Friday, April 8, 2011

My 2010 Business Experience




year 2010 was the lowest in terms of my hopes for the survival of my business, but he was my best success story in my nine years of experience as a business owner.
As the year ends I reflect on my business experiences in years. successes and challenges, successes, where a very good experience which I believe will continue in the new year and beyond. But the challenges did not begin in 2010, but I can say that he completed in 2010. This is where the challenges as a result of bad business decisions due to inexperience and ignorance seeks my advice from those whose job it is to help businesses succeed.
In April 2010 I was almost sure my business will not survive the year, but I have this big meeting of the organization that helped me with a great management techniques I could have thought. They are the Small Business Success Center, the subsequent corrections and lessons learned will be greatly helpful for me for the rest of my working life.
Example.
Financial planning is a prerequisite for growth and success of all business enterprises. With out financial planning is impossible for business to function effectively and achieve the goals set by the business. In fact, financial planning means that business owners or managers have to continuously identify the right financial management strategy applied in the successful conduct of business.
budgeting. Any calculation of time or resources we all work in one form or other budgets. The calculations are different budget form household budget personal finances, business budget. Every business must operate in accordance with the budget to ensure it has sufficient funds to effectively fund their activities.
calculations serve as an aid for the financial planning process. For example, in the process of capital budgeting requirements of the business for a period determined by the budget - it allows the business manager / s to the provisions in the early stage of their financial needs
.
My help came from, Small Business Success Center.
It is also important to pay attention to everything that makes your job is to work online or offline business operations. Example. Marketing, employing staff, tax administration, credit management, customer relations, etc. As it is ignoring all aspects of business management will adversely affect your business.
Adams Casbann. owner of a trading / processing company

0 comments:

Post a Comment