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Small businesses have their own unique growth patterns. Each of the five stages of the small business life cycle has its own strengths, challenges, inconvenient truths, ways forward, and catalytic moments.
Small businesses have much different growth patterns than large corporations. Small business owners who look to large corporations for insight and guidance on how to grow their own businesses often feel overwhelmed and demotivated. "The Small Business Life Cycle" lays out the five stages of small business growth and explains how you can navigate each stage in your business. To be successful, you have to take the right steps at the right time. Each stage has different challenges, strengths, inconvenient truths, and ways forward. This guide shows you where to focus your resources in each stage so you can grow your business efficiently. Whether you're thinking about starting a small business or you've been in business for a while, "The Small Business Life Cycle" will give you a better gauge to evaluate where you are and what you need to do next. If you're growing fast and want to keep growing, this book will show you how to do it strategically. And if you're stuck and don't know what to do, you can determine what stage your business is in now and figure out what you need to do next to get unstuck. This guide will specifically help you work through: Questions to ask before you start your own small business How to get a foothold in the market and why you should be marketing fewer things to fewer audiences Why some "successful" products and services will cause you to get stuck and lose momentum What four things must be in place to grow your business How not to break a successful, scalable small business once you've got it there This no-fluff guide will lay out the foundation upon which you can grow your small business. The only question left to answer is: what's your next action?
This book explores the different stages in the life cycle of the small firm, and ways to solve entrepreneurial dilemmas that the entrepreneur faces during and in-between these different stages of development.
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.
Small Firm Growth comprehensively reviews the empirical literature on small firm growth to highlight and integrate what is known about this phenomenon and take stock of what past experiences of researching this area implies for how the phenomenon can or should be studied in future research.
Project management can help companies become more efficient and profitable. But classic project management models often prove too cumbersome for smaller businesses with limited staff resources, tight budgets, and next to no time to devote to learning complex methodologies. These smaller enterprises need the core principles and techniques of project management in a streamlined package. Project Management for Small Business offers simple, repeatable practices for planning, executing, and controlling projects in smaller environments in which one team member may wear multiple hats. Readers will learn how to: ò Define project requirements and scope ò Create a project schedule based on resource availability ò Estimate, budget, and control project costs ò Identify and minimize project risks ò Manage workflow ò Communicate effectively ò Control project change ò And more. Grounded in real-world experience, this practical guide skips the complicated theory and goes straight to the heart of what it really takes to make a project a success.
Thoroughly updated with new video feature and expanded range of global case studies, the new edition of this bestselling text synthesizes theoretical depth and practical skills-building, developing critical understanding and good management practice. A holistic approach to the issues facing small businesses from start-up to growth and maturity.
The SAGE Handbook of Small Business and Entrepreneurship offers state-of-the-art chapters on all aspects of this rapidly-evolving discipline. Original contributions from the best international scholars map the development of Entrepreneurship as an academic field, explore its key current debates and research methods, and also consider its future directions. Part One: The People and the Entrepreneurial Processes Part Two: Entrepreneurship and Small Business Management and Organization Part Three: Entrepreneurial Milieu Part Four: Researching Small Business Entrepreneurship This handbook will be the leading reference book for Entrepreneurship academics and researchers, as well as those from other associated disciplines including business and management, psychology, marketing, sociology and anthropology.
This survey reviews research on the economics of small business, introducing key concepts for the understanding of the research, including some basic microeconomics, distribution functions, and concepts of entrepreneurship. Accessible to readers with elementary knowledge of economics and probability, the book is suitable as a text for an undergraduate course in the economics of small business. It also covers the economics of organization, the role of the family in small business, human capital and nonpecuniary motivation, together with the relationship of small business to entrepreneurship and growth. Public policy toward small business is discussed with an emphasis on the United States, together with comparisons and contrasts of many other countries.
Avoid legal pitfalls for your business from day one A common characteristic of entrepreneurs is the attitude: “I’m not going to do that until I absolutely have to.” And it’s understandable why: with limited time and resources it seems logical to focus on tasks like product development, production, marketing, and delivery—the ones that get your product or service out into the marketplace. The last thing you want to do is spend money and effort on legal issues, which is why they often drop to the bottom of the pile. But this can be a costly mistake—and Go Legal Yourself is here to make sure it’s one you avoid. Attorney, inventor, and businesswoman—named Top Woman Entrepreneur by LA Dreams Magazine in 2017—Kelly Bagla knows about doing business from both the entrepreneurial and legal sides of the fence. And in Go Legal Yourself, she guides you through the four key legal lifecycle phases every business experiences—and sets you up for worry-free success from day one. Establish yourself as the correct legal entity Gather and complete the relevant documentation Protect your brand Identify and avoid common (and expensive) pitfalls Plan and manage growth, enter new markets, and keep a sharp competitive edge Wherever you are with your business, this book is your guarantee you have all your legal ducks in a row—and that no nasty legal surprises stand between you and your target: success.