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Business Operations

258 results found

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Get Everything in Writing
Frank Carol E
6/1/2000
Article Resource
Summary:

Passionate about her business and experienced in number-crunching, entrepreneur Carol Frank nonetheless neglected to patent her product and to insist on a signed contract from her supplier. Next thing she knew, a competitor was copying her design. In the litigation that followed, the U.S. Customs and Frank's insurance company turned out to be surprisingly helpful.

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A Cautionary Tale About Partnership
Fox Richard
7/22/2010
Article Resource
Summary:

This entrepreneur thought he had built in adequate legal protections to ensure his partner in a new venture would not get full control of the business. When the partner was ready to sell the company, however, the entrepreneur discovered he didn't have the leverage he needed to stop the company's sale.

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An Introduction to Lean Manufacturing
Fite Ronald
8/1/2007
Article Resource
Summary:

What does "Lean" mean? This article provides the basic background, terminology, and insight entrepreneurs need to understand how specific, proven processes lead to reduced costs, improved quality, and delighted customers. It also briefly considers the next logical extension of Lean Manufacturing (Lean Thinking), which allows service companies to benefit from the hard-won lessons of manufacturers.

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Complying with Government Regulations
FastTrac
11/11/2005
Article Resource
Summary:

All businesses, regardless of type, must comply with statutes and regulations, which come from all levels of government. These include regulations covering occupational safety and health as well as persons with disabilities.

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Evaluating Your Business's Legal Structure
FastTrac
11/11/2005
Article Resource
Summary:

The more you can use legal protections to safeguard your business, such as choosing the right legal structure at start-up, the easier it becomes to ensure nothing enters that could harm your business.

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Identifying Excellent Suppliers
FastTrac
1/18/2007
Article Resource
Summary:

Excellent suppliers keep their promises, providing supplies and services when you need them.

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Providing Adequate Production Facilities
FastTrac
1/18/2007
Article Resource
Summary:

Production planning involves evaluating your current production facilities to determine how effectively it fits with your overall growth plan.

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Communicating Your Workflow
FastTrac
2/21/2007
Article Resource
Summary:

Your workflow--processes, procedures, and policies--need to be communicated verbally and written. Written communication should include job descriptions, performance standards, performance reviews, and controls.

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Defining the Operational Goal
FastTrac
3/20/2007
Article Resource
Summary:

Whether you are looking at improving how you currently run your business or planning significant expansion, the operations of your business are critical to your success.

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Measuring Financial Performance
FastTrac
3/12/2007
Article Resource
Summary:

As the first indicator of profitability, a firm's gross margin will establish the goals that will drive the action plans of almost every department. The second indicator, Operating Expenses, should be assessed just as carefully.

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