Ads
related to: small business owner responsibilities resume sample formatmyresumestar.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
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
Small business owners in the United States make between $83,000 to $126,000 on average, depending on their industry and location. Keep in mind that many business owners do not take a salary in the ...
Being a small business owner can provide flexibility, allowing you to work as much or as little as you want and make your own schedule. You get to call the shots, including which clients you work ...
An owner-operator is a small business or microbusiness owner who also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains , health care , logistics , maintenance, repair, and operations .
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.
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 ]