People acquire small businesses in many ways, but all are faced with one common challenge: taking charge of everything involved in running a business. Running a small business involves many activities, including developing a business plan, overseeing sales and marketing, dealing with personnel and a whole range of administrative responsibilities.

While the list of tasks seems daunting, even overwhelming, you can start by breaking the job into its components. By reviewing some of the main pieces, you may find it more manageable.