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[SCAMEXPOSER]

In every economy of a Nation, small businesses , medium scale and large scale businesses exist each with her capital benchmark, this shows the level of participation at each stage .

Small businesses with capital range of $50 - $1000 stirs the economy more because there are huge number of people at this level , they deal more on daily commodity, the continuous exchange of goods and services within a short easily boost their capital, they rarely operate on credits not commission so profit is kinda huge and those with good forecast easily grow and expand the economy. They are easily funded by government as a result of capital base.

 

[gammarays]

It is the same here in my country too. A small business does not have to have so much documentation. Most of them are not even taxed directly. But for a small food business in an urban area, a medical license is mandatory.

Ok nothing is required here though they're advised to get a business name for the easy documentation of their business. People don't like to pay tax because they feel government is not doing enough.

 

[delnovem]

Well big or small businesses has it own contribution to the country's economy positively or negatively but as for small businesses I believe income are been made on a daily basis on like the big businesses that wait for contracts or projects.

 

[btcmaker]

Well big or small businesses has it own contribution to the country's economy positively or negatively but as for small businesses I believe income are been made on a daily basis on like the big businesses that wait for contracts or projects.

well said

 

[a_jerobon]

Well big or small businesses has it own contribution to the country's economy positively or negatively but as for small businesses I believe income are been made on a daily basis on like the big businesses that wait for contracts or projects.

That is right. The small businesses usually get income like daily because they mostly sell the most convenient goods that people want. Hence they are able to make money circulate faster, that is why people view them as contributing to the economy alot.

 

[SCAMEXPOSER]

That is right. The small businesses usually get income like daily because they mostly sell the most convenient goods that people want. Hence they are able to make money circulate faster, that is why people view them as contributing to the economy alot.

Yeah and the profit margin most times is not high so the rate of turnover is usually high couple with the fact that they are mostly neighborhood business.

 

[Rabecca Antonio]

Small and medium enterprises are the drivers of every economy, there are so many small businesses, there services and products are more accessible and affordable. They put huge amount of money in large circulation especially among themselves.

 

[BullyMaguire]

Well big or small businesses has it own contribution to the country's economy positively or negatively but as for small businesses I believe income are been made on a daily basis on like the big businesses that wait for contracts or projects.

Indeed, they both contributes on the growth of the country's economy. Not everything can be found on big business and.the same goes for the small one.. both are necessary

 

[SCAMEXPOSER]

Small and medium enterprises are the drivers of every economy, there are so many small businesses, there services and products are more accessible and affordable. They put huge amount of money in large circulation especially among themselves.

You're right because that is the basis on which American is growing and expanding so when governments able to support small medium enterprises and also monitor their activities the economy of the country will grow faster.

 

[Dav1d]

Small business has the ability to reach out to deep parts of the economy than bigger business, with small business, you can actually touch the grass roots of the society and economy better than bigger ones.

 

[SCAMEXPOSER]

Small business has the ability to reach out to deep parts of the economy than bigger business, with small business, you can actually touch the grass roots of the society and economy better than bigger ones.

Absolutely because they are the closest to people who are not in open places and engage in buying and selling frequently.

 

[Acrosin]

That is true. The percentage of small and medium enterprises is high and that is why they grow the economy more than others. Although they are easily targeted and affected by the decisions of the government, they bring good returns to the economy

 

[Rabecca Antonio]

You're right because that is the basis on which American is growing and expanding so when governments able to support small medium enterprises and also monitor their activities the economy of the country will grow faster.

If small business can be strengthened like that by governments then economic strength will be assured and insured. Lowing taxes, lessening foreign investment for locals, not that foreign investment is not vital.

 

[SCAMEXPOSER]

If small business can be strengthened like that by governments then economic strength will be assured and insured. Lowing taxes, lessening foreign investment for locals, not that foreign investment is not vital.

Definitely because giving more attention to importation is what kill the local economy but if small businesses are supported it will reduce inflation

 

[Skysaint]

Small business has the ability to reach out to deep parts of the economy than bigger business, with small business, you can actually touch the grass roots of the society and economy better than bigger ones.

I think I do understand your point. Small businesses actually do play an important role in the national economy, as it best helps to circulate the economy more efficiently

 

[gammarays]

Well big or small businesses has it own contribution to the country's economy positively or negatively but as for small businesses I believe income are been made on a daily basis on like the big businesses that wait for contracts or projects.

Yes small companies are also easy to incubate because they're cheap to set up. It becomes the nucleus of the economy because a larger portion of the population engage it.

 

[Rabecca Antonio]

Definitely because giving more attention to importation is what kill the local economy but if small businesses are supported it will reduce inflation

Balancing the scale among large, medium and small enterprise is so vital to economic growth & sustainability. Inflation, heavy taxes are the suicide bags for small and medium investment. Small business corporation is so vital to transform them.

 

[SCAMEXPOSER]

Balancing the scale among large, medium and small enterprise is so vital to economic growth & sustainability. Inflation, heavy taxes are the suicide bags for small and medium investment. Small business corporation is so vital to transform them.

Government need to provide enabling environment for business to thrive by lowering taxes and ensure the market is there for Exchange of goods and services.

 

[Skysaint]

Yes small companies are also easy to incubate because they're cheap to set up. It becomes the nucleus of the economy because a larger portion of the population engage it.

Yeah, you are right about that. The greater population here are into small scale business and I think they place an important role to the national economy and also help with the circulation of local currency

 

[Skysaint]

Balancing the scale among large, medium and small enterprise is so vital to economic growth & sustainability. Inflation, heavy taxes are the suicide bags for small and medium investment. Small business corporation is so vital to transform them.

Yeah, large scale businesses also contribute to the national economy alike so there is a need to balance these major sources of national economy because the fact is that they are both interdependent on each other

 

[SCAMEXPOSER]

Yeah if more people are into small scale business it means the unemployment rate will be drastically reduced and this favours the economy of the country.