From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

It may not seem like a proud moment at first, but it happens to many small-business owners: The day two managers "step on each other's toes" and come to you to settle their turf battle. Finding ...

Nowadays, to have the edge over competitors, modern manufacturing automation systems have to be employed. They consist of Information Technology (IT) and control systems at business and process levels ...

The aim of any for-profit firm is to convert inputs into goods and services that customers will value and purchase. Executing the firm's tasks employs resources and establishes work processes; the key ...