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Reasons to continue small-scale business.
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[QUOTE="Caramelle, post: 212402, member: 150"] [JUSTIFY]Initially, the appeal of a small-scale business is the low capital requirements to start one. Potential business owners can often set up a small business using their own funds or savings as capital. Its operating costs are much lower. Small businesses usually require less manpower to operate and are thus less costly and much easier to manage. In some cases, the owner or family members can take turns in running the business. Because each family member has a personal stake in the business, they are likely to be more involved in providing better customer service. Staying small can also reap big benefits in terms of taxation as their sales are often below the threshold and can usually be matched with tax exemptions. Small businesses contribute to society and the economy by providing products and services to people who are otherwise out of reach by big businesses. They make products available in more affordable packaging by repacking them or selling them in small packets. They can serve as a sales venue for other small-scale manufacturers and thus help the economy by supporting livelihood at the grassroots. They can be mobile and serve the needs of many remote communities. Small businesses may have flexible operating hours and they usually develop a more personal affinity with their customers. [/JUSTIFY] [/QUOTE]
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