Thursday, June 30, 2011
Small is beginning for Something Big
Small businesses in today’s world are looked upon as harbingers. Small businesses have very low investment unlike the other ones. They are also more creative, dynamic, highly responsive and pretty much cost effective than any other big businesses. It creates a capacity almost without an investment which would in turn scale the reduced risks attached with it and its flexibilities. Most of the world’s businesses are very small scale businesses and these businesses are the responsible for the economic growth as almost 80 percent of the new hiring is done by these companies. The world economy has rose by 26 percent from 2008 period.