When a functional manager is needed

Discuss my database trends and their role in business.
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subornaakter20
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Joined: Mon Dec 23, 2024 3:53 am

When a functional manager is needed

Post by subornaakter20 »

When running a small business, the responsibility lies with one manager, who is the leader, and for subordinates, both mother and father, and support. However, when the business reaches the top point of profitability and can no longer grow by a certain percentage annually, the following problematic moments arise:

Clients
There are many clients, they are different buy bitcoin email list and require individual approaches. For example, in the B2B sphere there may be dealers (reselling), project partners (using your product/service for their final product), large retail chains (companies with their own contract, technology and unique criteria for choosing products for resale), as well as online markets, electronic platforms, industrial enterprises, government agencies, regional partners with their own characteristics and so on ad infinitum. Your action on the market knows no limits.

Financial affairs
Strategic interaction between income and expenditure budgeting and cash flow management is recommended to begin from the start, but over time there will be a clear distinction between management and financial accounting. Reporting will be supplemented by collecting information on financial risks, analyzing profit distribution, optimizing taxation and managing credit. There is a lot of work here.

Logistics and procurement
If you have only one warehouse, located, to put it simply, on three shelves in a garage, and two or three suppliers who have to be paid in advance, your attention, if the processes are properly and systematically organized, is quite sufficient.

When expanding the range of goods to several hundred items, increasing the number of suppliers, including foreign ones, various delivery methods, having several warehouses in different cities and the obligation to organize delivery to customers without a clear sales forecast, there is a risk of financial damage. Therefore, it is important to have a flexible structure of production processes.

In addition, it is necessary to pay attention to interaction with the market and effective coordination of sales and marketing departments. There is a need for specialization and in-depth analysis of market competition.
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