Internally, companies use statistics to evaluate employee performance and to make financial decisions. Statistics gathered through external research are used to enhance products and services and to build effective promotional campaigns, according to Audra Bianca for the...
There's an old saying in business: If you can measure it, you can manage it. What's measurable is almost always presented in the form of statistics.
A small business is a for-profit, independently owned and operated business entity that does not dominate its field. The size of the business factors in, but is based on industry and income generated over a specific period of time.
Entrepeneurs looking to start a small business may find success in several industries projected to grow rapidly as of 2015, such as food e-commerce, gamification software for businesses, agricultural software and public sector technology. Starting a small business carri...
The first step to running a successful small business is to make sure you are passionate about your business idea. Next, select a good business location, keep track of your finances, and choose your employees wisely. Offer products and services that have a high profit m...
An entrepreneur can start a small business by preparing a business plan, choosing and registering a business name, getting a tax identification number and applying for a business license or permit. An entrepreneur must open a business account and create an accounting sy...
Close a small business by getting expert advice, filing dissolution documents, and canceling registrations, permits, licenses and business names. Also, comply with employment and labor laws when closing the business and resolve any financial obligations.