Conclusion

No economy can be reliant on large organizations alone. Besides, todays small businesses are
tomorrows multi-national giants, so it essential they are given the help and support when it is
needed most.
The challenges faced by small businesses during their infancy stages are not to be
underestimated. Despite being small in numbers, they are expected to show the expertise in all
areas to not only generate sufficient demand, but also to conform to all applicable laws and
guidelines. It is no mean feat and one with which they deserve all available assistance.

Small businesses play an important role in any society. When they are first established, they
represent ways that business owners test their business ideas in a market. Those companies that
survive over time provide economic stability for owners and their families. Small businesses that
create jobs for workers in addition to the owner offer even more economic stability. Providing a
steady source of income to business owners and employees is just one reason they are important.