IJSRP, Volume 4, Issue 1, January 2014 Edition [ISSN 2250-3153]
Business has to fight for every dollar when times get tight and the economy slows to a halt. On top of all of this, they also have to make sure all their figures are right, comply with all the laws, and follow guidelines to properly maintain a legal business. Doing all of these tasks can be difficult but are manageable if a small business takes the right paths, makes the right decisions, and works hard enough. Small businesses have many barriers but with many hurdles overcome these business can succeed. Although business competition is exceedingly harmful to businesses themselves, we should all be glad that we as consumers can reap the benefits.Monitoring, understanding and adapting to the political environment is absolutely essential for any business, because it significantly affects every business.