Thursday, August 30, 2012

How a College Education can Boost your Business's Success | The ...

Entrepreneurs seeking to start their own businesses are often presented with a slew of challenges that even years of experience can?t foresee. Getting the right degree ? or hiring those with the right education ? is an important part of building a successful business.

For members of the construction industry who are hoping to advance their careers, a construction management degree is a good option. If you are a nontraditional student considering college, you may benefit from online classes. Individual classes can also be a good way for seasoned business leaders to brush up on their skills. For the budding entrepreneur, a few good classes could provide the knowledge necessary to take an idea from concept to reality. Whatever the case, the right education is an investment that yields high returns.

For small business owners or entrepreneurs who are seeking to advance their knowledge, individual classes taken at a non-degree-seeking level can boost development and offer confidence. Even if you aren?t interested in signing up for a college class, there a many free online classes available in business studies.

Entrepreneurship ? Classes in entrepreneurship cover the finances of funding a startup as well as the dynamics of including a partner. By researching examples of both successful and faulty startups, the aspiring entrepreneur can better choose his approach to his new business plan.

Economics ? Because the goal of any business is to become profitable and self-sustaining, a thorough understanding of economics is a great asset for the small business leader. An economics course can boost critical thinking and problem-solving skills; and it will supply students with working knowledge of the mathematics that govern the flow of money and profit.

Communications ? In a world that is becoming immersed in communication outlets, it is important that business leaders be confident in communicating across multiple platforms. Business leaders are required to make public statements, draft mission statements and correspond via e-mail and telephone constantly. If anything, a good communications class can help a leader build the confidence needed to stand in the public eye.

Statistics ? Even if you have your own accountant, becoming familiar with statistics is a marketable skill. Understanding statistics is essentially the ability to look at a group of numbers and surmise a story. For the business leader, taking that understanding to the next level is analyzing how those statistics affect your business. Statistics are often used in making predictions, planning and forecasting.

Psychology ? Understanding human behavior is extremely helpful for business leaders who are required to participate in prolonged social behavior. Psychology comes in handy when managing employees or interacting with clients. The study of psychology could also lead you to squelch your own bad habits or thoughts as well, boosting your mental health and paving the road for a successful future.

Marketing ? Most young businesses don?t have the resources to hire a professional marketing team, but advertising is one of the most important aspects of building a customer base. As consumers, we are inundated with advertisements throughout our day, but most of us are oblivious to the techniques that create impactful messages. A marketing class is an excellent way to gain professional insight and to obtain the knowledge necessary to launch a successful campaign.

Katheryn Rivas is a prolific freelance writer and professional blogger who frequently contributes to onlineuniversities.com as well as other education and technology sites. If you have any comments or questions, drop Katheryn a line at katherynrivas87@gmail.com.

Source: http://www.servicemagicproconnection.com/how-a-college-education-can-boost-your-businesss-success/?utm_source=rss&utm_medium=rss&utm_campaign=how-a-college-education-can-boost-your-businesss-success

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