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What is the advantages and disadvantages of independent retailers among the other retailers?
Wiki User
∙ 12y ago
Advantages:
There are no restrictions on who, how or where an entrepreneur should set up his/her business. The freedom to do what one wants to do is the biggest advantage in this form of business. It can be extremely fulfilling.
Disadvantages:
Because of the ease and flexibility of getting started, there can be a lot of competition in a particular area for a certain type of customer. Every business decision rests on the owner(s). There is no branding, no preset guidelines and a great deal of risk in this business model.
Wiki User
∙ 12y ago
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