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You have a great idea and some exciting marketing ideas. You even have enough money to get started. But what about the skills needed to actually run your own business?
Strengths -vs- Weaknesses
Knowing your strengths and limitations will help you determine whether you’re likely to be suited to running your own business. Here are just a few of many factors to consider:
Management & leadership skills
These skills should include the ability to:
Also included here would be knowledge of occupational health & safety requirements, human resources and risk management responsibilities.
Basic knowledge of:
Marketing and sales
Additional skills to have to help promote your business:
Technical skills vary depending on the type of industry. While it would be an advantage to have prior industry experience, it’s not a pre-requisite. Many successful business owners ‘learn as they go’ and others work with people who have complementary technical skills.
Not every new business owner will possess all these skills from the start – you can learn a wide range of skills through training courses, seminars, books, literature and networking within your industry. And as always, in areas where your skills are limited, you can employ staff or hire consultants and contractors who have the expertise.
Contact A&Co. team today for assistance!