FreeClicksAustralia

something that i find might be useful...

Management

_ capacity to envision your coporate future: size and complexity, product lines, and finanical position

_ ability to determine the methods of growth that will lead to your vision of the firm

_ ability to structure the firm's record-keeping system so that growth can be built on the foundation of past performances

_ understanding methods you can use to keep your knowledge of environmental, legal, and social changes that could affect business growth

_ ability to interview and hire employees who are qualified to play a role in your vision of the firm

_ ability to discern those tasks that can delegated; willingness to allow others to take responsibility

_ understanding of business and product life cycles and ability to manage or supervise the management of chaning strategies for life stages

_ knowledge of and participation in the industry you serve

_ knowledge of management information sources and assistance

Marketing

_ knowledge of how to postion your firm in a competitive market so that your customers view your company and products as unique

_ ability to forecast changes in target markets

_ understanding the ways in which the many elements of marketing are interreelated for impact on customers purchases

_ ability to analyze advertising impact and perform both a quantitative and qualitative evaluation of media choices

_ ability to budget marketing by comparing industry standards with your own firm's competitive and financial situation

_ capability of predicting customer's response to advertising strategies and advertisement content

_ knowledge of marketing information sources and assistance

financial

_ development of a strong banking relationship that allow personal attention and timely financing when it is needed

_ ability to read and interpret financial statements

_ understnading the causes of low profits such as inadequate expenses control, high interest, and low sale volume; ablitiy to analyze the outcomes of these problems.

_ establishing price correctly for industry standards, customer acceptance, profitablitiy

_ capability of calculating key financial ratios and determing trends affecting business growth

_ ability to accurately assess financial needs for growth

_ understanding of the impact of fast growth on each area of corporate operation

_ knowledge of debt structing

_ understanding of all the method of cost containment

_ knowledge of sources of information and assistance with finanical management





get your business growing!!!! haha.

chocoguy

You got some great information there. It is nice of you to share it. I will try to use this on my online business. Thank you!