Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 6, Problem 3CT
Summary Introduction

To think critically about: the kind of business to start at small-scale keeping in mind the competition, the way it can become attractive and the time need to be devoted for making the business successful.

Introduction:

A business that is self-reliantly owned and operated and is not leading in its field of operation, meets few standards of size in terms of annual receipts or employees is termed as small business.

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