The purpose of this paper is to identify how different factors effect on the growth of small businesses. The growth of small businesses has been influenced by factors such as growth strategy, business forms, short and medium term goals, financing assistance, organizational structure and staffing needs, customers and promotion, and ethics and social responsibility. In this paper will to discuss how the different factors alter the advancement of small businesses.
Kelly’s sandwich concession has been selling sandwich and other lunch items to her customers for the past five years. Though small, her business has been a very optimistic and fast growing business. Applying different strategies to aid in the development of the business has made a very big positive impact on it. In fact it is said to be one of the best in town. The business has developed from a small business, through using bicycle-towed concession that travels to different strategic locations in town, and currently she has got a restaurant where she can do her business from.
Kelly's Business being a small business that is still growing faces some several challenges. The particular status of the business is examined at length in this document and several problems were discovered. This paper will be based upon the details provided by the content and it is separated straight into a pair of portions. The first segment looks at a number of causes of the down sides at the moment facing this Kelly's business. The next segment offers suggestions that could allow Kelly to be able to address the difficulties she is facing so as to make her business even better.
Reasons why Kelly’s business is doing well
Kelly’s passion as well as skill for producing dependably refreshing, yummy lunchtime fare well-liked amid a company customers, largely workers as well as shoppers, has made her little business the thriving achievement. Through her skills, she has made her products popular with employees as well as other
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