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When you are involved with a business it is important that you have a clear direction and that your business has a plan of attack. The business plan is a document that will outline a number of key areas that your business will need to consider to achieve success.

The business plan will identify your businesses [...]

Managers perform certain activities or duties as they effectively and efficiently coordinate the work of others. In the early part of the twentieth century, a French industrialist named Henri Fayol first proposed that all managers perform five functions: planning, organizing, commanding, coordinating, and controlling. In the mid-1950s, a management text book first used the functions [...]

Management is a job with a very wide spectrum of duties. But every manager should always stick to the principle of 4 basic management functions when achieving his goals. I will shortly describe which are this four functions basic functions of management. I belive this is something everybody should know. Also if you are not [...]