Introduction Business management is a practice that deals with the planning, organizing, and controlling of business activities. It includes the monitoring of performance and status. The objectives of business management are typical to maximize financial resources while satisfying legal, ethical, and societal requirements. A small business is a company that is at least 50 percent owned by the owner of that business. There are many advantages to having a small business, such as being able to keep your overhead low. However, managing a small business can be challenging because you…
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