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1. Small businesses have more time to get up close with their customers, making a better customer relationship management than their bigger counterpart.
2. There is no need for a major inventory
3. Low maintenance
4. Lesser cost ( rent, utilities, equipment, etc )
5. Small businesses focus more on what a customer needs; not what a customer wants
6. Higher customer loyalty rate and repeat business
7. Lower startup cost
8. More productive workers
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∙ 13y ago
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What is difference between a commercial business and a small business?
All businesses that engage in commerce are "commercial. Some are small, and some are large.
What are some popular small business magazines?
Magazines centered around small business are helpful for both small businesses and aspiring business owners. Fortune and NFIB are both currently popular magazines regarding small businesses.
Where can one find active business forums?
There are a number of active online business forums. Some of the better ones are small-business-forum, Small Business Brief, All Business, Young Entrepreneur and Business Advice Forum.
What are some tips about starting up a small business?
There are many tips on starting a small business. The most popular advice for budding entrepreneurs are determine your business type, create a business plan and do the research on your industry.
What is needed to start a small business franise?
To start a small business franchise, you first need to realize that it is going to cost some money. Next you need to think and be creative in what you want to sell, then you can start up your small business.
What are the strengths of an internal business environment?
The strengths of any internal business environment will vary. Some businesses are strong in reducing waste, while others have excellent quality standards.
Strengths and weakness of a business?
There are quite a few different strengths and weaknesses within each business. Business could be good at attracting people but bad at keeping them interested for example.
What is difference between a commercial business and a small business?
All businesses that engage in commerce are "commercial. Some are small, and some are large.
How does one find help for running a small business?
There are a few places to get help running a small business. The US Government has the Small Business Administration which helps a lot in starting and running a small business. Also there are some small companies which help also.
Can you take out a loan for small business credit cards?
Some banks will give you a loan for a small business if you have the proper credit. And yes, there are some credit cards available specifically for small businesses.
Could you recommend some small business software options for Mac users?
Your best option would be to go direct with Apple at Apple - Business www.apple.com/business. You can also try Small Business Tracker it has some good reviews. For small business, it is recommended that you get accounting software and the easiest to use is Quickbooks.
Cadburys main competitors strengths and weaknesses?
strengths - wide product range, good prices, international business, advertising, good availability, Cadbury World. weaknesses - health and safety (e.g. salmonella 2006), only does chocolate (small product range), no dietary options. strengths - wide product range, good prices, international business, advertising, good availability, Cadbury World. weaknesses - health and safety (e.g. salmonella 2006), only does chocolate (small product range), no dietary options.
What are some popular small business forums?
One can find a wide variety of small business forums. Some good forum web pages are On Startups, Business, Young Entrepreneurs and Entrepreneur Connect.
What are some of the reasons for industrial growth?
small business
What is the best advanced management program for a small business?
The best advanced management program for your small business varies depending on your business. Some of these program specialize in certain business types.
What are strengths need in marketing in business development?
identify objectives identify target audience/business
What is one of the best customer relationship software to use?
For a small business, some of the top CRM packages are InfusionSoft, SalesNexus, and CasuleCRM. Each has its strengths and weaknesses. For larger businesses, Avidian is forcefully marketing its Prophet software. MAximizer Software promotes its products as having a solution for any size business. Begin your search by evaluating the needs and capabilities of your business, and work from there.
