Titlebook: Small Business Management; Theory and Practice Tim Mazzarol,Sophie Reboud Textbook 2020Latest edition Springer Nature Singapore Pte Ltd. 20

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Operations Management,s the control that can be obtained over the firm’s cash flow, stock and other productive assets to achieve the maximum levels of operational efficiency and effectiveness. Each business is likely to be different in how it operates, and the key performance indicators (KPI) that it needs to monitor how

Pathogen

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Debt Versus Equity,y and growth within the business over its early years. How large this amount of capital is will depend on the nature of the business, its industry dynamics and the ambitions or goals set for it by the owner-manager. Many small firms are established with relatively small amounts of capital. They also

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Cash Flow, Profit and Working Capital, capital equipment, employees and marketing or advertising activities. The expansion?– even modest expansion?– of a small firm can place a strain on the firm’s resources and it is possible for a small business to overtrade and find itself in a financial crisis even though sales are increasing. This

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Franchising and Legal Issues for Small Business,ugh the more famous franchise systems such as KFC, McDonalds and Pizza Hut that came to Australia in the 1970s were established in the US there are now many such as Snap Printing, Jim’s Mowing and Eagle Boys Pizza are Australian owned. According to the Franchising Council of Australia (FCA, 2011), 9

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The Owner-Manager and the Troubled Company,rge corporations. Unlike their large business counterparts, the small business owner-manager is likely to experience not only loss of profits and shareholder value if things don’t go well, but may lose their entire livelihood, personal assets and reputation. Fortunately, the small business is capabl

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