reasons why small businesses stay small Flashcards
1
Q
market size
A
if the number of customers a business sells to is small, the business cannot expand.
2
Q
owners objectives
A
when the owner has personal relationships with employees and their consumers and might not want the increased stress of owning a large business
3
Q
type of industry the business is in
A
industries that offer personal services or specialized products often stay small as they will lose the demand for the specialized product.
