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Large companies have a natural advantage over small firms when it comes to preparing
a strategic plan.
Effective leaders make sure that workers have both the tangible and the intangible
resources they need to do their jobs well.
For some retailers, locating near competitors makes sense because similar businesses
located near one another can increase traffic flow to all.
When a small business owner does not want to make a pricing decision, he can use a
suggested retail pricing strategy.
The partnership, like the proprietorship, avoids the disadvantage of double taxation.
Bootstrap financing describes using internal, and often creative, methods of financing a
company's need for capital.
