Impact of small businesses on the economy. Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be employable by larger corporations. MSMEs (Micro, Small, Medium Enterprises) are the biggest contributors to the economy, as they enhance entrepreneurial development in regional,Continue reading “In what ways do small businesses impact the economy?”
Author Archives: Daksh A
Why do small businesses fail? what can they do better?
WHY DO SMALL BUSINESSES FAIL AND WHAT CAN THEY DO BETTER A business cannot call itself one, until and unless it actually faces the day-to-day hardships that come with establishing and setting up a business. Be it a huge multi-million dollar corporation or something as small as a “Kirana Shop”, the challenges faced by themContinue reading “Why do small businesses fail? what can they do better?”
