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Small Business Articles

How to Start a Business – On Your Mark, Get Ready, Go!

On your mark, get ready, go! In the simplest of terms, that is how you start a business and then run like crazy to not only cross the finish line, but win the race. Starting your own business could be a life-long dream, a family endeavor, or even a short term experiment.  There are many resources such as SBA.gov to…
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Maintaining Solid Corporate Ethics in International Business

The spread of international business, in which larger multinational corporations outsource production to poorer nations in order to cut costs, has created controversial situations across the world, in which business ethics are skirted around and violated. While this system of co-dependent countries will always exist as long as there are inequalities between currencies, cost of living and labor wages, there…
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Should a Small Business Practice Total Quality Management?

Total Quality Management is the dedicated effort to providing a continuously-increasing level of quality in an effort to retain the attention (and repeat business) of your customers. Widely practiced throughout the world, large corporations are continuously examining their products and services through the practice of TQM to optimize their competitiveness, paying particular attention to their core customer base. So why can’t…
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Five Ways to Become a Multinational Company

Congratulations, your small business has grown out of its tiny office block and now has enough cash to go multinational! It’s time to expand into other countries and make your brand known worldwide. What are the basic options for a fledgling multinational corporation to spread its wings? If your company meets any of the following five criteria, then your company…
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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,…
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Business Lessons I Learned from Steve Jobs

One of the best techniques for success in business and in life is intelligent selection of role models. They can serve as sources of wisdom and inspiration, as bright lights illuminating the path to the person you want to become. In Steve Jobs I found much that was worthy of emulation, so I decided to put together a list of…
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Which Organizational Structure is Right for Your Business?

When setting up a new business, you should pay careful attention to designing your company’s organizational structure. This should be decided according to your company’s size, industry and aims. You should think of organizational structures as communication flowcharts. Poorly conceived organizational structures will result in sluggish, inefficient communication in which managers at various levels are required to deliver information to…
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Keeping an Eye on Your Competitors

It is said that “imitation is the sincerest form of flattery”, but in the world of business, imitation is inevitable, and hardly flattering. For example, Apple’s iPhone and iPad products have been imitated by a number of competitors, such as HTC and Samsung, which have incurred the legal wrath of Steve Jobs and company. Meanwhile, in the video game industry,…
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