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Resource Template Identify 5 issues within each category associated with small business management. Research and determine where to go for assistance. Write a brief explanation of what information...

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Resource Template

Identify 5 issues within each category associated with small business management.

Research and determine where to go for assistance.

Write a brief explanation of what information can be found at the resource and how you might use it in your small business.

Operational Components

Issue

Resource

Explanation

Example: Patent office

United States Patent and Trademark Office

https://www.uspto.gov/

I have invented a new widget and need to make sure no one else can profit from idea.

Human Resource Practices

Issue

Resource

Explanation

Key Financial Issues

Issue

Resource

Explanation

Answered Same Day Jul 25, 2021

Solution

Neenisha answered on Jul 26 2021
138 Votes
Operational Components
    ISSUE
    RESOURCE
    EXPLAINATION
    Government Regulations
    Government Regulations of Business https:
www.epiqglobal.com/en-us/thinking/class-action-mass-tort/faq/government-regulation-business-faq
    Business need to comply with government norms and rules to function
    Lacks Standardized Process
    Introduction To Standardization In Business https:
thelabconsulting.com/standardization
    Methodology to implement standardization in businesses.
    Unused Capacity
    Capacity Utilization http:
www.leanmanufacture.net/operations/capacityutilization.aspx
    Measuring KPI of business to improve the capacity and used the unused capacity
    Uncertainty of Economy
    Economic Uncertainty https:
www.smallbizlabs.com/economic-uncertainty
    Measures to be taken by small business to protect themselves from economic downturn
    Cyber Security Risk
    US Small Business Administration https:
www.sba.gov
usiness-guide/manage-your-business/stay-safe-cybersecurity-threats
    In case of cyber threat, measures...
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