Key Advantages of Small and Medium-sized Enterprises

In a word: SMEs have obvious advantages and opportunities, but competition and risk go hand in hand. Compared with large enterprises, the advantages of SMEs lie in quick business decision-making, relatively low cost and comprehensive risk, as well as sharp response to the market, flexible behavior, and faster reaction speed. Moreover, there are more private family operators in SMEs, and the internal order is monolithic and strong in execution, which can quickly coordinate all the resources within the enterprise to maximize its efficiency and effectiveness.