The paper "Advantages and Disadvantages of a Small Business - Pembroke Tourist and Leisure Park" is a perfect example of a business assignment. Small Businesses continue to play an important role in the improvement of the lives and livelihoods of many families in different countries across the world. An example of such a small business is Pembroke Tourist and Leisure Park in Armidable, New South Wales, Australia. Pembroke Tourist and Leisure Park is located near the national parks of New England and offers different tourism services. The scope of this report is therefore designed in such a way that it attempts to provide a working definition of a small business and some of the characteristics of a small business as well some of the examples of a small business.
The report also explores various ways through which a small business can contribute to the economic development of a country such as Australia. Moreover, the report also examines the advantages and disadvantages that are associated with a small business. The survey commenced with the review of the available data on small business.
The literature reviews provided an insight into the nature and characteristics of small business as well as the role they play in a country’ s economic development. Key Word: Small Business Introduction Small Businesses continue to play an important role in the improvement of the lives and livelihoods of many families in different countries across the world. An example of such a small business is Pembroke Tourist and Leisure Park, located on 14 acres of landscape, a few kilometers from the Parks of New England. The business has been in operation for over thirty years.
The park provides different accommodation services to suit every traveler. It consists of a swimming pool, recreation room, camp kitchen, playgrounds, as well as a covered BBQ area. With a workforce of 13 employees, Pembroke Tourist and Leisure Park have remained under the watch of Mr. Cris, who serves as the owner and director of the business. The business is one of the successful small business that has continued to do well in the country over the years.
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