Advantages of running a small business - Photo credits jupiterimages/bananastock/getty images suggest an article correction related searches more articles the advantages of small local businesses the difference between big businesses & small business the advantages of a small business over a big chain how important are small businesses to local economies? In making decisions:- a small business has the flexibility to bend, manipulate and change the rules depending on the need of the hour, whereas a large company is stuck in a quagmire of policies and legalities. Customer service has the ability to make decisions and change the rules depending on who they are serving, which is simply not possible in a large company that has to standardize its approach. As a growing business ourselves we appreciate some of the advantages that come with being small, particularly when our most direct competitors are traditional invoice factoring and traditional financial institutions like banks.
The best way for small business to compete with much larger organizations is to take advantage of the benefits of being small.