Essay About Small And Big Business Companies

Essay about Small and big business companies.

First of all, working for a small business can give you much more job function experience, because everyone tends to wear more that one hat. For instance a officer in small company may have his hands in companys budgets statisctics and creating financial statements while in a large company only be responsible for financial statements. It may sound good to work for a big company, but in reality most of practice at large companies make no sense for you and company. Small business often face variety of problems related to their size. A common reason of bankruptcy is undercapitalization. This is often a result of poor planning more than economic conditions - it is common that the businessman should have a sum of money at least equal to the projected finance for the first year of business in case there would be more expanses than income.