Pros
Lack of personnel resources forces you to perform multiple roles outside your main responsibilities and gain experience to many different tools faster than any traditional company. Although this won't advance your career very far at Comm/net itself, it makes it attractive for future employers.
Kontras
Horrible communication throughout the entire company. All communication is done through email, long meandering conference calls, or last minute meetings that don't have clear goals and lead to more confusion. Critical decisions are made last minute and not communicated clearly. Company communicates like it's 1995. Extreme lack of vision with senior management creates a ton of wasted effort on project initiatives that are rushed and never completed. Half working prototypes are sold to customers with known critical bugs and issues. Sales, Engineering, and Manufacturing are often pitted against each other which turns into blame games. President prides himself on reactionary business practices that don't allow for concrete plans for growth. Any shift in the wind becomes a the new number one priority. Makes it difficult for employees to properly gauge what is actually the most important objective for the day, week, or quarter. He also micromanages every aspect of the business often creating more stress and confusion.