Small business is important for economic development of any country and it also helps to increase the employment. Small scale business enhances the growth of the nation by increasing the growth in both rural and urban areas. This kind of business increases the manufacturing industries and increases the infrastructures, reduce the problems like slums, poverty, pollutions and many other issues related to development. In this way small business helps the government of the country in many ways and it play a major role for economical development of any nation. Small business requires less amount of capital to start and it helps to increase the percentage of self employment and reduce unemployment. Goods making is the part of the economy of any industry. There are many aspects of small business are there that is studied in this paper. And it helps to develop the country and its economy.