Small Business Management

Small business management is the process of overseeing and running a small-scale business, encompassing all aspects from planning and operations to marketing and finance. It requires a diverse skill set and adaptability to succeed in a competitive market. Key Characteristics / Core Concepts Strategic Planning: Setting long-term goals and devising plans to achieve them. Financial … Read more

Entrepreneurship

Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. It’s about identifying opportunities, taking risks, and managing resources to create something new and valuable. Key Characteristics / Core Concepts Innovation: Entrepreneurs often create new products, services, or business models. Risk-taking: Starting a business involves significant … Read more