A small business is usually a privately owned and operated company with a small number of employees and a relatively low sales volume. These businesses are often owned and managed by a single person or a small group of individuals and are considered the backbone of many local economies. They may operate in various industries, from retail and service to manufacturing and technology. Small businesses typically have limited resources and face unique challenges, but they also have the potential for significant growth and success.
Are small businesses on the brink of going bust?
In a worrying sign of how small businesses are struggling, according to a...
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