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

9 Options for Small Town Entrepreneurs

Living in a town with a small population presents a unique challenge to entrepreneurs. A narrow local market means the margin for error is greater than in centers of higher population. But a small town presents a great opportunity to form strong bonds with customers. The trick is to find out what business is suitable for the town. 3 Options…
Read Full Article

How to Finance a Short Sale

A short sale is a real estate transaction for the purchase of a home before a bank forecloses on it. Short sales allow the owner of the home to sell the home below the market price and are subject to approval by the holder of the loan on the property. A short sale home often has the owners still living…
Read Full Article

Five Common Legal Issues Faced by Businesses

As an owner of a small business, the danger of crippling litigation should also be at the top of your priorities. Legal headaches, especially in America can take you by surprise and severely hurt your business’ bottom line. Here are some of the most common legal issues facing small businesses in America. Disgruntled Employees As a business owner, this will…
Read Full Article

Small Business Trends for Owners to Monitor

Small business owners should remain aware of the current business trends in the market, in order to stay ahead of the curve and be ready to address rapidly changing demand. If your business fails to monitor current small business trends, then your company will be tied to archaic methods while rivals prosper from more modern and efficient methods of conducting…
Read Full Article

Projected Growth Industries for the 21st Century

As investors, business owners or entrepreneurs, it’s important to understand the shifting sands of the top industries for growth in today’s economy. Some discrepancies are obvious. For example, print media would be classified as a dying industry, while smartphones and tablets are regarded as a surging one. Others are less apparent but far more important – such as the decline…
Read Full Article

5 Tips to Help You Meet Goals and Deadlines

Since high school (or earlier), many of us have struggled with meeting deadlines. Poor time management skills and procrastination often lead to last minute cram sessions which produce substandard work. At work, failing to meet deadlines is one of the cardinal sins that can easily get you fired. An employee who fails to be punctual and achieve deadlines is no…
Read Full Article

Effectively Developing and Engaging Employees

Developing and engaging.  The biggest underlying theme for engaging employees is not tracking their every move, or even their happiness, but to inspire them to do their job to the fullest extent and to do it well, and then enjoyment with their work will come.  Employees that are properly engaged tend to be more effective and productive. Transparency.  For many…
Read Full Article

Total Quality Management’s Impact on Different Business Processes

Total Quality Management (TQM) is a competitive approach to long-term success that’s derived from a dedication to customer satisfaction. Within this system, every employee in a company endeavors to enhance the products, services and internal culture to produce a streamlined set of business processes that deliver an improved customer experience. Also commonly known as Quality Management in the United States,…
Read Full Article