Ahmed, J. (2021). Business management and leadership strategies. Notion Press.
This work is a multidimensional review of currently available effective business management models of different scales. As part of the study, this book can be part of the theoretical framework because it provides basic information about the principles of building any business and the most appropriate management concepts in different environments. The authors pay much attention to describing the peculiarities of building a small business in the post-COVID reality.
Alyoubi, B., Chiheb-Eddine Ben Ncir, Alharbi, I., & Anis Jarboui. (2022). Machine learning and data analytics for solving business problems. Springer Nature.
In this article, the authors consider ways of solving the problem of small business management by incorporating computer technology into the organizational process. There is a detailed description of the advantages of IT technologies in solving various problems and in the field of analytics, planning, and organization of quality customer service. The content of this work allows the investigator to conclude that the involvement of IT specialists can not be neglected, even in a business with a relatively small turnover.
Bayley, C., & Braun, N. (2020). Small business tax saving tactics 2020/21. Taxcafe UK.
The authors of this book analyze existing ways to interact with current tax policies within the framework of small business management. The introductory section describes the current entrepreneurial situation in which small businesses face many obstacles. Managers with insufficient experience in dealing with tax services and documentation need to increase their literacy. This book’s main theoretical value is that it explains how small businesses adapt to modern tax policies.
Hatten, T. S. (2020). Small business management: Creating a sustainable competitive advantage. Sage Publications.
The paper analyzes ways to create a competitive advantage for managers of small firms and businesses. Researchers formulate the most typical problems in building marketing strategies and increasing product uniqueness. Further, on examples of concrete companies, a list of recommendations that allow entrepreneurs to formulate competent and effective competitive strategies is formulated.
Geada, N., & Anunciação, P. (2021). Reviving businesses with new organizational change management strategies. IGI Global.
The paper focuses on organizational change and the strategies that make it possible to implement it most effectively. The authors consider scenarios of different types of enterprises, including small businesses that face the need to restructure. Based on these data, the researchers can formulate strategies that management can use to get out of a crisis situation or to increase the scale of production.
Grantham, A. (2022). Sustainable business strategy: Analysis, choice, and implementation. De Gruyter.
This book examines the general issues of building a business strategy by analyzing its effectiveness and applicability to different conditions. The uniqueness and theoretical significance of this work lie in the author analyzing many real examples of companies with an indication of their mistakes and ways of solving problem situations. Based on the information presented in this paper, you can conclude what strategies are the most advantageous for businesses that are not large-scale.
Mazzarol, T., & Reboud, S. (2020). Small business management: Theory and practice. Springer.
This work is a comprehensive study devoted to the most pressing problems of development and organization of small-scale enterprises. The author touches on practical and theoretical aspects associated with entrepreneurship on a small scale. Based on the information obtained in the book, you can conclude what stages of development each firm passes and what theoretical knowledge and practical skills need to be possessed to build the most profitable strategy.
Ratten, V. (2021). COVID-19 and entrepreneurship. Routledge.
This paper focuses on company management under the constraints of the pandemic. The author examines the changes in business due to the emergence of self-isolation in people’s lives. This work emphasizes those transformations that will remain in business for a long time and are no longer tied to the pandemic. The book presents strategies that can be used to account for the global changes in various industries caused by pandemic conditions.
Sloman, J., & Jones, E. (2020). Essential economics for business. Pearson.
This book is a basic theoretical and practical guide for entrepreneurs who organize an effective business of any size. The authors present and analyze the most fundamental economic processes that influence the choice of a particular management strategy. Moreover, critical financial subtleties of organizing an enterprise with few employees are discussed. Furthermore, the article deals with the main aspects of implementing the business planning process, which is implemented in enterprises of different levels during changing economic and political conditions, and the impact of destabilizing factors.
The relevance of the study of this topic lies in the constant change of the management process in the territory of business entities at each stage of development. Currently, all processes in production and strategic directions are specified in business plans, which must be adapted to the position of the enterprise, taking into account its competitive advantages. The study identifies the main factors that need to change in business planning.
Scarborough, N. M., & Cornwall, J. R. (2019). Essentials of entrepreneurship and small business management (9th ed.). Pearson Education.
This handbook includes tips for aspiring entrepreneurs in a small business. The most significant emphasis is on developing forecasting skills and adapting to the current changes in two particular industries. The author allows us to answer the question of what strategies should be built to maintain uniqueness and not be absorbed by large monopolistic companies.
Moreover, the author states that to make a business plan, it is necessary to work out your business idea. This article discusses the problems of creating a business idea, including market research, formulation of goals, and selection and evaluation. The conclusion is that the key point of the preparatory stage of business planning is forming a promising business idea.