what is the advantages do you see in conducting small business?
600300
It's awesome to be your own boss, decide when you want to work, decide when you don't want to work.  I think the best thing for me is just the flexibility having my own small business gives me.  Also at the same time you control the amount you make by the amount you put into the business.
985315
Given youre the owner of the company. advantages includes a subcontractor can be called in when necessary rather than having them working for you permanently. You dont have to worry about pension, national insurance, holiday pay etc. disadvantages - subcontractprs may be hard to find in the area you want, they charge per hour, are not under your control
1154719
I am a former ISO auditor. I do not believe that any company is too small to benefit from ISO principles.\n\nISO mandates that you say what you do , and do what you say.\nIs it realistic to assume that your subs will follow the ISO procedures? \n\nISO certification can be an expensive, time-consuming process.\nIt can have many positive benefits, and could potentially lead to more contracts.\n\nI am no longer an ISO auditor, but if you have any questions that I might be able to answer for you, you can e-mail me at redheadmba@yahoo.com and I will try to help.
390797
Advantage:\nYou make lots of money\n\nDisadvantage:\nYou have to be a prick
889427
Advantage=  learn time & money management, how to plan ahead, how to follow directions, how to make practical, independent judgements affecting others, develop customer service skills, develop self discipline, pride in becoming self-sufficient, learn unexpected skills, meet new challenges, reach out for greater responsibility, train someone else, supervise someone else, be there to handle an unexpected urgency., discover working isn't as hard as it seemed when you were unemployed., learning to enjoy the early morning hours.\nDisadvantage= may be temporarily stuck with monster boss from he--, may have boring job, pay too low (move on!).
867224
It means you hire an accountant. You have some advantages that most people overlook.
800145
Smaller businesses are crucial to the health of the economy.  They employ more people than the large businesses. The people that own and operate small businesses invest a lot of time, talent, and resources to make it a success. They don't always get a lot of publicity, like the large companies do.\n\nThey provide goods and services to the marketplace and they buy goods and services that they need to run the business. They and their employees pay taxes.
1038599
Any small venture can be successful as long as:\n\n- There is demand for the product. People must want and buy the products. Otherwise, no amount of marketing can help the business. If there are no sales, the business will just be a cash drain for the owner\n\n- Healthy profit margins. If your profit margin is only 2% -- and prices and inventory cost increase -- then your margin will be squeezed out. A small business can succeed if it is operating good profit margins that can help it withstand market shocks and price increases.\n\n- Good revenue per sale: if the profit per sale is only $1, then to make $100,000 the small business need to sell 100,000. A small business may find it harder to do tremendous amounts of volume.\n\n- Good niche area. A small business may find it hard to compete head on with Amazon.com or Walmart, for example, trying to be everything for everyone. But if the small business can focus on one area -- and be very good at it -- then it has better chance of growth.\n\n- Good cash flow management. A small business may have sales, but if it cannot collect payments and run out of cash, the business will have a hard time.\n\n- Growth prospects of the business and how growth is handled. A small cleaning business can only handle certain number of accounts effectively and efficiently, and profits will plateau. To grow, the business either needs to expand its staff to be able to handle more accounts or expand the area of coverage. Either way, how the business owner handles growth, and all its accompanying problems, can spell the difference between success and failure.\n\n- Suitability of the business with the entrepreneur. The entrepreneur is the heart of the business. Sometimes, the entrepreneur is the business (if it is a 1-person operation). The business owner must have the passion and drive to push the business to success.The person must be able to spot new opportunities and learn how to handle the challenges. Otherwise, if the entrepreneur loses interest, then the business may die.
7124
I would say the biggest disadvantage of an e-business is the lack of product-in-hand experience.  Because you cannot physically present the product to the customer, you have to prove its value through detailed descriptions and photos or fancy marketing.  And because the customer doesn't actually see the real product until after he's paid for it, you run a higher risk of the item being returned or complained about.\n\nHowever, if you are offering services rather than manufactured products, I really don't see the disadvantages except for competition and getting lost among all the web sites.
