Small business management is the process of aligning and organizing all elements of a small firm, including its personnel, suppliers, finances, strategic plan, and day-to-day operations. Due to the massive fluctuations within and between sectors, small enterprises make up a volatile segment of the national economy. So, effective project management is essential in a small business means reaching the project goals on time and within budget, despite having fewer resources than large organizations. Also need to Provides highlights on small business in a changing world, small business and project management, and historical development of project management. Implementing process approach quality management, it focusses on process approach of ISO, plan do check act in the ISO 9001 standard. Further, involves Art database models for sales, marketing, customer management and more key business activities and also explains on tracking sales information for CRM, most popular CRM data models. It is essential to understand the small businesses and their challenges during covid-19 pandemic, on family business in 21st century, E-business and E-commerce and provide highlights about marketing and supply chain management. It also covers research Anthology on small business strategies for success and survival. The highlights on the drivers of innovation practices in SMEs, its importance and helps to understand entrepreneurship growth in emerging economies, focusses on importance of entrepreneurship, institutions and economic growth, ethical values in SMEs, developing and implementing ethics policy. This book provides highlights about the inventory costing methods for small business, the 4 inventory costing methods for business to use and gives some important survival tips for small business.