Seasonal Demand
This clip notes that one of the more challenging aspect of managing working capital is seasonal demand.
Equal Employment Opportunity Commission, The
This clip explains that the Equal Employment Opportunity Commission monitors and regulates employer/employee relations. Among the areas the EEOC oversees are job postings, descriptions and interviews, as well as job advancements, disciplinary action...
Environmental Protection Agency, The
This clip looks at the role of the Environmental Protection Agency in monitoring and enforcing regulations pertaining to the preservation and protection of the environment. The clip explains that the EPA also attempts to help small businesses deal w...
Entrepreneurship and Managing
This clip points out that the long-term success of a small business is dependent on a number of factors, including sound management.
Small Business Management Case Study: "Merry Maids"
This clip profiles a "Merry Maids" franchise in the home cleaning industry. The owner of the franchise does most of the staffing and controlling herself, although she relies on a Merry Maids software program for help with long-term planning.
Credit
This clip argues that, since a company's ability to collect its accounts receivable has a direct impact on its cash flow, it's important to establish clear guidelines for payment before extending credit to customers. The clip also looks at establish...
Staffing
This clip looks at staffing, which begins with the recruitment of qualified candidates for each position, and also includes orientation, training, and regular evaluation.
Orientation, Training and Evaluation
This clip looks at the management of human resources from the point at which a new employee is hired. It covers orientation and training, as well as the need for performance evaluation. Finally, the clip makes some recommendations about how best to ...
Organizing
This clip explores another management function: organizing. This is the process by which the entrepreneur decides what work needs to be done and who is going to do it. Organizing becomes especially important as the firm expands from a one-person ope...
Inventory Planning
This clip looks at ways to plan inventory levels so that there's not too much or too little inventory on hand at any given time. The ideal balance provides enough to satisfy customers, but not so much that there's an undo financial strain on the org...