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

[cowantussie]

Essential business skills
Financial management. Being able to effectively manage your finances is critical.
Marketing, sales and customer service.
Communication and negotiation.
Leadership.
Project management and planning.
Delegation and time management.
Problem solving.
Networking.

 

[Trexxxy]

You can't only rely on book knowledge, I think you could learn first, just to gain some much needed experience, before starting your own shop. You also need some people management knowledge.

 

[Kunkun]

Well said, all the knowledge you listed are no doubt beneficial when starting and running a business, also one must also have financial knowledge too to successfully manage a business

 

[Justin]

The only knowledge that you need is to hire good people for your business. If you can hire good workers for your business, your business will be successful

 

[Jlife]

The most important knowledge that is necessary to succeed in business is the ability to manage a business successfully, about from management ability to organise and control your business to deliver the best services is the most important thing.

 

[Richard92]

The most important knowledge that is necessary to succeed in business is the ability to manage a business successfully, about from management ability to organise and control your business to deliver the best services is the most important thing.

Most of the knowledge you need to become a successful businessman is for you to have a good and requisite knowledge about the kind of business you want to start and also have plan which will be your guidance in terms of executing a particular business.

 

[Jlife]

Most of the knowledge you need to become a successful businessman is for you to have a good and requisite knowledge about the kind of business you want to start and also have plan which will be your guidance in terms of executing a particular business.

About from plan,there are other things we all need to consider because if you have a lot of plan about a business without money then it is useless ,therefore money is another thing we need to consider to be successful in business.

 

[Richard92]

About from plan,there are other things we all need to consider because if you have a lot of plan about a business without money then it is useless ,therefore money is another thing we need to consider to be successful in business.

Most of the knowledge you need to be successful in a business is innovative and creative knowledge with these knowledge your style of business will be unique and your products will be different from others in the market.

 

[Josemendez]

Most of the knowledge you need to become a successful businessman is for you to have a good and requisite knowledge about the kind of business you want to start and also have plan which will be your guidance in terms of executing a particular business.

You said it well because one may have enough money but because he lacks enough knowledge in the particular business , he will not so well in the business

 

[Jlife]

Most of the knowledge you need to be successful in a business is innovative and creative knowledge with these knowledge your style of business will be unique and your products will be different from others in the market.

but some business in this world are failing ,don't you think they do not make an adequate preparation for this ? A lot of business fail some could be a location issue , Some business closed down because they do not have easy access to raw materials.

 

[topfly007]

Managerial knowledge is certainly one of the very knowledge required for a business success. This is so because it puts one in the position to know to take calculated actions

 

[Justin]

Skills and knowledge you need for business always depend on the type and size of the business. You should always have relevant skills for the kind of business you re trying to run.

 

[GIFTMICHAEL]

As an entrepreneur you ought to know the do's and don'ts in a particular business plan you choose. Have a better plan, be visionary to run the business for long time.

 

[Kelly5]

The types of knowledge you will need to be sucesful on your business include the customer relationship knowledge, how to be a good marketer. And how to relate properly with your staff members

 

[Ralphjoe]

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?

Out of all this knowledge that you have made mention of business knowledge is one of the knowledge that I would want to have so that I can establish my business and make it more successful. The acquisition of this knowledge is on my priority list.

 

[eLdavis]

The knowledge you have to start a business is very important, without the required business knowledge and ideas, the business is in danger of running at loss, the business might actually go bankrupt without it

And you can only get this knowledge by making personal research of your own. Do not totally rely on what others say but take time and search,find out how others have coped in this business and the mistakes they made

 

[Emmy]

For a business to be successful, you require to be educated. When you're elite and can speak English fluently, then you'll be to have good communication with your customers.

 

[GoldenLady]

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?

Experience is most important, though it comes as a result of putting all the other types of knowledge together.

With time, one learns to do things in a way that will work out, and you get more knowledge and experience along the way.

 

[Dowenship]

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?

Well rightly you must be educated or educate yourself with people experience regarding the business, and also always exercise patience in the business when you start.

 

[Robust]

Knowledge to start a business is very important and this knowledge may be knowledge of the business, knowledge of the location, knowledge of your customer and others.