Friday 23 September 2011

Difference between small and large businesses

Small
-Smaller costs
-Less tax to pay
-Less sales
-Possible better
-Higher quality of products
-Customer loyalty

Bigger
-Larger Costs
-Higher tax rate
-Moe variety in terms of products/sales
-Possible lower prices
-Economys of scale
-More money for promotion
-Higher sales
-Invest points
-Share holders
-Higher market shares
-Invest profits in the business
-Higher market share

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