The Role of Small Business in Myanmar
The Role of Small Business in Myanmar
Total Word: 2765
Executive Summary * Meaning of Small Business. * Definition of Small Business in Myanmar. * Small business advantages and basic Principles in Myanmar. * Introduction of Myanmar. * Economy of Myanmar. * The Role of Small Business in Myanmar. * Advantages of small businesses. * Disadvantages of small businesses. * Conclusion
Meaning of Small Business
The meaning of small business is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of "small" varies by country and by industry, ranging from fewer than 15 employees under the Australian Fair Work Act 2009, 50 employees in the European Union, and fewer than 500 employees to qualify for many U.S. Small Business Administration programs. Small businesses can also be classified according to other methods such as sales, assets, or net profits.
Small businesses are common in many countries, depending on the economic system in operation. Typical examples include: convenience stores, other small shops (such as a bakery or delicatessen), hairdressers, tradesmen, lawyers, accountants, restaurants, guest houses, photographers, small-scale manufacturing, and online business, such as web design and programming, etc.
Definition of small business in Myanmar.
Small businesses are carried out with minimum investment. These businesses are run with the plan to produce more income with the least amount of money invested in a business. While most people run their small businesses from their neighborhood localities, many small businesses are now also being run from the home. Perfect for those who want to do business without taking a lot of risks, small businesses are also for those people who are unemployed, or who want to spend quality time with their family.Most of
Total Word: 2765
Executive Summary * Meaning of Small Business. * Definition of Small Business in Myanmar. * Small business advantages and basic Principles in Myanmar. * Introduction of Myanmar. * Economy of Myanmar. * The Role of Small Business in Myanmar. * Advantages of small businesses. * Disadvantages of small businesses. * Conclusion
Meaning of Small Business
The meaning of small business is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of "small" varies by country and by industry, ranging from fewer than 15 employees under the Australian Fair Work Act 2009, 50 employees in the European Union, and fewer than 500 employees to qualify for many U.S. Small Business Administration programs. Small businesses can also be classified according to other methods such as sales, assets, or net profits.
Small businesses are common in many countries, depending on the economic system in operation. Typical examples include: convenience stores, other small shops (such as a bakery or delicatessen), hairdressers, tradesmen, lawyers, accountants, restaurants, guest houses, photographers, small-scale manufacturing, and online business, such as web design and programming, etc.
Definition of small business in Myanmar.
Small businesses are carried out with minimum investment. These businesses are run with the plan to produce more income with the least amount of money invested in a business. While most people run their small businesses from their neighborhood localities, many small businesses are now also being run from the home. Perfect for those who want to do business without taking a lot of risks, small businesses are also for those people who are unemployed, or who want to spend quality time with their family.Most of