Running a business
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Transcript of Running a business
![Page 1: Running a business](https://reader035.fdocuments.net/reader035/viewer/2022062718/56812bce550346895d902963/html5/thumbnails/1.jpg)
Running a businessSkills & Experiences
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What is business?
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What is business?
Business management is common sense
Business success comes from productivity, productivity comes from focused goals.
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What is running a business all about?
Set your goals
Communicate your goals
Achieve your goals
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Set your goals
Budgeting & Financials
Customer Service
Expansion & Innovation
![Page 7: Running a business](https://reader035.fdocuments.net/reader035/viewer/2022062718/56812bce550346895d902963/html5/thumbnails/7.jpg)
Budgeting & Financials
Revenue $500,000
Cost of Goods Sold - $200,000
Gross Margin = $300,000
Operating Cost - $200,000
Profit $100,000
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Customer Service
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Expansion & Innovation
“Look for what is missing. Many know how to improve what’s there; few can see what isn’t there.”
– Swanson’s UnWritten Rules of Management
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Communicate your goals
Building relationships:
Employees
Clients
Partners
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Employees
![Page 12: Running a business](https://reader035.fdocuments.net/reader035/viewer/2022062718/56812bce550346895d902963/html5/thumbnails/12.jpg)
Employees
Communicate your goals in writing
Be the boss to whom your employees can tell it like it is
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Clients
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Partners
![Page 15: Running a business](https://reader035.fdocuments.net/reader035/viewer/2022062718/56812bce550346895d902963/html5/thumbnails/15.jpg)
Achieve your goals
Product
Sales & Marketing
Operations
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Product
![Page 17: Running a business](https://reader035.fdocuments.net/reader035/viewer/2022062718/56812bce550346895d902963/html5/thumbnails/17.jpg)
Marketing
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Operations
Seamless system
Easy – to – use
Store environment
![Page 19: Running a business](https://reader035.fdocuments.net/reader035/viewer/2022062718/56812bce550346895d902963/html5/thumbnails/19.jpg)
What is running a business all about?
Set your goals
Communicate your goals
Achieve your goals
Questions & Answers