visit any small business unit and make a detailed report of the characteristics of that small business unit?
Answers
A small business unit or a small scale enterprise is usually owned and operated by a small number of people.
Examples of small scale businesses are photography, educational center, printing and document process center, and consultancy.
It usually operated with a low turnover, since the business is small.
Start-up capital is usually low compared to the large scale business.
They operate with a few personnel which they manage for the good of the business.
Small scale business owners are resilient and can adapt to the business environment.
Small scale business owner knows how to build successful relationships with their customers or clients.
Small scale owners use initiative and look for opportunities to improve their business.
Small scale business owner makes a decision quickly concerning their business.