194114
(m)\n\n1. Focus \n\nIn order to survive, most small businesses must adopt a narrow market focus. In doing so, they can develop a premium reputation for serving that narrow market.\n\n2. Reach \n\nSmall business owners are so close to their markets they can experience what their market experiences. They can deliver CEO level experience to any size client who can connect with a client better a 25 year veteran and author of two books on the industry or two twenty something whiz kids from McKenzie?\n\n3. Nurture \n\nSmall businesses can grow with customer needs. Often, they can create products and services that address highly personalized requests at a moments notice.\n\n4. Surprise \n\nThe best small businesses understand the value of surprising their clients from time to time. A simple interrupt in the system can become a system for a small business.\n\n5. Transform \n\nSmall businesses can obtain new data from a market, or even a client or two, and dramatically change their business model to align with a new opportunity.\n\n6. Partner \n\nSmart small businesses create networks of strategic partners and address the needs of their clients with the best and brightest every time.\n\n7. Automate \n\nThe proper use of technology allows small businesses to put up big shop follow-up, service and prospecting without the overhead. Plus, they can outsource the boring work.\n\n8. Educate \n\nLacking big ad budget, small businesses must educate their prospects before they can make any ground selling them. This trust building process makes selling unnecessary and delivers the ideal client relationships.\n\n9. Meaning \n\nSmall business is personal. Markets are hungry for businesses that allow them to connect to something beyond the products and services. Small businesses can deliver a story that has meaning.\n\n10. Play \n\nWhy does someone start a business anyway - To get more life, to develop a passion, to get free? It doesn't really matter that freedom comes with an 80 hour work week. Passion and purpose are sexy and contagious.
873400
Benefits, hours, schedule, etc. \n\nThose are easy! :-)
179216
The benefits of franchising are:\n\n1. Risk is minimized, since a well-established franchise has a proven business method with established products or services. \n\n2. Many franchise organizations also provide extensive assistance in terms of marketing, advertising, even managerial support. Oftentimes, management training and follow-up assistance are provided.\n\n3. You can realize cost savings on inventory items, supplies and equipment due to bulk purchase orders made by the franchisor, which in turn is passed on to franchisees.\n\n4. Some franchisors also assist the franchisee in securing financing, while some provide the funding themselves. \n\n5. Franchisees find it easier to convince banks and other lenders to provide loans because franchises are less risky than start-up businesses. \n\n6. Support can also be given in finding the right location.\n\n7. Some provide the layout, display, facilities and business techniques that have already proven successful in previous operations.
233386
Some benefits include:\n\n1.Reinforce your brand each time an employee sends an email\n\n2.Ensures your company maintains a consistent professional profile\n\n3.Differentiates your company from competitors by providing a flexible communications tool\n\n4.Increases productivity and efficiency by directing recipients to relevant sections of your website, or to a freephone number\n\n5.Enables your company to send targeted and focused messages, increasing brand awareness\n\n6.Can be incorporated as part of a lead-generating process, using Web links\n\n7.Increases customer retention through more effective and continuous communications\n\n8.Contributes to the identification of new business opportunities by making your brand more visible \n\n\n\nI have also included a link that defines how to establish one and what to consider when creating your first campaign.
901460
Advantages-you are closer to services.\nDisadvantages-you are closer to everyone else.\n\nI live exactly 15 minutes from a small town. I love where I live, my home is in a peaceful place that I wouldn't trade for living closer to town, at all. There is more crime in town, more noise, more crummy people...etc., etc.  15 minutes is not far at all.
13858
In my opinion, and experience, the best small business to launch is an online business. Create websites about topics of internest to you, then put on PPC ads from servers like Yahoo Publishers Network or Adsense. You will be paid for each click, when visitors come to the site, see ads of interest to them, and click the ads. The best things about this business is the initial investment is very low. You have no inventory to stock,no orders to fill, no customers to contend with, no shoplifting, no breakage, no back breaking boxes to lift, no employees to hire, no rush hour traffic, and no credit card fraud. You are looking at monthly hosting fees of $20 or less, you design in, so there is no design fee. We are making over $4000 a month just in the PPC revenue, plus we sell ads to other business directly. We work from home, set our own hours, and just wait each month for the check from Adsense or YPN to arrive. It doesn't get any easier, or any more flexible.
632882
advantage is size and one-stop shopping... disadvantage is competivity pricing on some of thier products
1023088
Selling at the peak is usually your best opportunity, but with a small business, the best rule is to sell when you get a good offer.  In other words, it doesn't hurt to have it on the market at the price you want to get, regardless of what business looks like.  Small businesses aren't enormously easy to sell, so you need to be prepared when the offer comes in.