Small Business Glossary - Browse terms by letter

# | a | b | c | d | e | f | g | h | i | j | k | l | m | n | o | p | q | r | s | t | u | v | w | x | y | z

Small Business Articles

Managing Small Business Growth

Small business owners generally love the word “growth” since when used in relation to a business, it usually means success. A growing business is a thriving business, or so most people believe. Unfortunately, many small business owners discover the hard way that business growth may result in problems if your business isn’t equipped to handle that growth – and can…
Read Full Article

Why is Corporate Governance Important?

Corporate governance is the way a corporation polices itself. In short, it is a method of governing the company like a sovereign state, instating its own customs, policies and laws to its employees from the highest to the lowest levels. Corporate governance is intended to increase the accountability of your company and to avoid massive disasters before they occur. Failed…
Read Full Article

How Small Business Culture Can Create Success

What do you think of when you think about small business culture?  It can mean many things depending on who you talk to. It can be a “brand,” motto, values, uniforms, or behaviors. It could also be service level, return/exchange policy, or customer appreciation gestures. Do you think of Main Street USA, with all the “Mom n’ Pop” shops on…
Read Full Article

Preparation Needed for Selling a Business

So you’ve decided it’s time to sell your business. You may want to retire, or you simply want to unload the company before the market turns against you. How do you go about finding someone to actually buy your business? Determine Your Business’ Valuation Before you can sell anything, you have to determine its market price. If your business is…
Read Full Article

How to Select and Register a Domain Name

There isn’t a business in existence these days that doesn’t need a website and a registered domain name in order to survive.  Registering a domain isn’t just a technical process.  Your domain name is a business and branding investment. Doing it incorrectly could prove to be a costly mistake. Domain Name Selection You should select your domain name from a branding…
Read Full Article

The Importance of Quality Over Quantity

Quality over quantity – it’s a simple concept taught to us throughout our formative years – but it’s one that fits like a square peg in a round hole in today’s corporate environment. The reason that it’s so hard to emphasize quality over quantity is simple – businesses are established to make money as quickly as possible and at the…
Read Full Article

Developing Organizational Systems for Better Efficiency

Have you ever felt like your business will stop the day you don’t show up?  This happens to almost all entrepreneurs at first.  Sometimes it’s because entrepreneurs begin by filling every function their business has to offer, from answering the phones to actually making the product.  The business actually winds up getting limited by the number of hours the entrepreneur…
Read Full Article

The Life and Times of the Legendary Steve Jobs

Apple CEO Steve Jobs has resigned, handing the reins of the company he co-founded over to his long-time right hand man, Tim Cook. At his retirement, Apple had eclipsed oil giant Exxon Mobil as the world’s largest corporation, with a $350 billion market capitalization and nearly $80 billion in cash. Steve Jobs’ storied life and career is legendary, and truly…
Read Full Article