Return on investment for businesses in smaller markets exceeds that in larger markets on average.

Name: Return on investment for businesses in smaller markets exceeds that in larger markets on average.
Brand: Quizplus
Rating: 4.7 (30 reviews)

Question

Quizplus · Accepted Answer

This statement is true according to a study by Yelp and the Small Business Economic Impact Study. The study found that small businesses in smaller markets tend to have lower overhead costs and a more loyal customer base, leading to higher returns on investment compared to businesses in larger markets.

Return on Investment for Businesses in Smaller Markets Exceeds That