answersLogoWhite

0


Best Answer

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 :),

User Avatar

Wiki User

โˆ™ 11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the responsibilities of being a business owner?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Other Business

Duties and responsibilities of a business owner?

what are the duties and responsibilities of proprietor of Photoshop


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.


Why would a business change their ownership?

Becuase they want to have a owner which can provide the business much better then the owner they have at this moment.

Related questions

Duties and responsibilities of a business owner?

what are the duties and responsibilities of proprietor of Photoshop


What is the education required for being a business owner?

There are no educational requirements for being a business owner. However, one of the major reasons why businesses fail is a lack of business education.


What are the characteristics of a business under sole proprietorship?

a single person owns and operates the business. The owner assumes all risks and responsibilities for the business, including debts.


What are the responsibilities of business enterprise?

the responsibilities are how to handle a business/


Which accounting convention or doctrine is being applied when the owner's home computer is excluded from the assets of the business?

Business entity convention because ownerโ€™s assets must not be included with business assets


Responsibilities of government towards business?

breafly explain responsibilities of business towards government


Responsibilities of government of india towards business?

breafly explain responsibilities of business towards government


What do you call a woman who is the owner of a business?

a business owner


How has software changed office responsibilities?

In much of the business environment, positions such being a secretary to an individual or being in a pool of clerical office workers have changed.


What is the difference between shareholder and owner?

An owner - has sole responsibility for the financial success of a business. A shareholder - is an investor in someone else's business - with the hope of being rewarded by a share in the company's profits.


Disadvantages of being a sole trader?

if the owner of the business ill or goes on holiday they will lose profits


What is a name for a 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."