A good small business is
characterized by a combination of strategic planning, customer focus, and
operational efficiency. In today's competitive landscape, these attributes are
essential for sustained success and growth. Here's a detailed look at what makes
a good small business.
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1. Clear Vision and Mission
A good small business begins with
a clear vision and mission. The vision provides a long-term goal and a sense of
direction, while the mission defines the business's purpose and core values.
These foundational elements guide decision-making and help align the efforts of
all team members.