How many businesses can one person manage simultaneously?

[BrolySSJ]

Whenever you go into a business venture they may always be different fields to the business that you may want to venture into and generally if it is your first business, then you would incorporate all of these fields into a single business that you can manage. However there are some people that decide to get brave and they decide to open up multiple businesses at the same time and each business Focuses on a different product or service. How viable do you think it is to operate or run more than one business at the same time?

Surely if you are running one business you can fit all of your time and your focus to that business however if you have more than one business your attention be split between all of these businesses and it may result in one of them suffering. What are your thoughts on this?

 

[Sammyesx]

If one happens to have more than one business then it should be a business that does not require the presence of the business owner at all time, it is possible to have about three business at the same time, a all you need is a trusted person that will be thee in your place.

 

[EMMANUEL]

Well, managing business has to do with the kind of business you decided to venture into, basically when there is a description of such business then you can talk about the ways to merge it up, the most important part is been consistent towards you business, not compromising your standard regardless of the nature of business.

 

[Nicklas22]

One man can manage two businesses as long as he has the knowledge about the two business
A man can run a farming business and as well as owning a betting store
As long has he has the passion I believe he will succeed in both business

 

[btaliat]

It depends on the type of business. If you are doing online businesses, it is possible to manage more than three businesses. But it maybe difficult to manage more than three businesses at a time to avoid mismanagement.

 

[GeneBiz]

Whenever you go into a business venture they may always be different fields to the business that you may want to venture into and generally if it is your first business, then you would incorporate all of these fields into a single business that you can manage. However there are some people that decide to get brave and they decide to open up multiple businesses at the same time and each business Focuses on a different product or service. How viable do you think it is to operate or run more than one business at the same time?

Surely if you are running one business you can fit all of your time and your focus to that business however if you have more than one business your attention be split between all of these businesses and it may result in one of them suffering. What are your thoughts on this?

Well, it is always good to diversify the sources of income so as not to depend only on one ... so yes, if I consider that it is possible and profitable to have multiple businesses, either from different areas or similar, now, I think it is best to When venturing into a second or third business, it would be to wait for a solid foundation and a stable and consolidated first business before even considering opening any other business.

Post automatically merged: Feb 2, 2021

Whenever you go into a business venture they may always be different fields to the business that you may want to venture into and generally if it is your first business, then you would incorporate all of these fields into a single business that you can manage. However there are some people that decide to get brave and they decide to open up multiple businesses at the same time and each business Focuses on a different product or service. How viable do you think it is to operate or run more than one business at the same time?

Surely if you are running one business you can fit all of your time and your focus to that business however if you have more than one business your attention be split between all of these businesses and it may result in one of them suffering. What are your thoughts on this?

Well, it is always good to diversify the sources of income so as not to depend only on one ... so yes, if I consider that it is possible and profitable to have multiple businesses, either from different areas or similar, now, I think it is best to When venturing into a second or third business, it would be to wait for a solid foundation and a stable and consolidated first business before even considering opening any other business.

 

[Janita]

A well experienced person can manage so many businesses in a time but if I talk about my self so I can only manage one business in a time because I cannot pressurized myself and put so much stress on myself .
There are many people who joined business venture but they can focus on the one business in a time.

 

[Emma Aneni]

I'll say two approximately. Managing more than one business at a time divides your mind and your focus together with your attention. Then managing more than two will be very harmful to one's health and his mental state.

 

[Blessedsam60]

You can actually manage as many as possible business as you are capable of doing it. This discussion is serious but I will rather advice you to handle at maximum two businesses for a start and see how it goes before you can think of diversifying.

 

[Fortunate]

Giving up primary control of a company you built is never easy, but it can be made easier by having someone you trust learning the ropes for a while beforehand. “It’s noticeable who becomes your right-hand man within business operations,” Gould says. “Take note of who puts in extra hours, prioritizes a relationship with you and seems generally passionate about what your business does.”

 

[Usman Sattar]

Managing multiple businesses may sound daunting, but it isn't impossible—a few procedural changes can help, writes this entrepreneur.

When you have ideas for multiple businesses that you think may have real potential, you probably don't want to let go of any one of them. But successfully running a business can have a lot of challenges. Adding another one to the mix can make it harder to figure out how to juggle building two or more ideas into full-fledged companies.

 

[ranaabubakar263]

If a person is expert in a business then he can make a lot of progress in business and if he wants to have more than one business then he should gather good information about it then he can do more than one. If he is an expert in this then he can fly as much as possible. Experience is very important in this.

 

[joy101]

If one happens to run different types of business he will sure make chance out for the each of business to know how to handle it properly, because person can managed as many as business that he or she wants to start, what matters is planning to succeed.

 

[Hamza]

It's totally up to that person talent, strength, strategy and condition. Either he can manage multiple businesses at one or he can manage just one at a time. If you have skills and talent there will be no problem managing multiple businesses but if you lack the skills it will be hard for you to even manage one.

 

[Ralphjoe]

When it comes to the management of more than one business.l, I cannot manage more than one business because managing even one business can be a tedious job. Most people confuse managing a business to ownership of a business, managing a business is a very strenuous task because you are in charge of making sure that the business runs smoothly, whatever that is not available you will provide it, whatever the business needs in it's day-to-day operation you as the manager will provide it. So managing more than one business will be a stretch for me, I just can't do it.

 

[Richard92]

You can manage two or three business simultaneously if you are very dedicated and good in business, you can be able to manage all the business, it is all about dedication, you must have to be a very dedicated business man.

 

[Philip Omotayo]

Managing multiple businesses depends on the nature of the business. One can go into many business at a time depend on how such business relates with one another. Taking for instance, web design, graphic design, email marketing and smartphone applications design are all related business. It wont be good to now include selling of household products alongside. It will be difficult, one can do multiple business at a time but they must be actively related to one another for easy performance.

Post automatically merged: Feb 2, 2021

Managing multiple businesses depends on the nature of the business. One can go into many business at a time depend on how such business relates with one another. Taking for instance, web design, graphic design, email marketing and smartphone applications design are all related business. It wont be good to now include selling of household products alongside. It will be difficult, one can do multiple business at a time but they must be actively related to one another for easy performance.

 

[Fortunate]

You can create separate LLCs or corporations for each of your businesses, because there's no limit to how many a person can form. The biggest advantage to this approach is that each business won't have to assume the risk of the others; they'll all be legally and financially protected from one another.

 

[Kamon c4]

Busines management depends on the size of the business. However, a large scale business with branches in different location can’t be supervised and managed effectively by one person. This requires services of experienced managers. The numbers of busines that could be effectively managed by a person is dependent on the size of the businesses

 

[Luckboy]

Here’s what you need to do to manage multiple
ventures…
You need to have had a success in
one venture. You need startup and
business experience. You can’t start 5
start-ups when you’ve never managed
to run one successfully.
You need access to enough funds.
It’s hard enough for entrepreneurs to
get funding for one startup, let alone
5. It’s only when you feel you have
more than enough funds to optimally
grow one business should you
consider starting another.