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How can a small business survive and prosper in markets with larger and stronger competitors?

Im looking at setting up a business so im looking for more oppinions/help on the issue for small business and potential small business people such as myself thanks for your time and if you have any links to any things which can help me on the issue is most welcome e.g. how to market the business, suppliers for small business etc

Public Comments

  1. first, have a product/solution/information that the public needs/wants. second, get it to the public in a very personalized way.
  2. i think the best is to have the best service you can provide your clients. by adding personal touch to any of your projects may help even if your price is higher. after sales service should be excellent. your products or services should be within level of yoour competitor.
  3. in a nutshell - you need a niche. something small enough the big boys wont get dirty doing it, but big enough for you to survive on.
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