The Upside of Downsizing: Why Small Businesses Should Embrace Being 'Small'

Posted by SmallBizDiamonds under Strategy
From http://smallbizdiamonds.com 199 days ago
Made Hot by: GraftonToday on November 3, 2012 1:01 am

Many small businesses actually foil their own chances of success by trying to expand too rapidly — hiring too many employees, taking on too many contracts, buying too much equipment etc. This mistake is known as premature scaling, and it’s estimated that it accounts for the failure of up to 50 percent of small businesses...

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Written by HeatherStone
197 days ago

Hi Ashley,

I think it's a great idea to admit just how small your business is these days. Small is in and people enjoy building a relationship with a person or small business rather than with a big corporation. Remember, small does not mean unprofessional, but it can equate to a more personal connection with your customer.

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