Strategic Management Archives

5 Common Financial Mistakes Small Business Owners Want to Avoid

by Staff Writer | Mar 4, 2026 | Management and Operations

According to the Small Business Administration, 50% of small businesses fail within five years and approximately one-third of them close up shop within the first two years. So, why don’t most small businesses reach the 5-year mark? Because many of them make obvious,...

How Your Decision Making Process Can Help (or Hurt) Your Business

by Meghan Bliss | Apr 1, 2022 | Management and Operations

How many decisions have you made so far today? Have you been keeping track? Even if you’d been noticing each decision made since you woke up this morning, there’s a good chance you would have lost track by now. Some decisions, such as whether to wear black socks or...

Dynamic Strategies to Turning a Business Around

by Meg Guiseppi | Jan 21, 2022 | Management and Operations

With the pandemic, these may be the worst of times for your small business. You may have been suffering before it hit, and now you’re really in trouble. Even in good times, ups and downs should be expected by any business owner. Sometimes the business owner is...

6 Steps to Promote Better Cybersecurity Awareness in Your Business

by Staff Writer | Jun 8, 2021 | Management and Operations

It doesn’t matter how impenetrable your security infrastructure is if you haven’t also taken steps to safeguard the human element. Hackers understand this. It’s why social engineering attacks remain the most common — and most frequently successful — vector...

How Your Choice of Business Structure Affects Long-Term Income and Liability

by Staff Writer | May 17, 2021 | Management and Operations

Aside from what business you actually plan to do, arguably the most important decision you have to make about your start-up isn’t your company name, logo design, or location, but its choice of business structure. This will affect major aspects of your venture...