Why do small businesses matter more than big businesses?
Big businesses want to hire the best talent from the market. Startups and companies do not want to hire people with low skill, and train…
Big businesses want to hire the best talent from the market. Startups and companies do not want to hire people with low skill, and train them. It is a waste of time and skill.
The best of the talent such as marketers, engineers, public relation professionals, designers, data scientists move on after a brief stint, for higher salaries or better opportunities. At the same time, people with low skills have to opt for labour intensive jobs.
As per Courier, Dharma of a business should be to shape and training staff into key team members. It is the most rewarding thing about running a business.
Small businesses create long term employment for the economy and the region. For example in restaurants, even a low skilled person can rise through the ranks. Darshinis of Bengaluru hire the low skilled workers from the Indian villages, and train them as cooks and managers. Fashion businesses also rely on the low skilled workers, who become experts over a period of time.