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The main disadvantage is that imports compete with local industries, thus often resulting in a decrease in profits for the local businesses. in severe cases, such as cheap textile imports from countries like china, the imports could completely out-compete the local industries and result in large scale job loses and company closures as the local businesses can no longer make a profit.
A free enterprise system allows people to open businesses if they want to. It also allows for businesses to compete with each other.
Websites that allow users to find local businesses include Yelp and Entrepreneur. Other websites that allow users to find local businesses include SBA and Yahoo Local.
yes
Retail Eyes provide marketing services for businesses. They help a business promote it's brand and develop it's strategy to compete with other businesses and grow.
to gain profits
businesses compete in many different ways for example they compete on price, product quality. Services and advertisment. They do this to get a hold in the market and to beat the competitions to the customers meaning they will get more money and therefore more profit.
Businesses compete through better services and products offered to their consumers as well as better technological advances to their competitors. They also compete by engaging and interacting well with clients that could give them a better lead in the market competition that they are into.
to gain profits
Local business refers to business in the local area. The shops near where you live are local businesses to you. Local business can be the act of doing business locally, so dealing with local customers and other businesses as opposed to dealing with customers that are long distances away, like in other countries. That would be international business.
One great way to support your community and to help bring in plenty of local business for your office is to focus on purchasing important office supplies and other items from local businesses. If you support local businesses in your area, these businesses will be more likely to support your business as well.
Colonists were able to support local businesses and communicate easily in New England because they lived close to each other.