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Advantages and disadvantages of operating small business

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Reference no: EM132973201

Please answer this question in as much detail and explanation as possible.

1.What are the advantages and disadvantages of operating a small business?

2.Considering the five business management principles, what are the similarities and differences between running a small business vs running a big corporation?

Please use examples to support your rationale.

Reference no: EM132973201

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