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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
Discover the importance of planning and documenting processes--what we do, procedures--how we do it, and policies--why or when we do it.
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.
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.
Performance standards will be of little value if the entrepreneur never measures actual performance against the standards. Ongoing measurement assures that a business stays on track.
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.
Excellent suppliers keep their promises, providing supplies and services when you need them.
Production planning involves evaluating your current production facilities to determine how effectively it fits with your overall growth plan.
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.
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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