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Running a business Skills & Experiences. What is business?

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Presentation on theme: "Running a business Skills & Experiences. What is business?"— Presentation transcript:

1 Running a business Skills & Experiences

2 What is business?

3  Business management is common sense  Business success comes from productivity, productivity comes from focused goals.

4 What is running a business all about?  Set your goals  Communicate your goals  Achieve your goals

5

6 Set your goals  Budgeting & Financials  Customer Service  Expansion & Innovation

7 Budgeting & Financials Revenue$500,000 Cost of Goods Sold- $200,000 Gross Margin= $300,000 Operating Cost- $200,000 Profit$100,000

8 Customer Service

9 Expansion & Innovation  “Look for what is missing. Many know how to improve what’s there; few can see what isn’t there.” – Swanson’s UnWritten Rules of Management

10 Communicate your goals Building relationships:  Employees  Clients  Partners

11 Employees

12  Communicate your goals in writing  Be the boss to whom your employees can tell it like it is

13 Clients

14 Partners

15 Achieve your goals  Product  Sales & Marketing  Operations

16 Product

17 Marketing

18 Operations  Seamless system  Easy – to – use  Store environment

19 What is running a business all about?  Set your goals  Communicate your goals  Achieve your goals Questions & Answers


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