How many businesses can one person manage simultaneously?

[iamgroot]

Of course when you have a lot of business, you also make a lot of money. When you make a lot of money, you can get an employee or right hand that you can trust that you can entrust your business to. You don't have to stress yourself if you can get someone you can afford to pay because it is already gain a big capital.

 

[Hamza1999]

there's no limit to how many corporations or LLCs one person can form. Many entrepreneurs opt to file a new LLC or corporation for each of their startup ventures. For example, you can form an LLC for your landscaping business and another LLC for the golf course you purchased.
Give teams a long leash.
Build an ace horizontal team.
Cross-pollinate and pool resources.
Go the distance for face time.
Prioritize down time.

 

[Damismiling]

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.

Exactly when you don't know how to properly delegate duties then you are not a leader, if your absent stops the business then you are not professional, you should be able to manage as many businesses as possible, but helping hands are needed to support you

 

[Setfragil]

I don't see anything wrong if one can manage one or two businesses simultaneously. You may not necessarily be there as the owner of the business but you can always employ hands to help run the business while you just supervise. My kind contribution.

Multiple businesses are easy to manage by employing qualified people to manage the businesses on your behalf. Billionaires have so many businesses yet they manage and control them even right from the corner of their rooms.

 

[Malikshah53]

As a general rule of thumb, you typically want to do the exact opposite of what everyone else is doing. If your friends are talking about selling bonds and putting all that money in the stock market, it might be a good time to sell some stocks and buy bonds. When everyone is getting in, you should be getting out!

 

[adazeez1995]

It's very difficult to run a business, more difficult to run two businesses. The stress level would be very high on the individual. Unless the business are bug businesses, then you could employ assistance that would help you look after them while you oversee their affairs.

 

[Kehinde]

It's nearly impossible to run multiple businesses without an excellent team helping you manage your responsibilities. In some cases, it may even help to hire an assistant to help you keep track of your different responsibilities. When running multiple businesses, you want to spend time on important work.

 

[Oluwasayofunmi]

Answering the question on How many businesses can one person manage simultaneously? Well one can manage more than one business if those other businesses does not require the presence of the business owner

 

[adeniji]

One person can many business simultaneously according to his or her capacity. Someone can be CEO of many company depending on his or her capacity by marking good plan of his or her daily activities without affecting one another.

 

[Mostee501]

A single person can run multiple businesses,simply by employing managers to oversee they respective businesses,the managers will report to you directly on every update concerning the businesses. You have to sign legal agreements with the managers,incase of misconduct.

 

[Esther]

You can manage more than one business If you have the ability and the capacity to do so but you have to be careful not to mix up something's cause each will be demanding and draining your energy so you need the strength.

 

[odigomma]

While running multiple businesses is not for everyone, it can be done. Just be sure to think through the above recommendations before tackling this challenge. Consider how you work as part of the dynamic before you take on two companies (or more) at once. It's certainly never boring

 

[Oluwasube]

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.

You have spoken well. Number of business you should have should not be restricted to management. You can always employ a manager to manage your business. The least you can do is check there monthly record to be sure if you are making profit or losing a great deal

 

[francosgbados]

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?

Handling a business or more is relative, I know of a person that venture into oil, pharmaceuticals, supermarket, and also petroleum. And I have seen another person that is only known for hotels and nothing more . We have different abilities, probably because of how we were brought and the kind of academics we went through.

 

[Abid Hussain]

While running multiple businesses is not for everyone, it can be done. Be sure to think through the above recommendations only before tackling this challenge. Before competing with two companies (or more) together, consider how you work as part of the dynamic.

 

[Profwriter]

It depends on your ability to manage the business and it's even easier now in our current generation, you can make use of technology to monitor and manage your business in different locations at the same time.

 

[btaliat]

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?

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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?

I don't normally advice people to be running diffrent types of business at a time except if they are all online business. Jack of all trades will always be master of none.there will be a time when proper care won't be given to one of these businesses due to lack of time

 

[Mandypaul]

you can actually manage as many business as you can manage but you must understand that managing of more than one business will be very much stressful but you especially if you are someone above 50 years because they can actually cause depression and risk of high blood pressure.

 

[kayode10]

In my own opinion I think two two businesses is it enough for a person to manage you know how to avoid distraction. It would be more courteous when it is more than two businesses and on. But in the best case, it is good to focus on one business and make sure the business is grown to successful before moving onto another one.

 

[Fabulous]

How many business a particular person can manage or run, for me it's not advisable for one person to manage two or more business but at least if you want to do such you can hire or employ a well qualified personnel that knows and have the knowledge of run that your business.