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There are no educational requirements for owning and operating a business. However, a degree in business would be extremely beneficial, and lack of a business education today is one major reason why some businesses fail.

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15y ago

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What degree should i seek if you want to be a business owner?

Master of Business Management


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If you plan on owning your own business, studying business management would be the best degree path to follow. You will probably want to take some advertising classes as well.


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What is the difference between an MBA and entrepreneur?

An entrepreneur is someone who owns and operates a business and reaps the rewards of that business. He/she invests all the time, money, and effort, to run that business and assumes all the responsibilities. In addition, he/she as that business owner also assumes all the risks of owning that business (loss of money, time, effort and failure etc.) should it not go well. An MBA is a college or university master's degree that is specific to business administration.


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What degree in business management is considered good?

If you are seeking a career in business, you should look at your goals to determine what is considered the education demanded by the marketplace. In many cases, a CEO would posses a Master of Business Administration (MBA), while a small business owner may find success with lessons learned in achieving an Associates degree from a local community college.