Skills for running a business

You and your team need certain skills to run your business successfully. You should be able to communicate effectively, manage people and understand what is best for your business in challenging situations.

It's a good idea to identify the skills you and your staff already have, so you can understand the strengths or weaknesses of your team.

If you discover a skills shortage, you can either upskill your existing staff (including yourself), or seek those skills externally, by recruiting new staff or contractors, or by outsourcing specific tasks.

This guide explains the skills you need to run a successful business, how to identify existing skills within your team, where you may need training or outside help, and how to seek skills externally.

Last reviewed
May 16, 2014

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