business management is the process of setting the goals for a small business.
It involves many of the same concerns as those experienced by larger business
management, although it can be more complicated for an extremely small business
because in many cases small business management must be done by the business
owner. Unfortunately for these business owners, just because they had the
original idea and impetus to start their own small business, they may not
possess the skill set needed to properly practice small business management.
may not be an obstacle while the company is very small, such as just a handful
of employees. However, a small business owner’s lack of proper small business
management experience or inability to conduct strong small business management
may manifest itself as a problem if the company starts to grow, although the
problems may also develop if the small business encounters difficulties.
In the event of growth or difficulty, shortcomings
in small business management may require the small business manager to make use
of a business consultant who specializes in, or at least has experience with,
small business management objectives and obstacles. Small business management
often is more stressful than a management position in a larger company because
the failure or inadequacies of a manager in a small business are magnified by
the fact that there are fewer individuals who can provide a safety net for the