The prospects of small business are connected with the understanding of the fact that it occupies one of two niches in the economy. The first of these is the launch of new business areas. The second niche is assistance to medium, but most often large business. In our conditions, about 10-20% of small businesses work in the first niche. In the second niche – 80-90% of small businesses.
Small Business Perspectives in the 21st Century
In other words, the vast majority of small businesses work as assistants to big business and, accordingly, depend on it. For example, car services are assistants to car manufacturers and their spare parts. The field of trade is assistants to manufacturers of goods. Travel agencies are assistants to tour Continue reading
A business formula is a way to make money. There are many options to make money now. Each of them requires a different amount of investment, gives a different result and at a different speed. However, there is the most popular formula that most businessmen use, because it is quite cheap and at the same time gives a quick result.
In times when speed is everything and money is needed urgently – it is most in demand. For this reason, it is chosen by most modern businessmen. At its core, it is a modernization of the well-known formula “money – goods – money” adapted to modern conditions in which the Internet occupies a significant place. Continue reading