0
Historically the role of small business has not changed much. We have always had small business, but before the internet a small business was limited to a local area, or regional niche for their product. Now with the Internet a small business can many times compete against a much larger business.
Wiki User
∙ 14y ago
Koyel Chakraborty
Nowadays, small businesses are giving tough competition to large-scale businesses. It only happens if the small business has an online presence/website of its own... The more online footprint, the more the business will grow...Earlier in absence of the internet it was not possible, but nowadays there are so many options for having a website available for small business owners, they can easily approach them and get their web presence done.
Add your answer:
Earn +20 pts
Historical evidence for the U.S. economy indicates that?
changes in real GDP over the business cycle are largely attributable to changes in investment over the business cycle.
Which type of small business is the most stable?
You never know what kind of small business is most stable as the market changes a lot. It all depends where you lives and the area and the other stores around you. Look into where you want to put a small business and see what is around.
What are the Historical change in sectors in India?
Write a note on historical changes on sectors
What percentage of revenue should a small business spend on advertising costs?
The percentage of revenue that a small business should spend on advertising changes depending on the circumstances. The basic needs of the business determine the percentage. If there is already a wide fan base, less advertising is needed.
When was Small Changes created?
Small Changes was created in 1969.
What information is needed for business financial forecasting?
Information needed to complete a financial forcast on your business is a pro forma financial statement. This allows the business owner to make small changes and track the finances easier as the year progresses.
How many pages does Small Changes have?
Small Changes has 230 pages.
Do small changes in speed produce small changes in kinetic energy?
Yes.
What is a business that changes basic inputs into products?
service business service business service business
What is a business called that changes raw material into products?
Business
How is it to create a small business plan?
A small business plan is not a difficult thing to do. A person can create a small business plan through the small business administration website. They will give you free advice.
Who do you have to register a small business with?
Register a small business in the state your doing business with the state government
