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Small Business Management

Small Business Management
Creating a Sustainable Competitive Advantage

Eighth Edition
Available with:

January 2024 | 584 pages | SAGE Publications, Inc
Small Business Management, Eighth Edition equips students with the tools to navigate important financial, legal, marketing, and managerial decisions when creating and growing a sustainable small business.

Author Timothy S. Hatten provides new cases, real-world examples, and illuminating features that spotlight the diverse, innovative contributions of small business owners to the economy. Whether your students dream of launching a new venture, purchasing a franchise, managing a lifestyle business, or joining the family company, they will learn important best practices for competing in the modern business world.

PART I: The Challenge
Chapter 1: Small Business: An Overview
Chapter 2: Small Business Management and Entrepreneurship
PART II: Planning in Small Business
Chapter 3: Social Entrepreneurs, Ethics, and Strategic Planning
Chapter 4: The Business Plan
PART III: Early Decisions
Chapter 5: Franchising
Chapter 6: Taking Over an Existing Business
Chapter 7: Starting a New Business
PART IV: Financial and Legal Management
Chapter 8: Accounting Records and Financial Statements
Chapter 9: Small Business Finance
Chapter 10: The Legal Environment
PART V: Marketing the Product or Service
Chapter 11: Small Business Marketing: Strategy and Research
Chapter 12: Small Business Marketing: Location
Chapter 13: Small Business Marketing: Price and Promotion
PART VI: Managing Small Business
Chapter 14: Professional Small Business Management
Chapter 15: Human Resource Management
Chapter 16: Operations Management


Instructor Resource Site
For additional information, custom options, or to request a personalized walkthrough of these resources, please contact your sales representative.

LMS cartridge included with this title for use in Blackboard, Canvas, Brightspace by Desire2Learn (D2L), and Moodle

The LMS cartridge makes it easy to import this title’s instructor resources into your learning management system (LMS). These resources include:
  • Test banks
  • Editable chapter-specific PowerPoint® slides
  • Case notes
Don’t use an LMS platform?

You can still access the online resources for this title via the password-protected Instructor Resource Site.

"Well-designed and effective to bring to the reader a clear 'means and methods' to evaluate whether or not small business as an entrepreneur is right for them."

Richard Hamlet
Tidewater Community College

"Thorough and engaging for students."

Mark L. Quinn
Xavier University of Louisiana

"Comprehensive and well-written."

Martin Luytjes
Florida International University
Key features
  • The new edition is available in Sage Vantage, an intuitive learning platform that integrates quality Sage textbook content with assignable multimedia activities and auto-graded assessments to drive student engagement and ensure accountability. Unparalleled in its ease of use and built for dynamic teaching and learning, Vantage offers customizable LMS integration and best-in-class support.
  • New cases in every chapter present real-life business scenarios, asking students to think critically about the management challenges presented and to apply chapter concepts.
  • Experiential Learning Activities in each chapter bring the application of "what" and "how" alive for students.
  • Creating Competitive Advantage boxes consistently bring the theme of the book to the front of students’ minds.
  • What Would You Do boxes prompt students to put themselves in a scenario that small business owners could face.
  • Sage Premium Video in Vantage that is tied to learning objectives, and curated and produced exclusively for this text to bring concepts to life, featuring:
    • Small Business in Action videos showcase stories and interviews from a wide variety of small business owners with footage showing the business owner and their businesses in action.
    • How To… videos focus on basic concepts to further clarify and enhance understanding of common, basic business needs.
    • Comprehensive, downloadable, easy-to-use Media Guide in the Coursepack for every video resource, lists the chapter to which the video content is tied, matches learning objective(s), and provides a helpful description of the video content, and assessment questions.
  • Organized around the overarching theme of maintaining a sustainable competitive advantage
  • Examples and cases illustrate the unique opportunities and challenges that small business owners encounter every day
  • Experiential Activities and Concept Checks provide opportunities for students to test their knowledge and practice essential skills
Vantage Reference: 
Small Business Management - Vantage Learning Platform

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