Type of Knowledge you need to be successful in doing business.

[Fatima]

Success in business could be linked up to how much knowledge and experience you have squired, we have some fundamental knowledge of business that you need to know and be familiar with as an entrepreneur, then with time you must also aquire some professional knowledge on the running of the business

 

[Lawal]

You need to take good knowledge about the business you want to do for the business to be successful moreover you also need the knowledge and ideas about the business and also he should have a good manager to help him about,you can also make sure that you have good knowledge about your business

 

[Victor72]

There are many type of knowledge you need to be successful in doing business but the most important thing is that you must learn how to manage when it comes to business.

 

[tyrim88]

Another knowledge you need to know,is the financial knowledge on how to properly manage the finances of the business.
You need to know the cash inflow and the expenses made,either on daily and revieing it periodically to know how healthy the business is.

 

[Adebola]

For one to be successful in business he or she must have a very good basic managerial skills. He must have knowledge of how to run that particular bussiness

 

[Kingsley]

There are somany type of skills that is required when one is trying to get involved in starting or running a business successfully, basic one will require a very good marketing skill and have a very good customer friendly nature. Then one must be good in recording business transactions.

 

[Ayokex]

Some key knowledge every business owner should have to be successful in the business include but not limited to;
Customers management
Human resource management
Overall business management
Creativity etc.

 

[Setfragil]

The type of knowledge you need to be successful in any business is the knowledge you acquired through education or through apprenticeships these knowledge gives you a edge among your peers that you are in the same line of business by doing things better than they do their own.

 

[Richard92]

If you want to be successful in business you need to know everything that is to know about that particular business. You need to know how to strategise and plan a business, the amount of capital you need, a good marketing skill and your target audience.

also need good interpersonal communication skills in order for your business to be successful because communication help to sell your business more to build Goodwill between you and your customer.

 

[Mostee501]

The type of knowledge you need to become successful in a business is the knowledge of an entrepreneur and also from attending seminars and workshops.

 

[Setho]

Thank you very much for this piece. I think people so much underage that particular building and selling not even knowing that it is in fact one of the most important.

 

[Maphalle]

Research about the business you're about to start, have the knowledge of your business. The kind of clients you need to have, the location of your business. If it's already running make sure you know everything happening within the business.

 

[Josephjossy]

You need to have a good knowledge of the business you want to start, don't just have the basic knowledge. Have the full knowledge of the business. You need to understand the business from inside and outside. To be able to run the business.

 

[Chibson]

Knowledge is the most important factor in running any business. the level of knowledge you have the can means the level in which the business will go.

 

[Eodine]

To be successful in business, it is important that you know the numbers well. You know in that case you will benefit and in which surah you will be at a loss. You must have Burns Administration Skills for this job.

I'm guessing that's where know your customer comes in because that kyc is a platform that helps organisations get details of their customers to have an edge in business.

 

[Chibson]

It is very important for you to I have proper knowledge of any business you want to venture into. Research is very important for anyone who wants to be very successful business.

 

[FreshKaz11]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

To become a successful business owner I think one need this knowledge as well a marketing strategy knowledge with that you will train your workers more about it and at the end you people we gain more customers to the business.

 

[Jlife]

yes all those things are necessary but in general management is one of the most important skill that is needed to run a business,a potential business organisation with no good management skill is not likely to succeed, I just consider management has the first of it all.

 

[richee84]

To be a successful business man/woman require someone to have some quality as u have mention above. All the qualities listed above by u are very keep to the success of any business but also one must have managerial skill. This will help in the coordinating of all other factors of production.

 

[eLdavis]

For your business to actually grow and be successful, you should also get some knowledge on how to cope and deal with competition. In every business you should be prepared of competition even when there is none so you would not be taken on awares.