Research Paper - Business Research Paper Business Research Paper Jerald Brooks ENG 122 English Composition Christine Hilger 1 Business Research

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Business Research Paper 1 Business Research Paper Jerald Brooks ENG 122: English Composition Christine Hilger 1/17/2009
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Business Research Paper 2 Having a small business can in fact have its advantages as for the Small Business Administration; “A small business will have the need to apply administrative techniques to make the small business better. A small business has different needs than a large business and therefore will need to have administrative techniques for a small business. Here is a list of the top seven small business administrative techniques. As the administrator of a small business you will be responsible for every aspect of administrating, either directly or indirectly. Keep some cash flow in the business. To do this the small business administrator needs to overestimate the expenses and underestimate the income for the business. Don't stifle the cash flow of the small business. Keep some extra cash for unexpected expenses. Make a budget and use the money set aside for each different need. Look at the budget regularly and revise it if necessary. A major administrative technique is to keep the inventory moving. When a small business has inventory, it may be tempting to stock up and be prepared. But the truth is, inventory that is kept beyond a quarter of business operation is money being wasted. When purchasing inventory purchase what will realistically be moved according to the small
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This note was uploaded on 08/01/2011 for the course ENG 122 taught by Professor Banks during the Spring '10 term at Ashford University.

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Research Paper - Business Research Paper Business Research Paper Jerald Brooks ENG 122 English Composition Christine Hilger 1 Business Research

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