Many small businesses are being forced to close because they are unable compete with multinational corporations? What problems does this cause and how can problems be solved?

Nowadays, small

business

has become a part of middle-class or poor families due to

this

kind of businesses they earn money and run their house. But the coming of big multinational in the market small businesses is being forced to shut down because

this

business

will not be able to compete with them. There are many problems with

this

kind of situation, let's discuss

this problems

Suggestion

this problem

these problems

and solution for

this

.

Firstly

,

This

day's

business

, whether it could be small or big it has become a part of many lives due to

this

they generate a source of income. Since in the 21st century due to the vast development in a country, it has become difficult for smaller businesses to compete with big multinational companies. Small

business

is a part of many poor life, whether it could be anything, like

business

related to the making of water-bottle, pencils, rubber or things which are the basic needs of a house-hold. But now these businesses are being forced to close.

Secondly

, due to coming of giant companies in the market it has caused lots of problems. Small businesses are facing lots of difficulties in selling of their products in the market due to

this

their income is not generated and there are

also

many other factors like demonising their businesses through political power and etc.

This

kind of problems could be solved in many ways,

for example

- 1) Big companies should tie up with small businesses as they can sell their products in our company and generate revenue in commission basis. 2) Big companies should promote by doing campaign for

this

small

business

, Like amazon is doing associate program

Lastly

, to conclude, Big companies should

also

give a chance to sell their products to them and they should always support them.