A business does not succeed without the owner committing serious efforts into planning and taking actions that will lead to its growth. Entrepreneurs who have made impact globally were able to record such tremendous success because they have mastered the art of business management. If you want to succeed as a business owner, you must be prepared and ready to add more feathers to your cap in terms of knowledge and new relevant skills. Below are a few skills that will help you manage business successfully:

Know the business

The first and foremost thing required is for an entrepreneur to understand the business he/she is involved in. Complete knowledge of what you do will easily give you the required confidence to excel in a short period of time.

Work with the best

You will always have a team of people to work with as an entrepreneur, it is best you choose wisely and work with those who are highly competent in order to help you deliver excellence. From your team, partners, suppliers, distributors etc. Learn how to discover the best, their expertise will help you overcome challenges and gridlocks involved in business.

Keep your customers

A business without customers will fold up easily, entrepreneurs must learn to keep their customers satisfied through delivering the best services/products.

Strategize

Have deliberately planned actions designed to help you achieve set goals and objectives. Strategy is what stands out businesses and help them stay ahead of their competition.

Control

Make sure your direction conforms with the set goals on ground and also learn to get the process on track when things seem to deviate. Control is very important in the running of every business as it serves as monitoring measure to the activities of the business geared towards helping it succeed.



source; http://tushmagazine.com.ng/5-ways-run-successful-business-nigeria/

lalasticala

Thanks for the theory...
We have been seeing this kind of thread everyday on nairaland,but it still doesn't reduce the number of small and medium scale businesses that crumble everyday in Nigeria due to the harsh business climate in the country...