Business skills that are needed to run a business effectively

[cherry123]

I know that to run a business, you need very good skills like Data Analysis Skills. Financial skills, Business Management Skills. What other effective skills can you have to run a business better?

 

[Starmix]

To run a business is risky, but if it is in the family bloodline, automatically one can acquire skills within the circle. Most importantly, the planner needs to make her or his business legal. Capital is a must.

 

[cherry123]

To run a business is risky, but if it is in the family bloodline, automatically one can acquire skills within the circle. Most importantly, the planner needs to make her or his business legal. Capital is a must.

Yeah apart from the knowledge of the business. You would need to have the needed capital to start.

 

[Mikky]

Damage control skills I'm not too sure if its a skill but its important for a business.

 

[cherry123]

Damage control skills I'm not too sure if its a skill but its important for a business.

It is good for a business because it helps put a business in a better light. so it is good skill to have.

 

[Mikky]

It is good for a business because it helps put a business in a better light. so it is good skill to have.

Yea it does a lot, I can tell of some companies that should have been closed but are still bubbling.

 

[cherry123]

Yea it does a lot, I can tell of some companies that should have been closed but are still bubbling.

They know this thst is why they have public relations officer that will help them keep the image of their business

 

[Mikky]

They know this thst is why they have public relations officer that will help them keep the image of their business

And they also employed good hands to efficiently keep the company's image .

 

[Edulady]

You also have to be innovative. Nowadays a lot of people have indulged in business and you will fin d that what you want to do in your business is done by 10 other business in your area. If you can come up with unique ideas that separate you from the rest and you have won their hearts.

 

[cherry123]

You also have to be innovative. Nowadays a lot of people have indulged in business and you will fin d that what you want to do in your business is done by 10 other business in your area. If you can come up with unique ideas that separate you from the rest and you have won their hearts.

You are right we always need to be different with our business ideas to avoid being sjdelined by our competition. it good to be creative.

 

[Shavkat]

In my book, it is best if the businessman had studfied Bachelor of Science in Business Administration. Then, move to the next level of having at least as master's degree in Business Administration.

 

[cherry123]

In my book, it is best if the businessman had studfied Bachelor of Science in Business Administration. Then, move to the next level of having at least as master's degree in Business Administration.

yes studying The course or acquiring business skills can help one run a business effectively maybe from experience will be better

 

[Shavkat]

yes studying The course or acquiring business skills can help one run a business effectively maybe from experience will be better

It also counts the work experience in business. I think schools need their students to have first-hand experience having OJTs in companies before graduating.

 

[cherry123]

It also counts the work experience in business. I think schools need their students to have first-hand experience having OJTs in companies before graduating.

Yeah experience is always needed. it will help in the future

 

[Shavkat]

Yeah experience is always needed. it will help in the future

I felt bad during my school days. Some of my teachers were so lazy to teach their students.

 

[cherry123]

I felt bad during my school days. Some of my teachers were so lazy to teach their students.

This happened almost everywhere it happened to in my school some teachers are not just it

 

[Shavkat]

This happened almost everywhere it happened to in my school some teachers are not just it

I also hate when practice favoritism in classes.

 

[cherry123]

I also hate when practice favoritism in classes.

That's human for you, they just bring favoritism into every thing even in the school

 

[Reedex]

It is very compulsory to have good managerial skills because that is what is needed to run a business successfully.

 

[Springtime]

A business needs different people with different skills to run it effectively. People with good sales and marketing skills, good financial management skills and good people management skills are important.