Obtaining a degree in management is still valuable for small business owners as it imparts knowledge on effectively running a business. The program equips students with skills in goal-setting and strategic planning. Furthermore, classes cover essential topics such as business law, workforce management, financial management, business planning, and supply chain logistics.
While certain programs may be labeled as "small business management," other schools refer to them as entrepreneurship, business administration, or business management. It is important to note that these programs differ from degrees in finance, accounting, or marketing, which are more specialized and intended for career paths in those specific fields.
If you are interested in pursuing a degree in small business management, Intelligent.com has compiled a list of the best programs available in 2023.
Business managers typically pursue degrees in business, accounting, or marketing. According to our analysis of 45,871 resumes, we found that 65% of business managers have obtained a bachelor's degree, while 14% have completed an associate degree.
Business Network International, commonly known as BNI, is a highly respected small business association that caters to entrepreneurs who are determined to enhance their networking skills. With over 7,500 chapters across various locations, BNI provides numerous opportunities for small business owners to engage in networking meetups within their vicinity.
A business association often targets a specific segment of the business community, such as a particular type of company. Some small business associations also limit their membership to a specific geographic area. These organizations can be sponsored by the U.S. Government or operate as private or nonprofit entities.
1. National Small Business Association (NSBA)
2. U.S. Small Business Administration (SBA)
3. National Federation of Independent Business (NFIB)
4. Small Business Majority (SBM)
5. National Association for the Self-Employed (NASE)
6. American Bar Association - Section of Business Law (ABA - SBL)
7. National Association of Women Business Owners (NAWBO)
8. SCORE
9. Association of Women's Business Centers (AWBC)
10. National Black Chamber of Commerce (NBCC)
11. Association of Small Business Development Centers (ASBDC)
12. National LGBT Chamber of Commerce (NGLCC)
13. Business Networking International (BNI)
14. National Association for Business Economics (NABE)
15. Hispanic Chamber of Commerce
16. Association for Enterprise Opportunity (AEO)
17. National Veteran-Owned Business Association (NaVOBA)
18. Asian American Chamber of Commerce
19. American Indian Chamber of Commerce
20. Greater Women's Business Council (GWBC)
These associations offer resources, support, networking opportunities, and advocacy for small businesses across various sectors and demographics. Exploring their offerings can be beneficial for entrepreneurs and business owners.
Here is a compilation of notable professional associations categorized by industry or career field. Some of the prominent ones include the American Institute of Certified Public Accountants (AICPA), Association of Accountants and Financial Professionals in Business (IMA), and National Association of Certified Public Bookkeepers (NACPB).
They provide a platform for professionals to network, enhance their skills, and stay updated with industry trends and best practices.
The Minority Chamber of Commerce stands out as one of the top organizations to join for small business owners. As a non-profit, it focuses on supporting minority entrepreneurs by providing them with opportunities to learn essential business management skills, network with fellow professionals, and connect with specialized suppliers.
There are several organizations that offer a wide range of business certifications to diverse small business owners. One of these is the U.S. Small Business Administration (SBA), which is a government agency that provides support and opportunities specifically tailored to entrepreneurs and small businesses.
Another organization that offers business certifications is the U.S. Chamber of Commerce.
A business certification is a formal document that eligible companies can request. Obtaining a certification can provide advantages such as enhanced recognition, reduced competition, preferential treatment, reserved contracts, and increased revenue.
By applying for a certification, eligible businesses can access a variety of Small Business Administration (SBA) certifications and programs that can support their growth and success.
Obtaining business certifications can provide several benefits and resources that can give your company a competitive edge and accelerate its growth. One advantage is the opportunity to access contract opportunities. Both the federal government and some private corporations reserve contracts specifically for businesses with verified certifications. This can open up new avenues for business growth and revenue.
If you are a small business owner who belongs to an underrepresented group, you have the potential to qualify for a business certification that can grant you access to new and potentially exclusive business opportunities. These certifications are divided into two main categories:
1. Small Business Certifications: These certifications are specifically designed for small businesses, and they enable you to compete for contracts and opportunities that are set aside exclusively for small businesses.
2. Diversity Certifications: These certifications are granted to businesses owned by individuals from underrepresented groups, such as women, minorities, veterans, and disabled individuals. They provide access to programs and initiatives aimed at promoting diversity and inclusion in business.