Running a business
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Transcript of Running a business
Running a businessSkills & Experiences
What is business?
What is business?
Business management is common sense
Business success comes from productivity, productivity comes from focused goals.
What is running a business all about?
Set your goals
Communicate your goals
Achieve your goals
Set your goals
Budgeting & Financials
Customer Service
Expansion & Innovation
Budgeting & Financials
Revenue $500,000
Cost of Goods Sold - $200,000
Gross Margin = $300,000
Operating Cost - $200,000
Profit $100,000
Customer Service
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
Communicate your goals
Building relationships:
Employees
Clients
Partners
Employees
Employees
Communicate your goals in writing
Be the boss to whom your employees can tell it like it is
Clients
Partners
Achieve your goals
Product
Sales & Marketing
Operations
Product
Marketing
Operations
Seamless system
Easy – to – use
Store environment
What is running a business all about?
Set your goals
Communicate your goals
Achieve your goals
Questions & Answers