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  2. The pros and cons of being a small business owner - AOL

    www.aol.com/finance/pros-cons-being-small...

    As a small business owner, you have control over running your business and what products or services you offer. Some benefits that come along with owning your business are: Potential for success

  3. Sole proprietorship - Wikipedia

    en.wikipedia.org/wiki/Sole_proprietorship

    The owner carries the financial responsibility for all debts and/or losses suffered by the business, to the extent of using personal or other assets to discharge any outstanding liabilities. Thus, the owner of a sole proprietorship may be forced to use his/her personal holdings, such as his/her car, to pay the debts. [ 5 ]

  4. Small business - Wikipedia

    en.wikipedia.org/wiki/Small_business

    Franchising is a way for small business owners to benefit from the economies of scale of the big corporation (franchiser). McDonald's and Subway are examples of a franchise. The small business owner can leverage a strong brand name and purchasing power of the larger company while keeping their own investment affordable.

  5. Micro-enterprise - Wikipedia

    en.wikipedia.org/wiki/Micro-enterprise

    Micro-enterprise programs, therefore, are built around the philosophy that the unique ideas and skills of entrepreneurs and would-be entrepreneurs should be provided business assistance and small amounts of credit to support the development or start-up of a small business, primarily through the U.S. Small Business Administration. Most ...

  6. Do you need a financial advisor as a small business owner? - AOL

    www.aol.com/finance/financial-advisor-small...

    Small Business Development Centers: SBDCs are funded by the Small Business Administration and provide free consulting services, training programs and resources. You can find guidance on business ...

  7. How much does the average small business owner make? - AOL

    www.aol.com/finance/much-does-average-small...

    Key takeaways. The average small business owner salary can range from $83,000 to $126,000, which is higher than the average American makes. A business’s location and industry can impact the ...