Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
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cater to certain groups, localize services, specialize and personalize services. Often small businessmen try to run their operations the way large businesses are run. And you just can’t play somebody else’s game,” Rimler said.
“Instead the small businessman should ‘outcompete’ by tailoring his services and goods. Often he can hire better people, not by offering them more money, but by offering them experience in a growing concern, rapid involvement, and ownership potential. Also the small businessman can gain customers through his community involvement. These are the things that big business has trouble doing,” Rimler said.
Another pitfall for small business, according to Rimler, is the method of financing. When a business is financed solely on bank loans, the small businessman is often overwhelmed by his debts. And according to Rimler, the chance of failure is higher than it would be if other financial sources were tapped.
“Investments from other people are much more beneficial. For one thing, you don’t have to pay the bank so much every month. The other benefit is that jW get more people involved un the business,” Rimler noted.
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