What is a small business?

Definition of Quality Vocabulary: Small Business.

small busniess
small business

A small business is defined as a private company, partnership, or sole proprietorship with fewer employees and less annual revenue than a full-scale business or business. The definition of "small" - in terms of the ability to apply for government aid and enjoy tax incentives - varies by country and industry. The U.S. Small Business Administration defines a small business based on a set of criteria based on a specific industry. While small companies can often implement the same quality management systems as larger companies, they may face different challenges. For example, smaller companies tend to have fewer human resources and less up-front capital to invest in quality initiatives. However, in smaller companies, the commitment and accessibility of top management may be stronger, and internal communication may be more direct.

The values ​​perceived by small business employees tend to be a common factor in employee behavior and can be a significant factor in good long-term performance. When top management can articulate values ​​and ideas to guide employee efforts, they can make a significant contribution to the development of a small business culture. Ideas that describe parts of a culture are often referred to as organizational values ​​and are expressed through concepts such as values, mission, vision, policies, and goals. Typically, these concepts are developed by management and adopted by employees. Examples of hierarchies and relationships between these small business organizational values ​​are shown in Figure 1.

Small Business Resources

You can also browse articles, case studies, and publications for small business resources. books ISO 9001:2015 Handbook for Small and Medium Enterprises Failure Modes and Effects Analysis (FMEA) for Small Business Owners and Non-Engineers article Small Company, Big Achievement (Quality Progress) Employee empowerment, solid leadership and use of quality tools have earned PRO-TEC the Malcolm Baldrige National Quality Award and helped them achieve their goal of becoming an industry leader. Quality from the Ground Up: The Small Business Model (Quality Progress) Many small businesses may find limited resources and conflicting priorities that make the pursuit of organizational excellence difficult. Small business owners starting a quality program will find the Baldrige self-assessment tool a great addition to traditional SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis. The Importance and Implementation of Baldrige Practices for Small Businesses (Journal of Quality Management) conducted an empirical survey to determine how small businesses perceive and implement high-performance management practices outlined in Malcolm Baldrige's Standards of Excellence for Performance. Development of social networking sites using the new standard ISO/IEC 29110, designed for small businesses (software quality experts) All members of the collaboration.

case study

Applying Lean Six Sigma to the Wood Furniture Industry: A Small Business Case Study (Quality Management Journal) Lean Six Sigma (LSS) helps streamline processes by focusing on reducing scrap and defects and improving quality. This paper presents a study on the implementation of LSS in a small furniture company.