Type of Knowledge you need to be successful in doing business.

[Bookwormlux1]

You need to understand what is expected of you first before any other thing in a particular business that you are really interested in. This is the surest way to business Success

 

[joy101]

For you to be a successful person in your you must set a good plan in order to succeed in the business, because it is very important for you to understand the business before going into it.

 

[Setho]

I believe that business is something that is all-encompassing and as such you need to take everything very seriously if you really want to be successful in that space. For example you should have knowledge on how to build a relationship with people especially those that can positively impact your business. You should also have knowledge about financial systems and the latest technology.

 

[Syldan]

Before starting any form of business, it's expected of you to make a survey either market, technical, or personel survey to enable you have much understanding about the operation of the business and how good you can run the business not only fund or capital issues.

 

[Shigobad20201]

The problem most business are having nowadays is that they failed to explored their options very well before jumping into conclusions on the type of business they do and the location.

 

[Syldan]

Actually knowledge is very important and to some extent it's expected of everyone to have a planning skills that's to be good in planning and taking decision that are productive to the organisation.

 

[Shigobad20201]

We know that in order to be successful in business , you need to have some knowledge and understanding concerning the business which is the business oriented knowledge.

 

[Syldan]

Knowledge is very important in every aspect of business either online or offline depending on your choice. Knowledge do really helped every one to know when and how to invest in a particular business.

 

[Sincerem]

There are various skill set that comes to play when an individual intends to start or run their own business. To be a success business man you must have good planning skill and you must have the patience to see your business grow from scratch at whatever pace it make take.

 

[Shigobad20201]

You need the knowledge of a good enterpreneur to be successful in your business activities , the innovative skills that will assist you in upgrading your business and bringing new business idea

 

[Lens]

Basically, you will need the knowledge of the risk around the business. The major thing is that the good knowledge around the risk will help you navigate around the risk and in turn maximise the profit.

 

[Shigobad20201]

Basically, you will need the knowledge of the risk around the business. The major thing is that the good knowledge around the risk will help you navigate around the risk and in turn maximise the profit.

Business is all about taking calculated risk and trying to mark a good amount of income with the calculated risk , for example investing in a business which needed a huge amount of your , you get to make a resreach and if the business is worth it ,then you can try it

 

[LadAckerman]

I believe the most important are financial management. Being able to effectively manage your finances is critical, marketing, sales and customer service, communication and negotiation. The rest are problem solving, networking and leadership.

 

[Lens]

Business is all about taking calculated risk and trying to mark a good amount of income with the calculated risk , for example investing in a business which needed a huge amount of your , you get to make a resreach and if the business is worth it ,then you can try it

Many businesses mem make that mistake because all they are after is the money or the profit that they will make not taking into account, the amount of risk in the business.

 

[Shigobad20201]

Business Is always about taking risk , most especially investment , its about taking risk , but you first need to be ninety percent assured that the business is real

Many businesses mem make that mistake because all they are after is the money or the profit that they will make not taking into account, the amount of risk in the business.

 

[Setho]

If you will want to be successful in business then you should be somebody that has extensive knowledge about marketing and the psychology of buying and selling if you want to make it.

 

[Lens]

Business Is always about taking risk , most especially investment , its about taking risk , but you first need to be ninety percent assured that the business is real

There is no business without risk . All businesses has its own risk and that is majorly why one need to analyse the risk properly before venturing into one. Some risk are not worth taking.

 

[Setho]

You should be able to have strong analytical skills if you want to be able to be successful in business. You should also have the ability to be able to negotiate with customers and convinced him to buy from you.

 

[Bookwormlux1]

It is very important for business owners and people who have interest in starting one business or the other to try as much as possible to make sure they acquire enough knowledge, especially with regards to being able to negotiate prices with customers.

 

[Lens]

When we venture into the business ,most of us are only concerned with the profits that we will make but , it is very important to consider the risk that is also involved in the business.