BIG AND SMALL BUSINESS

BIG AND SMALL BUSINESS - large one day Small Businesses...

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BIG AND SMALL BUSINESS Final Report Jacob Pillis
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Business Types Small Business - Basically a business with a small number of employees. Legal definition varies by country but generally under 100 Employees is categorized as small. Ex. Joe’s Diner, Mom and Pop Stores Big Business - Usually corporations with a large number of employees and resources. Ex. Microsoft, Exxon, Wal-
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Reasons for recent success of smal l v Change In Consumer Taste v American’s Attitudes towards work in general v Technology Revolution of 90’s – Present v These have all lead to less centralized business, making smaller
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5 Common Small Business Misconceptions Small Businesses are exactly like big businesses but smaller. Small Businesses act like consumers Small Businesses all want to become
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Unformatted text preview: large one day Small Businesses think less strategically Technology is less impactful on Small Businesses than Big Businesses Struggles Small Businesses Have Everyday Tons of Bills Collecting of payments Employee Health Technology or Mechanical Failures Staying competitive against other businesses in your specialty Lack of Middle Management Summing Up In my opinion small business is still viewed as the other in this country. Rich and famous are idolized causing a false sense of reality and achievement of success Corporations are known everywhere making their product more known and readily available. Small Businesses still fail 50% of the...
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BIG AND SMALL BUSINESS - large one day Small Businesses...

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