Lifestyle businesses are small only because they are new and have ambitious plans to grow.

Question

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Small businesses such as a self-employed consultant, a corner florist, or a small e-commerce venture are sometimes called lifestyle businesses because they are built around the personal and financial needs of an individual or a family. In contrast, other firms are small simply because they are young, but they have ambitious plans to grow.

Lifestyle Businesses Are Small Only Because They Are New and Have