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11 Crucial Skills Every Small Business Owner Needs From Day One

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When you own a small business, you have to take on many of the day-to-day responsibilities yourself—at least in the beginning. Having some basic knowledge across all aspects of business operations can go a long way to making your business flourish, and ultimately turn you into a more well-rounded manager when you do eventually hire staff. This article highlights 11 essential skills you should hine as a business owner.

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The Effectuation Theory

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This article is part of the series titled: Entrepreneurship: Theory Vs Practice that seeks to make entrepreneurial theories useful for practicing entrepreneurs. This specific article looks at effectuation theory. The theory simply helps us to understand how businesses are created and grown.

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Bricolage Theory of Entrepreneurship

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This article is part of the series titled: Entrepreneurship: Theory Vs Practice that seeks to make entrepreneurial theories useful for practicing entrepreneurs. This specific article looks at how the of concept of entrepreneurship tend to be practiced by people little resources and/or those in resource bounded/economically depressed regions of the world.

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The Entrepreneurial Event Model

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This article is part of the series titled: Entrepreneurship: Theory Vs Practice that seeks to make entrepreneurial theories useful for practicing entrepreneurs. This specific article looks at the reason why people decide to become entrepreneurs.

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Needs: a predictor of success in entrepreneurship

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This article is part of the series titled: Entrepreneurship: Theory Vs Practice that seeks to make entrepreneurial theories useful for practicing entrepreneurs. This specific article draws on key theories to establish the fact that It is important to set up a business around the needs and not the wants of humans.

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The five things every first-time business owner needs to know before getting started

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Being an entrepreneur is a dream to which many people aspire, and a worthwhile financial goal. Still, many first-time business owners, and even experienced pros, can sabotage their best efforts through typical mistakes. When you’re ready to roll-up your sleeves and start your own business, keep your eyes open for these four issues. Though they might sound simple, these have been make-or-break issues for the fortunes of countless aspiring entrepreneurs.

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