What kind of education should I recieve prior to running a small business?

Question

I would like to run a small business and am looking for help in receiving the right kind of education?

Answer 1

Accounting for sure. Both financial and managerial. Pretty much mandatory if you want to have any kind of grip on the financial success of your company. A lot of small business failures occur because the operation runs out of money, often not projecting the kind of cashflows needed to sustain. I've consulted on many small businesses and frequently find an abundance of goofy ways people calculate things that led them to fail. By then it's too late. Basic accounting teaches you to be aware of this stuff from day one.

Other than accounting, all other areas are debatable whether being worthwhile or not, largely depending on what type of company you are.

Answer 2

Forget approximately the entire canned informations given to this point, all philosophy which promisses miracles. You are flying over the Atlantic, you obtained a ruptured tank, on the price you're despersing gas, you can not make it to the closest touchdown strip. This are the stipulations of many small firms on the second on this downturn. Remedy One, jettison all needless additional fees, adding firing employees that will not do any harm the sale dept. Two, make certain you determine a coverage that regardless of how unfair is a purchaser in his needs make certain he lives your retailer continually with a grin, even if a transaction will effect in a web loss for the shop. Three, get your customer DPT. to get busy and make certain they are going to procure the cheapest first-rate products available in the market, incentivy them with additional bonuses, even though you ought to get your products from Timbuctu, and go at the reduced costs directly to the shoppers. Four, Incentivie your shoppers to carry a buddy by means of delivering him a reduction, and pamper his buddy as good, maybe with a small reward? Five, If feasible keep a further our or 2 open everyday. Six, scale back to your application costs Seven, have a employees assembly allow them to understand that the trouble is important, and so they ought to take exstra care that now not a unmarried purchaser be permit out of the shop except he's wholly convinced of the great carrier bought, and to make certain that it doesn't matter what, they ought to preserve the ones shoppers comfortable continuously, recognising that the one resources they particularly have are the comfortable shoppers, and tell the employees that any relation of theirs that they are going to carry to your online business, they are going to get a reduction, as good as incomes the employees paid holliday credit ( to be discovered) Eight, have one more seem at you promoting price range, make certain the provides are bringing industry, if now not rethink a inexpensive and a much more agressive variety of advertisements. Nine, you're doing the very pleasant you'll be able to, however with out His support it is probably not sufficient, so pass down to your knees everyday and ask for His support. Ten, you've performed the whole lot feasible for your online business to prevail, do not fear to any extent further, keep comfy, cordial and smile to all people, fortunately.

Answer 3

Either try a community college and take some business management courses, or if you are looking to get a 4-year degree, then get it in Business.

Answer 4

heather,
visit the library , ask the librarian for books on small business start ups. find a field you like to start. work in it . intern in it.
read 'what colour is your parachute'
'48 days to work you love'
'e-myth' 'richest man in babylon'
'rich dad poor dad' 'think and grow rich , blacks choice' 'total money make over' and a bout a dozen other books.
understand going to a 4 year college will teach you how to work for someone else. not be a business person. 2 year colleges have classes in continuing educ for small business thats where you need to look. don't invest 4 years and 20-40,000$ to work for some one.

Answer 5

A degree in business management would benefit you greatly

Answer 6

Business management and accounting.