In the common people, the word director does not always mean the same thing as legally. Most often, people understand by this word both the manager and the owner of a business, without separating these two concepts.
If we talk about small and even medium-sized businesses, then the truth is not far from the opinion of people. A business, enterprise or organization must be registered in order to avoid problems with the law. Registration of LLC and other types of enterprises is necessary for everyone who is serious about it. Indeed, it is easier for a small business owner to manage all its functions himself than to look for a professional. Moreover, the hired director also needs to be controlled, and a good professional will not work for a penny.
Unfortunately, it is not always easy to run your own business without experience, especially if before that a person was only an employee, even if in managerial positions. This is a completely different level of responsibility, additional skills and knowledge, other relationships with subordinates are needed.
First of all, the difficulty can arise with a lack of knowledge and skills, because the director of a small company is a financier, accountant, personnel officer, etc. The smaller the company, the more positions have to be combined in one person.
Therefore, before starting your own business, it makes sense to fully delve into all the areas of activity of the enterprise where you, while, work as an employee, and not be limited only to your own field of activity, in this case the path to success in your business will be much easier.
Of the skills that you will need in the first place, I would point out the following:
Advertising - almost everyone has learned to produce products, goods and services today, the question is how to convey information about your company to people, to your potential customers.
Accounting - even if you have an accountant, it is always important to check him and understand what is at stake, and no one needs unnecessary problems with the tax office.
Working with clients (negotiations) - you will have to teach your managers, but how you can teach what you don’t own, so the director of a small business has to be an expert in everything.