Latest on Business Management.
BUSINESS MANAGEMENT BASICS.
Using Your Management Skills to Get the Core Business Management Basics Right
Running a Business can and should be a fun way to make a living, and it often is when you start out.Make sure you get the business basics right.
But eventually it becomes more and more complex until a good nights sleep is only a vague memory.
When this happens it isn’t long before going to work in the mornings is the thing you dread the most.
And once you add that to the stress and strain of managing your business in times of tight credit and low sales, then all to soon your business building dream really is a nightmare
And what was once a real pleasure is now a burden?
The main problem is neglect of the core business basics, the administrative engine that runs your business.
You see, most new business owners quickly forget that the core business basics; the hiring of employees, the development of products, caring for customers, collecting payments and paying bills, are the core administrative functions of the business.
These are 85% of your business and you have to set them up properly, or the other 15% of business functions will either never happen or become meaningless.
Never neglect the core business functions, for if they run smoothly you will enjoy running your business and sleep soundly.