Why Small Businesses Will Become More Dominant
The BENEFITS attributed to ECONOMIES OF SIZE are fast DISAPPEARING due to modern technology. This is a TREND that is constantly ACCELERATING
The spectacular INEFFICIENCIES characteristic of LARGE businesses are becoming ever greater LIABILITIES. Small businesses LACK the structural IMPEDIMENTS that CAUSE such inefficiencies
Rapidly DIMINISHING economies of size coupled with INCREASING opportunities for EFFICIENCY and PRODUCTIVITY improvements in SMALL businesses, are LEVELLING the COMPETITIVE playing field viz-a-viz LARGE businesses
