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Introduction to small business management
Why operate a small business?
Sponsors of small business
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ability accounts receivable activity advertising agency amount analysis applied bank basic break-even budget building business owner buyer capital cash considered corporation costs credit sales current assets customers decision determine develop discount Dun & Bradstreet effective employees entrepreneur equipment established evaluation example expenses factors federal Figure firm fixed assets franchise franchisor function funds important income income statement individual industry inventory control inventory control systems investment involved liability loan management by objectives manufacturing ment merchandise method ness objective task objectives operating leverage organization particular partnership percent period person planning possible potential problem product or service profit prospective purchase ratio records retail risk sales volume seller selling Small Business Administration small business manager small business operator small businessperson sources subordinates success technique tion trade typical