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Essay / Research Paper Abstract
This 12-page paper discusses various issues small businesses face. Bibliography lists 1 source.
Page Count:
12 pages (~225 words per page)
File: AS43_MTsbissuea.doc
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Unformatted sample text from the term paper:
in a given region, and that earn millions (or billions) of dollars a year. These are, after all, the businesses that seem to be under the most media scrutiny, and
the businesses that tend to receive the most visibility. However, it isnt only the larger corporations that are providing all of the jobs
or effort. In many nations, the small businesses are providing many of the goods, services and jobs that help fuel a countrys, or regions economic development. Yet small businesses tend
to be ignored or not considered as important as their larger counterparts in areas such as regulations, employee resources and access to capital.
There are many issues that a small business faces, whether that business is in the start-up phase or is aiming toward expanding its goods and services. In this paper, well
address a handful of pressing issues that the small business owner faces. These include lack of human resources/personnel, lack of access to capital and lack of an ability to plan.
Once we have these issues outlined, well focus on potential solutions that would help solve the problems. DEFINITION OF A "SMALL BUSINESS"
What, exactly, is a small business? This can be a somewhat difficult question to answer especially in a global context, as the definition can vary from country to country.
The best way to define a small business is an organization that is "small" in relationship to its industry and market size; one that is managed by its owners; and
is not part of a larger organization (Definition: Small business, 2010). Another definition that can be used is an organization that has
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