Turnarounds and restructurings are not for the faint of heart...
Friday, December 28, 2012
Ways to Run a Business
Running a business can be rewarding and frustrating. The degree to which your business runs smoothly, and the amount of enjoyment you get from owning it, relates directly to the ways you choose to run your business. Every small business owner should follow a few rules that can help to make running a business a more rewarding experience.
Listen to Advice
Although it is your business and you know what results you are looking for, there are plenty of experienced small business owners you could get good advice from, according to the article titled &quot;Ten Rules for Running Your Own Business&quot; found on the Entrepreneur Support website. Listen to advice from those that have experience in running their own business, and see if you can find ways to incorporate that advice into the way you run your business.
Sam Walton started Wal-Mart, and his article &quot;10 Rules for Building a Successful Business&quot; published on the Power Home Biz website, Walton reminds small business owners to stay dedicated to making their business a success. Whatever shortcomings a business owner may have can be overcome by determination and the ability to recognize the need to rely on people with more knowledge in certain areas than the business owner does.
Be the Boss
One of the things that helps a business run smoothly is to establish the proper relationships immediately, according to the article titled &quot;How to Run a Family Business&quot; published in &quot;Inc.&quot; magazine. Whether you are hiring friends, family members or total strangers, you need to take command of the business and let everyone know that you are in charge. Without establishing yourself as the leader, you will not be able to build your business the way you want to.