Re:What's the difference between a startup and a small busin...
by malandrew on Friday November 18, 2011 @10:31PM
(#3254476)
Small businesses are typically based on an established business model. Restaurants, bars, retail outlets, etc., count as small businesses.
Startups in contrast are an organization in search of a business model. Once it finds one it doubles down on the product search with a viable business model and develops it to profitability.
Startups in contrast are an organization in search of a business model. Once it finds one it doubles down on the product search with a viable business model and develops it to profitability.