Monday, March 31, 2008

Small Business - Big Business

Today small business is becoming the new big business. More and more people are making a decision to control their own destiny by opening their own business. Years ago you could decide to pick a company to work for and also plan on retiring from there in 40 years. Those days are all but gone and we will never see them again. Big business has a priority to its shareholders to produce earnings and this means growth through acquisition, cost cutting measures, and flat management hierarchy.

Small business does not have to deal with these same issues but can create a business that is just as agile as big business. Small business can take advantage of technology enhancements, 3rd party vendors, and outsourcing all the while creating an infrastructure to compete with big business. Sure there is more risk as a small business from an initial cash flow standpoint but the ROI is much higher than the normal course of employment. I have always worked for big corporations mainly because of the belief that is is safer. Of course my former business was outsourced and my current business is under extreme financial pressure. So I guess my question is why should I work for a big business?

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