Evaluate the management of systems (e.g. people, technology, training, regulatory, compliance, finance) imperative to the success of small business. Setting up a small business is generally not a challenge, but running them successfully is very difficult because efficient management systems need to be maintained. There are increasing numbers of small enterprises every year and 90% of these newly formed businesses do not run into the second year as they collapse mainly due to poor management (McMahon…
Words 1410 - Pages 6