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Merits of initially starting a business in small-scale.
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[QUOTE="King bell, post: 265126, member: 75687"] There are different benefits if starting up a business in small scale, some of which are: Less risk for your project, Greater success rate. Access to customers, not potential customers. Higher chances of success once you do learn what your customer really needs. A smaller startup is more likely to succeed than a bigger one in the long-run because they're more agile and nimble than their big counterparts that have an exponentially larger company size to keep up with, A smaller company means less overhead and less complicated bureaucracy requirements which in turn leads to a lower cost of production when it comes to their products/services. A smaller business means that you'll have a greater chance of being noticed by the public as opposed to an extremely large company as they might be too overwhelmed with their own activities whose sole purpose is to sustain and financially grow the company rather than their customers. Starting a business in small scale also means that you can get more chances at getting your name out there, in the business world, which will in turn earn you more recognition among potential clients and thus have a higher chance of achieving success when building your first online business. [/QUOTE]
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Merits of initially starting a business in small-scale.
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