There are best practices, standard operating procedures and several types of processes in the business world. Processes help maintain order and provide guidelines for a smooth workflow. They are what ...

As your business grows, you will need to take proactive steps to formalize the processes and procedures. This includes creating strategic management goals and performance goals for your managers.

Business process outsourcing involves the outsourcing of business functions to external companies. To clarify, many companies outsource tasks to external providers. An example may be hiring a ...