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Mostrando las entradas de septiembre, 2020

INVESTOR´S PROFILE

For any good business it is important and essential many times to have an investor who can invest in the company economically or strategically.   An investment is important for the investor and also for the trader because if an agreement is reached both sides would be the pillars of the company and would be responsible for bringing it to a very high and good position. To look for an investor we have to be aware of what we are looking for in it.   We need to conduct an investigation in which you evaluate all the questions and points of view that may be presented to you regarding your role in your company. It should also be more than clear why you are looking for an investor. Since if you are looking for a strategy you will not go with a rich investor without so much experience, you should go to that investor who has a good record in which he has been an important pillar in each area of his companies or businesses. It is also important to take into account his trajectory and oth...

NEGOTIATION

In a negotiation, it is important to bear in mind the following:  In a negotiation both sides should benefit.   By this I mean that both sides must come to an agreement in which it is good for both positions and their profits are equal in terms of their business.   This type of profit or exchange can be by means of money that the investor gives to a trader in exchange for a part of his company so that he can also reach an agreement in which both sides p articipate and lead the business very high. A trader should always keep in mind that he can’t just come and ask for money without first having done a thorough analysis and take statistics to present his project to an investor.   A real dealer interested in getting partners should be prepared for any questions the partner may have about your company.   And of course, once you have all this, the most important thing is to know how to negotiate.   You have to be very persuasive with the investor and  convi...

Marketing mix

Marketing mix just as the name says it is a mix of all the factors that can be controlled by the company for your benefit and to increase sales of the products. It is also a general analysis of the whole company to evaluate and consider outstanding and important points that can give a boost to the company’s sales. The marketing mix consists of 4 variables that are the following: Product: the product is what a company or business offers to satisfy its customers. In the product what sells most is the presentation with which it is presented in the store to the public. The product must satisfy the needs and tastes of its customers. I consider the product to be the most important thing since the presentation sells to the product. Price: the price is very important because it is not only about giving a price to the customer. A market study should be conducted and compared with other products to assess their price. It should be accurate and correct as this will define whether or not the custo...

SWOT ANALYSIS

I decided to do the next swot analysis blog as it is essential in any project for a company. This analysis allows the company to self-evaluate itself to reinforce what they are good and work on what is difficult for them. As well as looking for areas of opportunity. With this analysis, it will be possible to identify the internal and external aspects that have the most impact, so that there is a global vision that allows developing future strategies to mitigate risks and strengthen the positive aspects. The SWOT analysis is called this way by its initials S of strength, W of weakness, O of opportunity and T of threat.I will explain briefly what each one is: Strength is something in which we are good or that is facilitated to us but as everything good we have to strengthen it more and more until achieving excellence. It is a strength and advantage that we have in the future situations of conflict in the company. Weakness is something we are not good at or it is difficult for us...

Canvas Model

  For this blog I would like to talk about this topic as I totally attract my attention as I had never heard about it. I consider it super important and can be of utmost importance and utility for anyone who wants to start a business but due to the limited budget you have need of someone else who is willing to invest in the and your project. The canvas model is a template that features key partners, key activities, ker resources, value propositions, customer relationships, channels, customer segments. Next I will explain a little more in depth what this model is about and why I think it is important to implement it. Key partners : are all those partners with whom an agreement is reached in which both parties win and benefit. They are those who invest in the project that is proposed to them. They can help financially and with general support to the company and the creator of it to guide you to make the best decisions for your company.  Key activities : are all those primary act...

BASIC ADMINISTRATIVE FUNCTIONS

Today we saw a very interesting topic in class, since it is important for everyone to know about the subject and constantly inform themselves about how to cope with a business, whether large or small. The basic administrative functions are the following: PLANNING: Planning for a company is very important since, based on what is planned, important actions and decisions are taken for the future of the company. Planning requires market studies and general studies of such a company, so it is important to carry out this part with great determination. ORGANIZING: The organization is essential in a business since with the organization projects and work can be carried out in an orderly and correct way, without committing future mistakes or decisions for the work or company.  For example, in a business there are different jobs since there are different personalities and specialties in which some workers are better than others and that is why there are different tasks and positions. LEADING:...

Model of managerial competencies

This time I want to talk about what I think the Model of Managerial Competencies is and I hope to be close to the concepts of this model. The model of managerial competencies consist of the following points: COMMUNICATION- I think that communication is something of the utmost importance in all kinds of business since in this way you express and communicate what you think about the business and the areas of opportunity. I think that communication is an important part of the model because it refers at the all the organization that a manager should have to manage the business in a good way to succeed. PLANNING- for a manager planning is very important as it helps us to organize ourselves to avoid future problems and to look for potential skills. STRATEGIC ACTION-  is a visionary leadership to bring together all the knowledge and skills that the corporation (workers) has. AUTO-ADMINISTRATION- I think that is when someone administrates their priorities and time to work better with other...

leadership

Every business has a person who is in charge of the general management of the company. I therefore believe that it is of the utmost importance that the person in command has and should be 100 per cent prepared to take up the job and all the responsibilities that that task entails. The leader is of the utmost importance since the workers depend on him and that it is why they must give the best of them and give the best possible example so that the body of the company can always perform in the best way and give their maximum effort. Leadership is also the person who determines the enthusiasm with which the employees will work, because it depends on the way in which the employees will work because it will be reflected in the end of the day. Some tips a good leader should keep in mind are the following:   1 Set an example, as a good leader not only speaks, but also acts and teaches. 2 Be humble and accept mistakes. 3 Communicate in the best way with your co-workers. 4 Make committees o...