Many self-titled small business owners may be surprised to find out they actually own and operate a micro business. While similar in many respects, there are also differences and important challenges.
As a micro business owner, Nance has faced many of the challenges specific to this classification of businesses.
She recently talked with Sally Lauckner from Just Business about the differences between a micro business and a small business.
Read the entire article to learn more about the differences, and how three of the biggest challenges facing micro business owners can be solved by:
- Seeking alternative financing
- Low-cost marketing
- Outsource tasks to digital tools
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Nance L. Schick, Esq., is a workplace attorney, ethno-religious mediator, and conflict resolution coach based in New York City. Her goal is to keep you out of court and build your conflict resolution skills so everyone has a better work experience. She helps managers and business owners have empowering conversations about emotionally-charged issues such as gender, race, religion, and disability. She is creator of the Third Ear Conflict Resolution process, author of DIY Conflict Resolution, and an award-winning entrepreneur acknowledged by Super Lawyers (ADR, 2018, 2019 & 2020), the New York Economic Development Corporation/B-Labs (Finalist, Best for NYC 2015 & 2016), U.S. Chamber of Commerce (2015 Blue Ribbon Small Business), Enterprising Women Magazine (Honorable Mention, 2014 Woman of the Year awards).