Small business success depends not only on a great idea but also on a great strategy for making that idea profitable. What prompted you to launch your small business? If you’re like most entrepreneurs ...

Editor’s note: This is the first article in a six-part series. The second part, which covers firm strategy, is also in this issue. “Change always comes to us from the outside in, forcing us to react, ...

A lean business model is an approach to business development that focuses on creating value for the customer while minimizing waste within the organization. This model derives its core principles from ...

Now that Tulsa has fine-tuned and tested its own entrepreneurial competition with the Entrepreneurial Spirit Award, the aim now is to help communities worldwide develop their own successful ...

Entrepreneurs of all ages juggle competing commitments and limited resources while developing business skills. This balancing act can feel overwhelming, but artificial intelligence tools like ChatGPT ...

How Does the Franchising Business Model Work? Learn the benefits of buying into a franchisor’s brand recognition, established customer base, and full-fledged operational system. Franchising is a ...