Steps to face competition in small business

But small business is an interesting phenomenon. You see, not only because large numbers (ie, most are entrepreneurs of this class), but there are other aspects that seem necessary to “corrected” that, in terms of competition. According to Prof. dr. Mubyarto (1991), there is estrangement between large industries with little industry. Estrangement caused by the products produced by small industries that actually produced in the form of large industries such as better quality, and often with lower prices.

Although there is some protection for the industry, but not the only guarantee of life from the small industrial sector. Another guarantee is more important is to improve the quality and efficiency of small industries. With adequate quality and efficiency, so the competition can be found in any form.

Indeed competition becomes more intense. Management of small industry, take the example of palm oil mill with traditional tools with more expensive production costs (labor, etc.), must face the palm oil industry is more modern with a cheaper price. This is where the need tips to get out of the atmosphere is less favorable.