How many businesses can one person manage simultaneously?

[BrolySSJ]

It is not every businesses that would needs technology to be successful though technology helps a great deal in the running of most businesses but not all.

I think that right now the way that the world is going and the fact that there is a pandemic with there being lockdown as well that there are many people that have been forced to rely on technology to still allow their business to operate virtually.

 

[Yusuf]

Managing more than one business simotaneously depends on the time one have. However, this can still be done perfectly without any hassles. You can just hire competent hands for supervision

 

[GIFTMICHAEL]

As the saying goes, you can start anything anytime provided you have adequate funds for it. No one will argue with you why starting multiple kind of business, provided you can manage them.

 

[BrolySSJ]

Managing more than one business simotaneously depends on the time one have. However, this can still be done perfectly without any hassles. You can just hire competent hands for supervision

Hiring supervisors is a very good way to go if you are looking to increase the number of businesses that you are managing at any given time, however this will incur an expense as well, especially on a supervisor level whose wages and salary is higher than the other employees generally.

 

[Good-Person]

Do not be looking at somebody else's ability in managing as many businesses as they think they can in measuring yours because no two persons are the same. You manage what you think you can

Managing business depends on one's ability to manage the employees and the customers at the same time. However, no matter how good you are at managing people and business, you cannot manage a really great number of employees, so this is the reason why companies hire managers for their big businesses.

 

[Emmy]

For one to think of having many businesses at a time, one has to look at his or her management skills. Can he or she deals with numerous things together without one having problem?!... However, it's just a gift, if one is able to handle many things at a time. You know! We possess different nature.

 

[Richard92]

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.

One person who is very dedicated in line of business and also use to businesses can be able to run like two to three businesses simultaneously.

 

[Victorial]

It is achievable. Managing more than one business should not be that complicated especially if one depends on the products of the other or are in the same field. Funds will play a bigger role in this.

 

[Setfragil]

You can run as many businesses that you want provided that you have the resources to run them without affecting each other.

 

[Peterlight]

Managing multiple businesses is just like having different branches of the same business and you are trying to manage them all at once, that wont work and will lead to people cheating you and also heavy loses will be made. That is why you have to employer other people to manage it for you.

 

[Prettyjanie]

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.

I agree with you. For one to successfully run so many businesses concurrently, the person has to be really experienced. So if you are not experienced, it's better not to try it.

 

[BrolySSJ]

Managing business depends on one's ability to manage the employees and the customers at the same time. However, no matter how good you are at managing people and business, you cannot manage a really great number of employees, so this is the reason why companies hire managers for their big businesses.

It is important that you manage both of these aspects and I think that this is why a lot of businesses actually have two managers to focus on the employees and also to focus on their customers as well and to prevent them from getting mixed up.

 

[Ralphjoe]

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.

As far as I am concerned it is very possible for one person to manage two businesses at a time but anything bigger than that would be very difficult as much more stressful for the one person to manage.

 

[Good-Person]

It is important that you manage both of these aspects and I think that this is why a lot of businesses actually have two managers to focus on the employees and also to focus on their customers as well and to prevent them from getting mixed up.

There are many clever businessmen who hire managers to manage business and also hire an "assistant manager" to do the same job as that of the manager who is senior. They hire assistant managers because they pay assistant managers much lower salary. They get two managers for low price in other words.

 

[BrolySSJ]

There are many clever businessmen who hire managers to manage business and also hire an "assistant manager" to do the same job as that of the manager who is senior. They hire assistant managers because they pay assistant managers much lower salary. They get two managers for low price in other words.

This can be the case, however if you take two salaries versus one salary it can be better to just pay one salary which would probably save you around 25% of the fees and expenses. However i guess that the fees and salary will be dependent on your business structure and contract as well.

 

[Lens]

The numbers of business that one man can manage depends on the size of the business. If it's a big conglomerates, then one man can only manage one business for effectiveness. If the business is small , one man should be able to manage 2 to 3 businesses.

 

[Good-Person]

This can be the case, however if you take two salaries versus one salary it can be better to just pay one salary which would probably save you around 25% of the fees and expenses. However i guess that the fees and salary will be dependent on your business structure and contract as well.

I do agree with you. However, there are certain times when the business owners realize that one manager alone is not able to tackle the business, so they hire another "Assistant manager" to "assist" the senior managers. There are many restaurnats in my city where you can find additional managers who work for low salaries.

 

[BrolySSJ]

I do agree with you. However, there are certain times when the business owners realize that one manager alone is not able to tackle the business, so they hire another "Assistant manager" to "assist" the senior managers. There are many restaurnats in my city where you can find additional managers who work for low salaries.

I see what you are saying. In the case of a restaurant i have seen this as well, and there are many people that will work the floor as the manager and monitor the waiters and so forth and this can work out well if you have the capital to do so.

 

[Dagm1]

It depends upon the kind of company. If you are actually performing on the internet companies, it is actually feasible to handle greater than 3 companies. However it perhaps challenging to handle greater than 3 companies each time to prevent malpractice.

 

[eLdavis]

I do agree with you. However, there are certain times when the business owners realize that one manager alone is not able to tackle the business, so they hire another "Assistant manager" to "assist" the senior managers. There are many restaurnats in my city where you can find additional managers who work for low salaries.

I have seen alot for companies and organization that also uses these methods to carry out a stable work force and ensure everything goes well in the work place.