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

[Joseph555]

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.

 

[tyrim88]

Before getting to the knowledge used in business , we need a good business idea and a good business plan to be able to make a succesful business outcome and you also need to know about the business.

That is definitely what one would need in addition to other things,the knowledge and you interest in the business must be there,and then the market and your target customers should also be considered.

 

[Ghazi1402]

Know your business. It seems obvious, but it’s worth mentioning: successful businesspeople know what they’re doing. They’re knowledgeable about the industry in which they operate (both as it stands today and where it’s headed), and they know who their competitors are. They know how to attract customers and who the best suppliers and distributors are, and they understand the impact of technology on their business.

 

[GIFTMICHAEL]

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 run a successful business you should understand the criteria of now a days business running techniques or skills. Connect with technology as well to learn how to pay online bills related to business etc. Well aware of market fluctuations

 

[nana kwasi]

I believe that entrepreneurship knowledge is the best type of knowledge that anyone can have in order to succeed in any type of business. This information can help a lot when it comes to starting and managing a business. There is no point in you planning to start any kind of business if you lack this knowledge.

 

[Shigobad2020]

I believe that entrepreneurship knowledge is the best type of knowledge that anyone can have in order to succeed in any type of business. This information can help a lot when it comes to starting and managing a business. There is no point in you planning to start any kind of business if you lack this knowledge.

Being an entrepreneur means you know mostly all the system and the knowledge needed in order to be succesful in business and you can also be an innovator in a business.

 

[Sincerem]

One of the qualities which make a business successful is proper management. This is what many business manager are lacking. You also needs to have a positive minded people around and good mentors.

 

[Shigobad2020]

To run a successful business you should understand the criteria of now a days business running techniques or skills. Connect with technology as well to learn how to pay online bills related to business etc. Well aware of market fluctuations

In order to be succesful to be succesful in your act of business , you must have a good business plan and also be able to manage your business and not mismanage you business fund .

 

[Ayojesu]

you need all the valuable knowledge you can get to attain success in that business, go and enroll in a business school, be an apprentice, have mentors, and practice what you are learning

 

[Connor909]

You need a blend of hard and soft abilities in order to succeed in business. Hard skills are specialized knowledge and abilities relevant to a given job or sector. Accounting, coding, web design, marketing, and project management are a few examples of hard abilities. On the other side, interpersonal abilities and talents, including leadership, problem-solving, communication, and adaptation, are referred to as "soft skills."

 

[Heatman]

In other to be very successful in your business you have some basic knowledge which Will take you far. As a business owner you have to be creative and inovative, this helps is business strategies. With your create and inovative skill you can beat your compititors in business. You build your business ideas with new innovation, and you make sure you are always moving with the trends in market.

Business creativity helps you to have your products designed in a way that it's always going to be interesting to your customers and not boring in the market, which is going to help to promote the products in its number of sales everyday.