SMART Goals are objectives that are Specific, Measurable, Achievable, Relevant, and Time-bound.

An SOP (Standard Operating Procedure) is a step-by-step guideline that ensures consistency, efficiency, and quality in business processes and operations.

A stakeholder in a small business is anyone affected by its success, including owners, employees, customers, suppliers, and the local community.

SWOT analysis is a strategic tool that helps businesses assess Strengths, Weaknesses, Opportunities, and Threats to inform decision-making and growth.