1. Accessibility 

2. Growth Prospects

3. Competition

4. Cost of Security Rent

5. Operational requirements

6. location geographically

Because of its agility and adaptability, a small business can outperform a large one. Because of their scale and scope, large corporations are frequently removed from their clients, and the response echo needs to travel further to reach a judgment.

Smaller businesses, on either hand, have more personal relationships with their customers. This means that they can focus on providing better customer service, implement immediate product/service advancements, and adjust to industry changes more quickly than larger competitors

It takes a lot of effort to run a successful business and handle day-to-day operations. Here are ten suggestions for keeping your small business running smoothly:

1. Manage your financial affairs and accounts properly.

2. Describe how you intend to expand your business.

3. Reduce your small business expenses.

4. Delegate tasks that consume an excessive amount of time.

5. Engage in training and development of employees.

6. Compensate your team for their efforts.

7. Check that you are legally compliant.

8. Consider renting rather than purchasing.

9. Fill the gaps left by your competitors

10. Improve your customer service.

If you're wondering about setting up a business, you've probably already decided what you want to sell, or at least which industry you would like to enter. Discover what existing brand representatives are doing and how you can do so effectively. When you have your concept in place, you must ask yourself a few critical questions: What is the goal of your company? What are your ultimate objectives? A good business plan can provide answers to these questions. Starting a business has costs, and you must decide how you will cover those costs. Are you able to finance your startup on your own, or would you need to take funds?