Management of Working Capital Case Study: "George's Trains"
This clip explores the management of working capital at "George's Trains," a small business whose market demand runs in cycles.
Ethics and Business
This clip argues that there's really no difference between business ethics and ethics in general. "The question is," the clip asks, "...how are you going to apply that sense of values and ethics when you're engaged in business?"
Support Systems
This clip focuses on the importance of having a strong support system of family and friends during the stressful early years of a new business.
Giving Back to the Community
This clip explores some of the ways in which a small business can give back to the community, including demonstrating an awareness of environmental concerns and contributing to charities.
Franchising Case Study: "Sir Speedy"
This clip describes the experience of a couple who elected to purchase a Sir Speedy printing franchise.
Focus Groups and Questionnaires
This clip explains that, while much valuable information can be collected through personal observation, it is often necessary to get more comprehensive data regarding customer needs and attitudes. This can be done through the use of focus groups and...
Franchising Opportunities
This clip explains that, by its very nature, franchising is a way of taking a successful business and packaging it in a system that can be duplicated. Franchises are popular with many entrepreneurs because they offer the chance to own and manage a b...
Laws and Regulations
This clip explains that, in recent years, laws and regulations have played an increasing role in the business world. In addition to licenses and permits, the clip notes, there are many other government laws and regulations that apply to specific typ...
Types of Risk
This clip introduces the concept of business risk and risk management. It notes that business risks can generally be classified into four categories: property, market, employee, and customer.
United States Small Business Administration, The
This clip explains that the United States Small Business Administration (SBA) is a source of information about the sometimes confusing welter of laws and regulations that apply to business. The SBA can also help entrepreneurs understand the intricac...