As a small business owner with limited resources, the ability to carefully analyze options, assess associated trade-offs and make choices that maximize overall benefits is vital to your success.

You’re used to making choices. You routinely make decisions on the spot based on your knowledge and experience. It’s great for getting things done efficiently and ensuring smooth operations. But in the daily busy-ness of business, do some of your choices pose a risk of opportunity cost?

Navigating the realm of project management can be quite a journey, particularly if you are unfamiliar with all the terms, tools, and methodologies. One tool worth getting to know is BOSCARD.

Despite its name sounding rather fancy, BOSCARD is not some membership card, a must-have designer label, incredible cuisine, or a novel cryptocurrency. Instead, it’s a planning tool used in project management to establish comprehensive terms of reference for projects. Consider it your project’s guiding compass offering directions and aiding in your journey.

You may not have considered it this way before as a small business person, but if you are doing projects, you have a project portfolio. This portfolio advances your business goals. Selecting projects is a strategic choice based on more than influencer advice and a promising trend.

Projects take time, money, and energy. Here are eight ways to evaluate what are the best projects to take on.

Starting and running a business is an exhilarating venture, filled with trials and opportunities. As a business owner you may have already taken on roles handling everything from marketing and sales, to logistics and finance.

Adding in projects to manage over and above the daily business responsibilities can threaten stress overload for the already burdened small business owner. That's where project management, the PMBOK, can be of value.

Project management may seem like something only for larger companies with many employees, big projects, and teams to handle those projects. Actually, though, project management methods are highly beneficial for even a one-person business or a very small business that employs remote freelancers part-time. Here are some practices and strategies of project management that can benefit the small business owner.