Manage Your Business

Organize and Manage Your Small Business Resources and Activities

Here is a chart of basic small business management functions with some links to related wiki articles to help you get started.

General ManagementOperationsMarketing & SalesFinance & AccountingHuman Resources
EntrepreneurshipOperations Management & LogisticsMarket ResearchFinancial Forecasting & PlanningHR Policy & Planning
Strategic PlanningProduct Planning & DevelopmentMarketing PlanBanking & FinancingJob Descriptions, Duties & Qualifications
Enterprise Resource PlanningAsset ManagementBrand ImageBookkeepingRecruitment & Onboarding
Project ManagementPurchasingProduct, Price, Place, PromotionFinancial AccountingPerformance Management
Business PlanningInventory ManagementSalesMicroeconomicsTraining & Development
AdministrationMerchandisingCustomer & Public RelationsManagement AccountingContracts & Departures
Information ManagementComputers and SoftwareReferrals & RecommendationsTaxesLabour Practices

A Typical Function Chart

There is no single right way to organize a business, but there are certain basic functions that need to be completed. Your organization’s functional chart might look something like this regardless of what staff you have. As owner-operator you are directly responsible for all functional roles not filled by employees. Roles such as purchasing and payroll can be managed by either accounting or operations (purchasing) or human resources (payroll). If you have no employees you will not need the human resources function, except for “self-care”, including your continuing education. Many small businesses hire one capable administrator to handle many of these functions.