Tag: Core skills

Core skills for your business

Grasp of finances

Numbers, numbers, and numbers – make number crunching a fun. You know numbers – your date of birth, anniversary, your Identity Card number, bank account, and so on
You need to be able to grasp balance sheets, profit and loss sheets, and do basic bookkeeping. You can’t escape numbers in business. You don’t need to be an accountant though
Understand business models and pricing
You can always get an accountant to do the fiddly stuff. However, you need to know what’s going on
It’s your business and you would regret to leave its most vital workings entirely in someone else’s hands. You have to be hands-on

Communication

Communication is the lifeline of any business – everything from negotiating to coming up with a strong PR plan for attracting people into your business or to boosting staff morale
Communicate effectively with suppliers, employees, customers and investors…

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