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Small Business: Conditions that lead to its creation

There are different situations that bring in many entrepreneurs desire and commitment to start a small business , however, we can mention the following key:

• Identifying an opportunity in the market ( usually, a niche ) in which the entrepreneur can be determined or assumed that profit by offering products or services that large companies do not offer.
  
  
• The holding of a product or service that is passionate about the entrepreneur, to the point of wanting to produce and market their own.
  
  
• The economic reality in which employment opportunities are scarce or very low wages, so take a small business empredendores is seen by many as a solution.
  
  
• The thrust of the suggestions from family or friends for the entrepreneur to establish a new business or sole proprietorship.
  
  
• Being able to work with the family or to provide work to other family members.
  
  
• The loss of a job.
  
  
• The need for additional income for the family that usually leads to one spouse to launch a small business . For example, in Latin American countries many women start a business close to home or at home (as a hairdresser, a bookstore or restaurant) to help with household expenses and over time begin to hire staff until constitute a small business .
  
  
• The desire to be masters of their destiny, to grow on their own and generate wealth.

To access the full article, go to: Small Business

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Small Business Advantage Small Business Definition

The small business has advantages compared with medium and large enterprises, as discussed below:

According to Derek Leebaert the small business :

• tends to be more innovative economically than larger companies, is more apt to respond to changing consumer demands more willing to create opportunities for women and minority groups and to undertake activities in impoverished areas [1].
  
  
• has the ability to make alliances and partnerships , unlike larger companies with competing interests demarcated [1].
  
  
• acts as entry point to the economy new or previously underappreciated workers [1].

Complementing this list of benefits, add the following:

• The small business brings satisfaction work and autonomy to those entrepreneurs who do not have the financial or technical capacity to start a medium or large business.
  
  
• The small business in a world beset by poverty and need, has the capacity not only to alleviate suffering, but also create a solid middle class generate a base secure tax and promote social stability [1].

To access the full article, enter the following website: Small Business

Notes:
[1]: "The Contribution of Small Enterprises to the Economic Expansion of the United States," Derek Leebaert, EJournalUSA in http://usinfo.state.gov/journals/ites/0106/ijes/leebaert. htm, Retrieved in February 2007.
[2]: "Role of Government in Promoting Small Enterprises", Steve Strauss, eJournalUSA in http://usinfo.state.gov/journals/ites/0106/ijes/strauss.htm , Retrieved February 2007.