Why Starting at Small Scale is a better option?

[Heatman]

I believe that when we start a business at small scale it'll be better as compared to investing a bigger amount because in case we didn't get the expected results we can wind up easily.

What do you think?

If you actually have the capital and resources to start your business in a very big way, I don't see any reason why you should start it in a small way but if it's when you are trying to cope and manage, I believe that starting in a small way is more advisable.

 

[Chibson]

starting at a small scale is not a bad idea especially if you do not have a lot of money. But if you have the money to start in a larger scale it will be more profitable if you have enough knowledge of how the business works.

 

[Stardom22]

Starting at a small scale is better because because it's quite easy to do the management of the small businesses when you don't have enough budget in doing a larger scale.

 

[Hate2Wait]

If you actually have the capital and resources to start your business in a very big way, I don't see any reason why you should start it in a small way but if it's when you are trying to cope and manage, I believe that starting in a small way is more advisable.

I will still go for small scale unless I am dead sure about the profitability of the business and better to take calculated risks

 

[IB D]

Not everyone has that patience to start small. Imagine you meet an investor that is willing to invest money into your business, you would tell the investor to start small. That's why there are consultants. Pay them up to come and help run the business so it would not fail.

 

[RicAngelo]

its always better to starting in small scale when you dont have someone or investors who willing to give you a big capital to do business. i started my own business in small scale and its my 5th years running it and we survived covid19 so far and i dont have any debt to anyone

 

[Niyi Briggs]

its always better to starting in small scale when you dont have someone or investors who willing to give you a big capital to do business. i started my own business in small scale and its my 5th years running it and we survived covid19 so far and i dont have any debt to anyone

That's commendable. And I am sure you know the things that you didn't know about the business 5 years ago. And as you grow , you are gaining more experience that would help you push further. Slow and steady wins the race.

 

[RicAngelo]

I did, and gaining more experience is really help and its prove that we can survive untill now

 

[Shavkat]

Of course, a small-scale business will be easy to manage, the number of customers and transactions is small, the number of employees is small, so you will have a lot of free time to make plans, marketing strategies, etc.

I can feel you with your thoughts about it. I also think that it is better to experience a business that starts in a small-scale. Then, I can witness how it will prosper to a bigger scale and so on.

 

[RicAngelo]

and starting at the small scale we know how to handle all of it and after getting bigger, we know how to make it stable by hire someone profesional in their field @Shavkat