Suzie's Small-Scale Business Venture: A Lifestyle Firm

Suzie's Small-Scale Business Venture

Suzie is not big on innovation. She opened up a bed and breakfast in the area that she grew up in. She does not have plans for expanding quickly. The type of business Suzie owns can best be described as a small-scale or lifestyle firm.

A small-scale firm typically refers to a business that operates on a smaller scale, often with a limited number of employees and a local customer base. It is characterized by its owner's preference for maintaining a manageable size and avoiding rapid growth or expansion.

In Suzie's case, her bed and breakfast business in her hometown reflects her inclination towards a slower-paced and more personally fulfilling venture, rather than pursuing rapid innovation or aggressive expansion. The focus is on providing a unique and personalized experience to a niche market, emphasizing quality over quantity. Suzie's business aligns with her lifestyle choices and allows her to have more control and connection with her community, customers, and the overall operations of her establishment.