Small Business as We Do!

The basic purpose to start a setup of small business is to prove that entrepreneurs can we successful at their first step towards a successful small business. The main role and responsibility of small business is to cater niche segment and to full-fill all the requirements of newly established firms at a lower budget.

Part – IV

What will be Your Role?

Small business means less resources with big dreams to make reality. This need patience, hardworking and consistent struggle. Small business need strict rules to follow otherwise things will become out of control and result will be a failure. To keep things in control and financially feasible, most of the time small business owners has to play many roles from Strategic Planning to Supervision. Time management, proper documentation, reports mechanism and controls make it easy to adapt all kind of roles.

Businesses normally has following areas to manage.

1.  Human Resource management.

2.  Financial Management.

3.  Sales and Marketing.

4. Client Relationship Management.

Depending upon the requirement and financial conditions, small business owners may hire persons to look after the areas or part of the areas mentioned above. However, at the top of these small business owner himself has to watch.

Human resource role in any organization can be divided in to three categories.

1. Director, the one who can foresee the future both in terms of opportunities and issues.

2. Manager, the one whose main concern to keep things moving to achieve the targets.

3. Worker, the one who is mostly focused on what is in hand and give-up whenever there is any hurdle.

Most of the time small business owner has to adapt the role of any one mentioned above. He or She act as Director and at the same time be on floor to help the team as their Managers and in case of emergency or situational requirement they are in field to work with the team.

Small business owner can not afford to hesitate doing anything. They cannot confine themselves to a particular rigid set of responsibilities. They need to have an open mind to accept any position any time to keep things moving.

Let’s work!

Writer, Shahid H. Qadri is Founder, CEO of PNTGlobal.com, small business dealing in IT enabled services since last eighteen years.