Inadequate Size of the Enterprise

An enterprise of inadequate size lacks the necessary market niche to ensure its survival and prosperity. Inadequate size of an enterprise is a very common exhausting ailment in business. In most cases, it is treatable. However, the treatment cannot be described as easy or pleasant. The symptoms are easily recognizable. An enterprise of inadequate size always has one hypertrophied sphere of activity or function (or several) that disproportionately invests too much effort. This area of activity is usually large, demands excessive effort and costs, and effective operation of the enterprise under such conditions is impossible. The most sensible strategy to solve this problem is to change the nature of the enterprise. An enterprise of inadequate size lacks the necessary market niche to ensure its survival and prosperity. ADVICE OF THE DAY: Analyze the activities of your enterprise. Is it too small to compete with others in the industry? If so, find the right market niche in which it can showcase its competitive advantages.