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skills to run a business

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Introduction

Skills Introduction: As my business is a convenient store so I need management skills some of these are contacting suppliers, providing customer services and looking for the best investments in the business to make sure I survive in the competition war. Skills needed to run my business: The main skills required to convenient store are to be able to see what could be a potential benefit towards the business. To find these you need to be good with communicating wither its talking to a angry customer or if your ordering stock by supply on demand. Another skill needed is IT as you need to update flyers and promotional offers by computer; these must be done professionally unless they are made by hand for in-store proposes. Some other skills required: * Maths: to run any business you must have maths skills you need these from working out when you will have you break-even point to working out your revenue. ...read more.

Middle

I should also consider what budget people would think its good value for money. Skill needed to run a sole trader business The main skill needed for all the sole trader businesses are to be self esteem and self confidence. This means that a person running a business should be able to start a business by him self as no one else will help be there and also to be confidence in what you do and think. In sole trader business a person should know how to manage there day to day business including: * Finance: when running a business person should know where to invest profit and what to do during debt. This also includes limited liability. This means that what a business is going to do when it goes in debt and you can't pay the loan. ...read more.

Conclusion

* I have social skills. I can speak in non-violate language and behaviour. * I can communicate in three two other languages which is Hindi and Guajarati. * I also have skills to be creative so I can design my store to be attractive. There other skills I need to learn are as follows: * I need to learn how to speak in proper ascent and fluently in English. * I need to have more knowledge of products I am going to sell so that I can answer if any of my customers ask. To improve these skills I have decided to take classes so that I can learn to speak English fluently and to get knowledge of products I have decided to get information of internet. Conclusion From this unit of course work I have concluded that there are many types of skills require to run a sold trader businesses and to run a corner shop. I have also stated the skill I have and skills I need to improve and how. ...read more.

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