Small Business Information

Six Essential Skills to Business Success!


The following are six essential skills to business success. You may not have developed all of these skills, but like most things in life, you can by learning, practicing and determination. Implement these skills and you'll be on the right track.

1. Personal Skills

A healthy self esteem is necessary for you to tackle the day to day tasks of business. As an entrepreneur, you will spend a great deal of time working solo. Listen to your heart but consult your head before making final business decisions. Keep motivated by staying on track of plans and organization.

2. Communication Skills

You must sharpen your communication skills if they have become a little rusty. You may find yourself needing to communicate with lawyers, accountants, bank managers etc. You need to be able to get your message across clearly. Good communication will reduce the chance of being misunderstood. It's essential to be able to communicate effectively at a variety of levels, in a variety of manners, to a variety of people. There are many self-help books on this topic.

3. People Skills

People will make or break your business. You will make or break your business. You are your business. The way you deal with people will determine much of your business success. Good manners, politeness, and attentiveness to your customers' needs are what will ensure repeat business. Customers need to feel that they are important to you.

Part of the package of people skills is a good sense of humor. It's an important survival tool, as is a smile. While it may be hard to smile when things aren't going right, remember that no one wants to talk to a negative person. Smile often and it will help alleviate a tense situation. Keeping a positive outlook on a daily basis will maintain your motivation level. Do not let depression, apprehension, insecurity, or doubts affect your thoughts.

4. Marketing Skills

To round off your entrepreneurial skills, you will have to have a sound knowledge of marketing your business. Marketing is the ability to communicate to your potential customers and inform them of your products and or services. Know how to define and target your market. You need to know what will work for your business. Read books, talk to others and observe how other types of businesses successfully market their own. Usually effective marketing involves a combination of many techniques that can change from time to time.

5. Technical Skills

Read books, attend seminars, workshops, trade shows and conferences to add to your technical knowledge and keep a leading edge on your competition. Don't make the mistake of working at your business and forget to work on your business. Never cease your education in your area of expertise, and remember to keep up with the changing technology within your chosen field.

6. Financial Skills

You have to be financially knowledgeable in the business world. Your entrepreneurial knowledge should include basic accounting, organizational and administrative skills, an understanding of all tax laws, federal and provincial requirements, and an in-depth knowledge of the business that you are running.

It may sound like a lot to learn, and it is. But take heart. You can learn everything you need to know. No one was born a business hot-shot. There are an abundance of courses offering business management training. There are also self-help books that can assist you with the financial aspects of your business.

Implementing the six essential skills mentioned above is imperative to your business.

Sonia Colon is owner of a successful online specialty giftstore "Jimson Products".

Visit: http://www.jimsonproducts.com for a wonderful display.

Get Your Own FREE Mall: http://www.telebay.com/shopping1/mall.html


MORE RESOURCES:

MiamiHerald.com

Barack Obama spars with GOP over small business bill as stats show weak ...
New York Daily News
Barack Obama blasted the GOP for blocking a bill to aid small business owners, while Sen. Mike Johanns hit back. President Barack Obama hammered Republicans ...
Obama blames GOP on small business lending billThe Associated Press
Obama Pushes Small Business Bill in Radio AddressWall Street Journal
Small Business Lending and Loan News; Senate Republicans Vote on Bill to Aid ...Learning and Finance (blog)
Small Business News from Gaebler.com -UPI.com -True/Slant
all 812 news articles »


Small business resources
Houston Chronicle
IRS Small Business Tax Workshop: 1:30-4 pm, Katherine Tyra Library, 16719 Clay Road. Speaker: Greg Vernon. Topics: Choice of business entity, payroll, ...



NBC13.com

Attempted Repeal Of Small Business Tax Reporting Requirements Fails In House
Wall Street Journal
Business groups, Republicans and a watchdog agency within the IRS have charged that it would burden small business with mounds of extra paperwork. ...
House Republicans nix Democrats effort to repeal 1099 requirementThe Hill (blog)
US Democrats Under Fire Over Health Law Reporting MandateNASDAQ
Democrats Fail to Annul Health OverhaulTopNews United Kingdom (blog)
Outside the Beltway -Arizona Daily Star
all 338 news articles »


Xinhua

Obama charges GOP with blocking small business plan
Xinhua
"That's what we're trying to do with the Small Business Jobs Act - a bill that has been praised as being good for small businesses by groups like the ...
President Obama: Senate Republicans Stop Holding Small Businesses HostageWorldNewsVine (blog)
TPMDC Saturday RoundupTPMDC (blog)
Obama: US Can't "Demagogue" ImmigrationCBS News
Pioneer Press
all 149 news articles »


Small business owners serving the Meadowlands express apprehenion about the ...
NorthJersey.com
Governor Christie's recent commission report on the future of The Meadowlands Racetrack and the Izod Center is making small businesses and ...

and more »


Telegraph.co.uk

Republicans Block Bill to Aid Small Business
New York Times (blog)
The vote on the small-business bill followed several emotional exchanges on the floor. “That is the tradition in the United States Senate: majority rules, ...
Republicans continue Senate filibuster of small-business bill, stymie DemocratsWashington Post
GOP blocks small-business lendingBoston Globe
Senate fails to move forward on small-business legislationThe Hill (blog)
The Associated Press -International Business Times -Press Herald
all 4,209 news articles »


Los Angeles Times

Desperate for capital, small businesses turn to private lenders
Los Angeles Times
On the table in the Senate is a bill to restore funding to a key Small Business Administration loan-guarantee program and set up a $30-billion fund to ...
Bank of America Announces Program to Help up to $100 Million in Small Business ...LoanSafe
Small Businesses Get Help With $10 Million Pledge From BoASmall Business News from Gaebler.com
BofA Launches $10 Million Small Biz Grant ProgramCredit Union Times

all 12 news articles »


Small Business SBA 504 Loan Program Changes; Loans and Refinancing at Low ...
Learning and Finance (blog)
The Senate recently voted down a stimulus bill that would have increased small business lending in an attempt to support economic recovery. ...
SBA loan program proves effective for Portsmouth restaurantSeacoastonline.com
Fannie & Freddie ReduxAmerican Thinker (blog)

all 3 news articles »


The small business professor: Getting prepared for health care reform
Knoxville News Sentinel
Answer: No one knows at this time what the ultimate outcome of all the many effects of the health reform bill will have on small business. ...

and more »


Washington Post

Small Business Jobs Bill Stalls in Senate
New York Times (blog)
Democrats attempting to wrap up work on a small business jobs bill were stymied Thursday morning when they were unable to break a ...
Senate To Hold Second Small Business VoteTalk Radio News Service
Reid looks to add Cobell settlement to small-business billThe Hill (blog)
Huh? Dem Senate candidate won't endorse Reid as majority leaderWashington Post (blog)
MarketWatch -Politico (blog) -Firedoglake (blog)
all 397 news articles »

Google News

home | site map | Web directory | Pham Thanh Long | Luat su| Lawyer| Links
© 2006