Small business versus big business. Advantages and disadvantages for university graduates

Entering the job market is both exciting and challenging. There are many options for college graduates with significant benefits. Many students believe that working for a company is more advantageous than being employed by an SME. However, both options have their pros and cons.

There is no universal definition of a small or a large business. It depends on the industry and orientation. But, generally, “small” refers to businesses with up to 250 employees. Before settling for one option, consider both. After all, this is a huge decision that will impact your life, so it’s best to find out as much as you can.

For example, when you buy a trial at EssayHub, you would be interested in services and reviews. You need to know you’re making the best choice, so you can even check EssayHub Review at No cramming or other reliable sources. This is only fair and the same attitude should go to employment options.

You need to know exactly what the advantages and disadvantages of SMEs and businesses are to make an informed choice.

You want to work in a company

So, are you interested in a big company? It is a valid choice for many graduates because it offers specific advantages. Of course, it might be a little harder to get into. But if you land a job at a big company, here’s what you’ll get.

Benefits

Clear structure

Businesses thrive on structure and policies. Your responsibilities will be very transparent, as well as the performance requirements. You will receive the necessary training for this position. Moreover, you will get many manuals and guides to help you in the beginning. It’s all about order and management.

Various benefits

Big companies have more money. Thus, they will provide more additional benefits to their employees. This means a higher salary but also insurance, medical or complementary. Some also offer gym memberships, recreation areas, daycare options, meals, or restaurant discounts. The options are almost endless, it depends on the company.

Career opportunities

Another great benefit is that there is often a clearer career path and more opportunities for growth and new positions. There is usually a transparent vertical for professionals and very distinct performance requirements for promotion.

job security

In most cases, companies are more stable, and by working there, you are less likely to lose a job quickly. They have more resources to stay on top even if the market changes or the economy changes. They are more likely to survive problems that would seriously impact a small business.

The inconvenients

But there are also several important downsides to remember before landing a job with a big company.

less creativity

What makes a company stable makes it less willing to make creative choices. You will probably have to work in a traditional setting and do everything as it has been done before. Businesses are risk averse and do not like to embrace change. Your activity will be strictly limited in scope.

High Competition

Although the career path is clear, it does not mean that it is easy to achieve. Competition is everywhere and all other employees want to be on top. It’s quite difficult to be the best all the time and to work in such a competitive environment for some people.

Less sense

It’s hard not to feel like just a number in a company. It’s much harder to see the impact of your work and it can feel meaningless and empty. And being able to see the importance of work is essential for employee satisfaction.

You prefer a small business

If a huge business isn’t your cup of tea, that’s okay. Here is what you will get by working for an SME.

Benefits

More creativity

Here, you will probably not be limited in your scope of work and your responsibilities. You will also be more creative and come up with new modes of operation. Small businesses are much more inclined to appreciate original thinking.

Many learning opportunities

SMEs must be flexible, which means that you will have the opportunity to wear several hats. Employees often have to get their hands dirty in many different areas, which leads to a wide range of skills. We will have the opportunity to try several things and learn a lot of specificities of the industry.

Community

One of the main advantages of being an SME is that you probably know everyone. Employees aren’t just numbers here; you can find friends and a real community. It helps to feel more appreciated and emotionally connected to your position. It also gives the feeling of being part of something big.

Mission

SMEs are less likely to focus solely on profit. They are usually driven by the mission to bring about positive change. It helps to feel the impact of one’s work and to have a meaning behind it. This is a great motivation to grow and perform better.

The inconvenients

It’s hard to move on

In SMEs, there is no clear structure. There are fewer positions and places where one can be promoted. Often, you have to wait for someone to resign to get a promotion. This means you can be stuck in the same position for a longer period of time.

Fewer wages and resources

The salary will be different from that of a company. There’s also less chance of getting benefits, like a gym membership or insurance. However, it depends on the company. And there will be fewer opportunities for training and seminars.

Less job security

SMEs are more likely to struggle with rapid market fluctuations. They don’t have as much money to support themselves as large corporations.

In summary

Of course, the choice depends on individual preferences. For many, small business employment is a great way to enter the industry, as they are more willing to hire graduates. It is also associated with more creativity and a sense of community. For others, working for a company has more advantages. Be realistic about your expectations and choose accordingly.


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