Please Respond To Each Prompt In At Least 100 Words ✓ Solved

Please Respond To Each Prompt In At Least 100 Words These Are Thought

Prompt 1: According to the SBA, there are about 30 million small businesses in the U.S. Small businesses are essential to the economy because of the jobs it creates in societies workforce. Small businesses are also essential to communities because they supply needs to the people in the community, they also often give back to the communities they are established in. Small businesses often supply goods and services you can not receive from major corporations. Although you may be able to get a birthday cake from your local supermarket but the supermarket may not have that delicious strawberry cheesecake one may desire from a bakery. Most bakeries also have different forms, styles, and textures of bake goods that the supermarket do not have. Convenience plays a big role in small business as well. If I had the option to travel 1-2 miles to get a can of paint and a paint brush from my local hardware store rather than traveling 10 miles to Home Depot, I would choose my local hardware store. Times are changing and so are businesses demographically. Now a days you can go to a supermarket and find several small businesses in the supermarkets. Supermarkets today now house small businesses such as Salad works, credit unions, Chickie's and Pete's, wine gardens, and flower shops. So they getting smarter at bringing the convivence of all in one shopping to the communities. I often visit a supermarket that has an all you can eat buffet on the second floor. Hmmm I may create a business proposal to put a daycare in one so parents can shop kid free. :)

Sample Paper For Above instruction

Small businesses play a vital role in the U.S. economy, with approximately 30 million such enterprises contributing significantly to employment and community development. They are essential because they provide personalized goods and services that large corporations often cannot offer. For example, local bakeries may produce unique baked goods like specialized strawberry cheesecakes, which supermarkets might not carry, highlighting the diversity and uniqueness that small businesses bring to consumers. Convenience also remains a prime factor—local hardware stores, for instance, offer essential supplies much closer than large-scale retailers like Home Depot, saving consumers time and travel costs. Additionally, the modern retail environment is evolving as supermarkets incorporate small business vendors such as salad bars, credit unions, and flower shops, creating a one-stop shopping experience that enhances customer convenience. There is also potential for innovative business ideas, such as establishing childcare facilities within shopping centers, to address parents' needs and improve their shopping experience. Overall, small businesses are integral to community vitality and economic resilience, fostering local entrepreneurship and cultural diversity.

References

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