Greetings! Welcome to my fourth blog post! Today, we will begin exploring the world of business. A business career opens the door to numerous industries. Business professionals in management, finance, marketing, or entrepreneurship play a crucial role in the success of companies and organizations. We'll review the duties, skills, knowledge, and characteristics needed to run a successful business.
In the "Launch your business" article from the US small business administration website, outlines that business professionals perform various duties depending on their specific roles and industry. We will focus on business executives, as they are the people who run businesses as a whole. They are also called chief executive officers (CEOS). Business executives are in charge of their organization. They create and review company goals. They work closely with a team of upper-level staff or assistants to achieve company goals. They meet with the managers of all the departments and get progress reports. Their duties are organizing programs to meet objectives, directing the organization's finances and budgeting to keep the organization operating, serving on the board of directors, and promoting economic growth. In order to create a good & successful business you must conduct market research, write your business plan, pick and fund your business location, choose the business structure, among many others.
According to the "Business executives" from WOIS, one of the most important skills needed to run a successful business and succeed as a business executive is communication; you must be able to speak and write clearly so listeners can understand. Reason and problem-solving: You must be able to analyze ideas and use logic to determine their strengths and weaknesses and what needs changing to reach specific goals and advance in your business. Utilizing basic skills like math and science is also essential since you will be working in financial management, marketing, and sales , alongside operating managers. Being able to manage oneself is also vital as you can motivate, develop, and direct people as they work.
"A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan as a roadmap to structure, run, and grow your new business. It’s a way to think through the key elements of your business." "Launch your business"
As stated in the "Business and Financial Occupations" article from the US Bureau of Labor and Statistics, related jobs in the business field are advertising managers, educational administrators, financial managers, marketing managers, producers, and directors. Individuals can build a successful and fulfilling career in the business world by developing the necessary skills, knowledge, and characteristics.
Works Cited:
“Business and Financial Occupations.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, 17 Jan. 2025, www.bls.gov/ooh/business-and-financial/home.htm.
“Business Executives.” Wa.Cis360.Org, wa.cis360.org/app/3/tiles/careers-details/occCareer?occid=100262&occname=Business+Executives&inx=title. Accessed 23 Feb. 2025.
Business. Pxhere, https://pxhere.com/en/photo/1563803. Accessed 27 Feb. 2025.
“Launch Your Business.” U.S. Small Business Administration, www.sba.gov/business-guide/launch-your-business. Accessed 23 Feb. 2025.
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