Someone has a great idea for a small business. They toss the idea around with family and friends, and the most-asked question is “will it scale?” And if everyone agrees it’s a great idea but isn’t likely to make millions a year after its launch, they ditch it.
This is a shame, because there are manifold benefits to becoming a small business owner and they’re not always about money. Of course they¬†want their¬†business to be profitable and to afford them¬†a decent living, but that’s not all there is to it.
Becoming a small business owner means being¬†your own boss. Keeping it small means it stays on a personal level, and small business owners are¬†more likely to stay connected to the people who work for them. A small business owner is looking to¬†strike a work/life balance, and to¬†focus on building something that, while small, is still meaningful.
And remember, small doesn’t have to mean low value. Or (crucially) ¬†that they’ll stay small forever – who knows what the future holds?¬†For a bank, todays new small business account could become tomorrow’s major success story.
Read the full article at: bizztor.com