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Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise. Franc
Oneof the advantages of a sole proprietorship is that an owner can make decisionsquickly and decisively without having to consult others. And an individualproprietor, by law, pays fewer taxes and at a lower rates than does acorporation. Thereare disadvantages to this form of business organization, however. A soleproprietorship ends with the incapacity or death of the owner. A person who maythen become the operator can inherit the assets, but legally the business dieswith its owner. Also, since it is dependent upon the amount of money the ownerhas saved or can borrow, usually it does not develop into a large-scaleenterprise. Inspite of its limitations, the sole proprietorship is well adapted to many kindsof small businesses and suits the temperament of many persons who like to exerciseinitiative and be their own bosses. Some of the economic contributions of smallbusiness are, a small business is often the starting point for developing a newproduct or service. One person tries out an idea. If it is successful, thebusiness grows, or a larger firm may buy the product. Smallbusiness can give an individual a chance to gain experience, which the personmay use later on a larger scale. Small businesses are particularly well suitedfor meeting specialized local needs. Artisanscan provide individualized products fro customers who have grown weary of massproduced goods. Small businesses provide service where knowing ones customersis important. Sole proprietors are reassuring to customers who believe anindividual who is accountable will do a good job. Smallbusinesses often grow into larger ones, adding to the economic vitality of thenation. Small business advocates contend that 55 percent of American technicalinnovation comes from small and medium size businesses. Certainly many of thecreative innovators in the American computer industry, including those whobuilt successful companies in what is now known as Silicon valley, California,started out as tinkerers working on hand-assembled machines in their garages. They have become part of American businesslore. By any measurement, small businesses are an important part of theferment, the creativity, and the competition that provide new strength to theAmerican economy. Ofcourse, it is true that small businesses often fail. But in the United Statesfailure of a small business venture does not carry with it the social stigmaor opprobrium for the failed entrepreneur that it does in some countries.Often, failure of a small business venture turns out to be a valuable learningexperience for the entrepreneur, who may be more successful the second or thirdtime. Unsuccessful attempts to start a business become part of the largerprocess of sorting out the market and making it more efficient, according tosmall business experts.
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