Small scale business Vs large scale business; which is easier to manage

uptrendfinancialsignal · Feb 13, 2024

Managing a small scale business is very easy. It's not easy because most of the jobs are done by few individuals especially the owner of the business but when it comes to managing a large scale business, it requires delegation and coordination among multiple departments . The decision making that is involved in small scale business is very fast but it is a complex process in the large scale business.

Reedex · Feb 13, 2024

Small scale business have a simpler organizational structure and it is easy to manage but a large scale business have complex organizational structure and decision making are always very slow.

uptrendfinancialsignal · Feb 13, 2024

Managing financings in a small scale business can be much more simpler because they only carry out few financial transaction and they have smaller budget to oversee but in large-scale business, it is always sophisticated accounting system.

Reedex · Feb 13, 2024

The small scale business have more informal company culture and they also have a stronger employee loyalty but a large scale business struggled with the employee engagement and also employee retention.

uptrendfinancialsignal · Feb 13, 2024

A small scale business have a closer relationship with the customers and that is why they have a deeper understanding of their needs but a large scale business would only reply on market research and also on data analysis.

cherry123 · Feb 13, 2024

yes, it is easy to manage a small scale business. Exactly It' easy to manage as it is mostly jobs done by few individuals so the owner will be able to run the business

nomad · Feb 24, 2024

Small business is basically managed by a single person or a small staff, however big businesses need a huge workforce. There will be a team work, therefore, managing big business will be rather easy.

Tracee1 · Feb 24, 2024

We can say managing a small scale business is easier but for the owner managing it, its not easy because in that present level things seems to be hard also that small business will eventually grow to be a large scale business in the long run so it's all dwells down to how a business is being managed from the small scale to the large scale

eldavis · Feb 24, 2024

Its easy for one to say having a small scale business is easier to manage compared to a large scale one, but looking at it from the owner's point of view, it's not so easy. Running a large or small scale business has their different difficulties.

Stardom22 · Mar 12, 2024

According to me the management of the small scale business is far much better compared to the running of the large scale. This is because there is so much to be done regarding the management for the large businesses.

eldavis · Mar 14, 2024

Running a large scale business means there are more persons under your care. This means you have more responsibilities as a large business owner. Then again it depends on the point of view for each business owner.

Springtime · Mar 23, 2024

I would say managing a small business is easier. No bureaucracy is involved, and the owner can make a decision quickly. As for big corporations, the organization structure and decision-making process are more complex.

Ratine · Mar 23, 2024

The management of the small businesses is very easier compared to the bigger businesses. That's because the bigger the size of the business the more complicated the management for the business it is.

Small scale business Vs large scale business; which is easier to manage

uptrendfinancialsignal

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Reedex

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Reedex

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cherry123

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nomad

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Tracee1

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eldavis

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