4 ms·
From the viewpoint of the small business owner, I still have to come up with the 4% difference out of my profit margin. If I'm competing with a big corporation
by Fjolsvith 8y ago
From the viewpoint of the small business owner, I still have to come up with the 4% difference out of my profit margin. If I'm competing with a big corporation, that is a significant disadvantage.
- navigatesol 8y agoIt comes out of their profit margin too, though. And I'll bet the margins of good, small businesses are as good or better than large businesses. Of course, large businesses can generally borrow at lower rates, but that's the way "risk" works.