It is common knowledge that most people go to school to earn highest possible degrees, master’s degrees, and possibly PhDs in business related courses, not to start their own businesses, but rather to be employed.
For this matter, those who happen to be business people or entrepreneurs are those who basically never went to school but rather who discovered that doing business was the only means of survival.
Despite the good start that they might get involved in, they face challenges of technical understanding of doing business, especially with well-established businesses that are run with intellectuals with master’s and PhDs in businesses.
Because of this, small businesses automatically become victims of the competitive edge that would eventually make them fall out of the business arena. There practices lack technical approaches.