Small Business Enterprises

by Paul J. Dejillas

The presence of small business enterprises (SBEs) in the market can be a strong guarantee to ensure healthy competition among firms. Their entry is generally expected to generate more income, more employment, greater stability, higher degree of social security, and greater equality in the distribution of income among the people. Indeed, the more business enterprises operate in the market, the more the  economy becomes alive, vibrant, and dynamic. But this condition implies that the entry, existence, and growth of SBEs are protected and encouraged. Where market conditions are restrictive, SBEs are not expected to thrive for long, much less flourish. When this happens, market competition will be in the long run adversely affected. [R ead more] ...