Small Business Advantages: Flexibility
Business : Starting Up In Business Another advantage of a small business over an established, larger player, is flexibility. Put simply, in a large company it is almost impossible to change and adapt to new processes or bespoke requirements at speed. Usually a project team needs to be assembled which takes time, assessments done, and the flexibility goes down the pan. With a small business, however, flexibility is an asset - it is easier to adapt to the needs of customers and/or suppliers. With less stringent policy requirements and bureaucracy, you can adapt and mould to any requirements with ease. Remember the advantage that this gives you and be sure to plug this element when you meet and pitch for potential clients.
Questions about running a business:
|
|