A traffic light in Jakarta, Indonesia has a 300-seconds timer. If you are unlucky you have to wait for 5 minutes there. A traffic light in Sofia, Bulgaria at an intersection between a main road and a small one used to be constantly red for the cars coming from the small one. The only way to get a green light was to get out of the car and press button for pedestrians. The traffic light was repairer 5 months later.
In small businesses, working capital helps managers meet their monthly obligations. With working capital, managers can pay payroll expenses and utilities.
A cottage industry typically involves individuals working from their homes, producing goods on a small scale. In contrast, a small-scale industry involves a small business entity that operates on a slightly larger scale than a cottage industry, often employing a small number of people and having a formal workspace.
People in old times, started working at home such as weaving etc. and found the opportunity to sell their goods in market. This had given birth to small scale businesses. A small scale business is an enterprise with limited resources and labor.
Lack of stable light, lack of support from the government
It is technology on the nano (10^-9) scale. Working with structures that are 1 billionith of a meter small.
advantages of small scale production
limitations of small scale industries
small scale
3 come to minddifficulty in raising financeinability to strike the keenest deals with suppliersstruggle to attract the best possible candidates to fill vacancies.Another way to look at it might be that the economies of scale are working against the small business.
The industries which are organizedOn a small scale and produce goods with the help of small Machines hired labour and power as small scale industries
Small-scale whiting was created in 1861.