Could you please write 8 pages about the Small Businesses and Startup Companies
which include 5 pages for analysis
and 3 pages about recommendation, summary and conclusion
Or something around that
Also, I already provided the introduction page as attached
I need the outline and draft within 2 days and the complete work in 10 days
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Explanation & Answer
Outline: Small Businesses and Startup Companies
It is my interest to explore how small bossiness and startup tend to differ and how
this difference impacts the performance of the market. The method that will be
employed will be to conduct literature analysis on various pieces of work, which have
discussed the difference between these two entities and conclude.
(a) Ownership and Commencement
Startups can be owned by business-oriented person who is ambitious in one way
or another while small businesses are started majorly by entrepreneurs or a team
of people whose main aim is gaining profits in the long run.
The commencement of startups is quite flexible such that there is no restriction of
the number of people who should start or run the business. On the other hand,
small businesses must have a legal nature in form of sole proprietorship,
partnership, or corporations amongst others.
Both businesses can start at any time even though small businesses have certain
conditions that limit their commencement.
(b) Funding and Scale of Operation
Small businesses are mainly funded by owners, financial institutions or
governments whereas startups can source funds from investors, crowdfunding, or
The usage of the funds differs slightly between the two forms of businesses based
on the diversity of their objectives.
Notably, small businesses are more likely to have defined markets and relatively
few employees. On the other hand, startups believe in “thinking big”. That is, they
can explore various markets and dominate them as much as they can.
Every form of business entity has specific objectives. However, the small
businesses and startups have general objectives. The objectives of startups are
quite wide and may take time to achieve. Contrarily, small businesses have both
short-term and long-term objectives.
(d) Competition and Target Market
Most startups are relatively big institutions that face stiff or low competition
depending on the product or service it is dealing in whereas small businesses face
competition depending on various governmental, social, political, and economic
As mentioned earlier, startups target relatively large markets mainly globally. The
size of markets that small businesses serve depends on the size of the organization
and demand of its products.
Recommendation and Conclusion
Every business desires for further development and growth. Nonetheless, startups
should focus more on enabling their growth based on their nature while small
business should focus on maximizing their profits.
Effective leadership and management is essential for both business entities.
In conclusion, startups and small business are quite different based on their nature and
numerous properties such as ownership and commencement, funding and scale of
operation, predetermined objectives, and competition and target market.
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Running head: SMALL BUSINESSES AND STARTUP COMPANIES
Small Businesses and Startup Companies
SMALL BUSINESSES AND STARTUP COMPANIES