Yes a small scale business cannot never face with large business because the competition is too much for that, a big business has already make a name for their self, so there is no way a small scale business can compete.
How can small scale businesses resist competition from large scale businesses?
- Thread starter Goodday
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The competition with large scale business has killed many small business enterprises because they dont have what it takes to tackle the big business in the aspect of money and resources .
It will be difficult for a small business to compete with a larger one since the latter has more resources. However, a small business can keep up by ensuring it continues to produce high quality goods at all times.
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Big companies and organisation are the problem of small business because they are bigger and have enough money to push the small business into extiction but the small business must keep planning and upgrading their product l
Competition can actually not be avoided totally. The big businesses always look for places where there are a lot of population in order to locate their businesses in order to increase patronage. I think one of the best things small-scale businesses can do is to areas where there is low competition.
If small businesses think of big businesses as their competitors, they will never survive. Small businesses need to carve their own niche even if they are trying to sell the same product that big businesses are selling. Apple and Samsung are the biggest phone manufacturers, bt this has not stopped other companies to launch new phones. You need to create your own unique product.
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