Businesses, especially small enterprise, are important segments of our society. A small business maybe a manufacturing business, service, whiolesaling, retailing or general constructions firms.

Small business are characterized by the being independent management, small capital requirements and mostly local operation. Small business play an important role in the development of our economy. They provide economic opportunity for entrepreneurs, provide products and services of other businesses, pay taxes to the government, and provide employment.

Small business has its own unique advantages and disadvantages compared with other types of business.