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| The Minnesota Small Business
Management Education Program is concerned with the organization of an entrepreneurs
resources in such a way as to assist the family in meeting their family and business
goals. Often these goals involve generating new profit. Good management requires a sound
knowledge of economic principles because they are the framework for small business
operation and organization. Good management ties all sections of the small business
together. It provides a perspective, showing the relationship of all parts to one another, and to the whole small business. Management must understand various alternatives that can be used in decision making. Small business management instruction is concerned with the development of an entrepreneurs knowledge of economic principles and with the decision-making process.
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