It depends on what type of business you want to go into. Some people will have only a Grade 10 education (or, in the early 1900s lucky to have an 8th Grade education.) Now we can take business courses and it's always best to get a good accountant (CGA) to do the taxes at the end of the year so you must keep up your bookkeeping skills and be sure you pay all taxes and also keep receipts of business transactions and also learn the skills of possibly becoming an employer and what the rmployees rights are. Many people with a lower education have become millionaires by trial and error. good connections and a whole lot of luck. I have also heard (my husband is in the yacht business) that many millionaires have lost millions to gain millions and some lost so much they had to start from scratch. Sometimes it's a good idea (gives you an edge) to have a close and trusted friend become a partner with you and to be sure your partnership is drawn-up in contract by a lawyer. Often a partner may die and the other partner is left holding the bag, or, in many cases the spouse of the deceased may want to sell that share of the business. Take business courses and learns the ins and outs of business. Be sure you pick a good business (eg: computer games, technical, computer work for different companies (in home business which makes for a low over-head) etc.) It sounds mind-boggling, but, if you love what you do you'll usually be quite surprised at how well you do. Study the market out in the business world and see what's hopping and what isn't. Remember to always keep some spare cash in a special account for emergencies and don't start your business too quickly. I live in Canada and two young women started selling Mukluks (they are leather with fur on the top and come up to just below the knee) and decided to dye some of the leather in beautiful pastel colors. They not only wore them wherever they went, but sold them at Kiosks (small stands in malls) and sold door-to-door. Before they knew it women were coming up to them on the street and ordering and they had a thriving business and so much so, they were racing around getting much more help to get their orders out. The lady who wrote the Harry Potter books is another great story. She lives in England and while married she loved to write these stories as a hobby and when her husband walked out on her and she was left destitute her best friend told her to send one of her written stories in to a publisher and the rest is history. Most of the successful people out there have a lot of help and aren't always the brains behind the success (they hire people to do this.)
You need to know the business field that you want to try. You must know your advantage and what you lack of about the field.
From Business Growth Specialist, Ford Saeks:
"Your first place should be to have an idea that solves a problem... Next, you should develop your business plan so you can identify your revenue model, target prospects, menu of products and services and financial needs and projections.
The quickest way to bankruptcy is to "find a need and fill it". Yes, you read that correctly... because people don't buy what they need... they buy what they want... so "find a 'want' and fill it."
Here's a quick list of considerations (not all inclusive)
In some countries, especially the United Kingdom, there is special government support for new businesses. New businesses can receive grants or funding from the government, since new small businesses are a quick way to get countries out of the recession. Have a chat with a representative at your local government office, in the UK, you can visit the local Department of Works and Pensions branch to speak to someone for this advice.
you probably need to major in business
There is no minimum or maximum education required for a singing career. Even small children who have not yet started school can launch a successful singing career.
According to Salary.com, the average income of a small business owner as of 2006 was $233,600.
B.Tech in architecture or in civil engineering are required to become architecture [iimtindia.net]
The employer/repair shop is required to have a repair license not an employee.
Education shows that a potential employee has knowledge and experience, is dedicated, and has the capacity to learn. If you aren't educated, how are you to perform your job?
There are no educational requirements for being a business owner. However, one of the major reasons why businesses fail is a lack of business education.
It's not required.
Yes.
A company, or business owner, is required to submit an annual return to Companies House. They must file their return 28 days before their annual anniversary.
There is no universally agreed-upon level of education required to manage a business. However, most people hired for such roles will have a master degree in business administration or equivalent.
The education that is required to become a doctor of business administration would be a degree known as a DBA. This is equivalent to a PhD and is a research doctorate.
There is no one type of education needed for running a business. The better question is what qualities are needed in running a business.....PERSEVERANCE....SALES....NETWORKING...you can usually outsource the accounting, manufacturing.
Journalism is more about writing than it is about business. Business education would not be required, although it might help if you intended to write about business, perhaps as a business columnist.
None. My Grandfather owns a thriving business (The Tech Group) and he never when to collage. None. I know a person who started a business off of no collage education and he is now a millionaire. But then again he is one in a million.
hi this is umapathi raja , i graduated master in business administration. according to my view positive attitude is most important to any business as well as daily life. and education is not important to business success, many celebritys they dont have higher education , but now they are in higher position in the business. so education is not important to success business. thanking you, your's umapathi raja
Depending on the business it may not be legaly required. It is a very good idea though incase you do get sued.
a business owner