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Merits of initially starting a business in small-scale.
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[QUOTE="Shaf, post: 263340, member: 25467"] A critical look at most successful businesses would show that most of them started as small scale ideas which were gradually expanded. This does not mean you have to start small though. I do know of people who started businesses as large scale and still succeeded. My uncle is a dealer of quality Ankara fabrics and he got loans to get started. The one thing he said helped him was that he already had experience in the business as an apprentice, this he could run it without hindrance. Of course the advantages of starting a business small far outweigh that of starting big. You learn as you earn, you build a customer base whom you know closely and you can start with whatever sum of money you have without resorting to taking loans. For me, the greatest advantage is that you can easily shut down without losses if the business does not work out for you. [/QUOTE]
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Merits of initially starting a business in small-scale.
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