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Q: Duties and responsibilities of a business owner?
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What are the responsibilities of being a business owner?

A Business Owner/Chairman an C.E.O. runs the day to day Operation with the help of the Chief Operating Officer and the rest of his or her Staff. I hope the answer I gave is the one you were looking for :),


Why is owner of a business is interested in the activity of a business?

The activity of the business is what generates money for the business and the owner will want to maximize income.


What is another name for a small business owner?

Another name for a small business owner is "proprietor." In the US, if the owner is doing business as an LLC, he is a "member."


What is the business entity convention?

Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business. Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business.


What are duties and responsibilities of pawnshop teller?

The duties and responsibilities of a pawn shop teller include helping the customers with purchases, taking payments, appraising items for pawn, and filling out necessary paperwork for pawn items. The teller is responsible for preparing daily cash reports from their cash register.

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