What Are The Pros & Cons Of Being A Business Manager?

Many people find the path of a business manager an extremely appealing venture. It’s a chance for you to take charge, and demonstrate your leadership and management skills. There are many rewarding aspects of being a business manager that aren’t just reserved to financial gain, it’s an opportunity to build a team of workers, and lead with your vision. 

But, like with any job title, there are pros and cons when it comes to the career itself. Not everything about being a business manager is appealing, and it can be an incredibly successful job. 

If you’ve been considering undertaking this career path, and want to find out a little more about whether or not it might be a good fit, keep reading, as we take a look below. 

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What Is A Business Manager? 

Before we jump straight into our pros and cons, first, let’s take a look at what exactly a business manager does. 

A business manager essentially oversees everything to do with a particular business, to make sure that it’s operating smoothly and achieving financial goals. 

They oversee everything from employee productivity to day to day operations, and conducting a lot of problem solving. If a company is in trouble, or there’s any kind of concern, the business manager is responsible for rectifying these issues. 

There are three key types of business managers: 

• Office Managers - These people will be responsible for managing a company within an office setting. They’ll do a lot of project management, which means making sure that projects are completed in due time, and making sure that the projects are within the company’s budget. 

• Sales Managers - Sales managers differ in the sense that they’re responsible for boosting sales within the company. They closely assess items such as cost to see if they can make the business more profitable. They will typically work closely with the sales department. 

• Operations Manager - Every company needs a good operational manager, these people are responsible for making sure that the HR department runs smoothly. They’ll be in charge of any hirings within the company, as well as terminations. 

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The Pros Of Being A Business Manager 

Now, let’s move on to discuss some of the pros associated with being a business manager. 

Autonomy

Many people who are business managers will be completely autonomous, which means that they work for themselves. This is a highly appealing aspect of the job for many people, as it means that they don’t have any overhead employers to answer to. 

They can follow their vision for the company the way they think it should be followed. 

Finance 

Another motivating force for many when it comes to being a business manager is remuneration. This essentially means that they are getting paid the most out of anyone in the company. Indeed, the financial aspect of being a business manager can be highly lucrative. 

Authority

One of the most appealing aspects of being a business manager is that you have authority over those around you. If there’s something happening in the company that you don’t like, you can simply change it without having anybody to answer to. 

You are in charge of delegating tasks within a group of people, and help them to work effectively as a team in order to achieve company goals. 

In addition to this, people often value titles within work situations. Business managers have a natural sense of authority over those around them. 

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Passion 

Oftentimes, we’re forced into a specific career that doesn’t really feed our passion. But, being a business manager means that you get to choose your point of interest, including the products or services you’re selling. 

You get to choose something which is uniquely curated by you, and this makes the job far more rewarding and enjoyable. You get to see the fruits of your labors, as other people engage with the business that you’ve created. 

Also read: Employee Motivation Strategies

The Cons Of Being A Business Manager 

Now that we’ve discussed some of the positive aspects of business management, we can move on to discuss some of the cons. Keep reading below to find out more. 

Solitary Work 

Although you’ll be working closely with your team as a whole as a business manager, you will still be regarded as their boss. Being a business manager gives you far less opportunity when it comes to building strong and close relationships with employees. 

In order to assert yourself and your position in the workplace, there will always need to be a certain amount of aloofness on your part. Otherwise, your employees won’t have any respect for you. 

Pressure 

Being a business manager is a highly pressurized job in many different respects. First of all, all of the big decisions lay solely on your shoulders. Although employees can give input, ultimately, the decision is always up to you. 

In addition to this, because it’s such a competitive role, there will always be people who are waiting for you to make a mistake. 

Legalities 

There are a lot of legal responsibilities at the hands of business managers. They’re responsible for taking care of important aspects such as harassment in the workplace, as well as correctly planning out terminations to avoid legal action. 

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Final Thoughts 

To sum up, there are both pros and cons when it comes to business management. Although it can be an incredibly rewarding and lucrative career, there are also some negative aspects, such as legal responsibilities, pressurized environments, and a lack of close relationships with employees. 

It’s important to assess the pros and cons before jumping into this career path.