all this, use of technology and automation can help to simplify operations and improve efficiency. [/QUOTE]
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Is it difficult to manage small scale business?
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