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Opportunities to trade with individuals and groups that are compatible with small-business culture.
The presence of up-and-running companies that did not need massive investment or years of planning to set-up.
Freedom to take instant decisions that would need to be exposed to many committees before being authorised in big business.
Outlets for highly individual characters to run a company in their own image, when they might not meet the criteria for promotion in big companies.
Below a certain number of employees, the management is exempt from certain human-rights obligations that could inhibit efficient operation.
Generally, freedom from bureaucracy.
Wiki User
∙ 12y ago
Small businesses contribute to the economy by creating jobs, fostering innovation, and supporting local communities. They often offer personalized services and products, helping to meet unique customer needs. Additionally, small businesses can bring diversity to the market and create healthy competition among businesses.
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