Managing a Small Business – What Does It Take?

Many people often wonder what is so hard about running a small company. Well actually, running a small company is not unlike managing a large business enterprise. However, because a small company is usually started by the owners, who have everything on the line, it can cause a lot more stress, long working hours and a good deal of the local business proprietor's own finances. Distinction between management and ownership There is a distinction between the ownership of an organization and the management of its operations.