Mr Nobody Asked on: Fri May 13 2022, 19:07:15 Participation Badges: 5

Research on features of small businesses and challenges they face in your area


Help me with this CALA

Marvel Posted on: Fri May 13 2022, 20:53:30 Participation Badges: 6 In response to: Help me with this CALA...

Small Businesses usually have Low Capital & few employees

Challenges
No economies of scale which are benefits a company gets as they grow such as discounts on purchases

- Competition from well known brands
-Lack of investor funding
-High burden as one person may do many other things alone
-Affected by quick sellers (runners) who charge very low prices