Small business ecosystems

A small business ecosystem is the network of interconnected entities that support a small business’s growth and success. This includes suppliers, customers, financial institutions, local government, service providers (like marketing or tech support), and even other small businesses. These parts work together, influencing each other’s well-being, creating a supportive environment where the small business can thrive. Just like a natural ecosystem, the health of one part affects the whole, making collaboration and community vital for sustained growth and resilience.