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It depends on what you mean exactly. The most basic answer is, provide a product or service that people want at a price they are willing to pay.
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∙ 15y ago
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What four main ways to become a business owner and explain the disadvantages and advantages of each?
A business owner can go in business for themselves to make more money, but it will take long hours. A business owner can start a business to meet the demands of customers. A disadvantage to that is the fact that customers are very demanding.
What does the average business owner earn?
Unfortunately, the term "average business owner" captures everyone from the owner of the local flower shop to the co-founders of Google (until it went public!). Aggregating and averaging their earnings would therefore not be very telling for several reasons: * A business owner's earnings vary, depending on the type and size of busiess they own. * How much a business owner earns in terms of salary/paycheck may be very different than his or her paper worth in terms of stock options, retirement plans, and the value of the business he or she owns. As this question is very broad, it may be more useful to specify the type and size of business you wish to inquire about. That's a very broad question. A small business owner could be just breaking evern or clearing as little as $20,000 annually while a large successful business owner could be making millions per year. It depends on the size and type of the business as well as how successful it becomes. ------------------------------------------------------------------------------------------------- He/she earns what ever income is left over after paying all expences.it depends of the business benefit, you can earn a lot by making good business. Cause it is owned by you.
Why you must willing to take the risk involved in business to be or successful entrepreneur?
kasi maganda me hehehe
What person can be called someone who is willing to take a chance in business with the hope of being successful and making a profit?
An Entrepreneur .
What is a business plan. Discuss the purpose and significance of a business plan?
in simple words, business plan is formal statement of business goals and objectives over the next firve years. the main pursose of the preparing business plan is perpare comprehensive strategy detailing how and why the business will be successful and how business will take on its competitors.
What is the job outlook for a business owner?
The job outlook is excellent as long as the business is successful.
What is needed to be a successful business owner?
pray..pray...pray..AND PUT IN ACTION.
Should you get an MBA to become a successful business owner?
Getting an MBA will not guarantee you will become a successful business owner. However, I believe it will help tremendously if you apply the knowledge you acquire from the MBA appropriately. It will be an advantage that will set you apart from those lacking business knowledge.
Where can I get more information on how to rent a business?
To rent a business, you need to talk to the owner of the business that you are renting. This will lead to the most successful business making you the most money.
Can an owner of business take money from it to gamble?
Yes
When the owner issues a check to pay their bill known as a draw what happens?
As a business owner, you may be paid a salary, or you might take a draw as an owner. How you receive money from the business depends on the type of business. If you are an owner of a sole proprietor business, you can take a draw from the business for personal expenses. This draw is not a deductible business expense; it's just money you take from profits (assuming there are profits!) to pay personal bills. When you take a draw, you should write a check to yourself from the business checking account and deposit it in your personal checking account.
What makes a woman successful in business?
Women who are successful in business are passionate about what they do. They eventually become the boss. They are not afraid to take risks and they take care of themselves. They also need to learn to negotiate.
How much should a business owner pay themselves?
i am a business owner for over 11 years I take whatever the government leaves me after they tax me to death
What do you call someone who makes money?
Someone who makes money can be called an employee, an entreprenaur, a business owner, successful, etc.
What four main ways to become a business owner and explain the disadvantages and advantages of each?
A business owner can go in business for themselves to make more money, but it will take long hours. A business owner can start a business to meet the demands of customers. A disadvantage to that is the fact that customers are very demanding.
What is the Exit stage of a business?
the Exit Stage of a business is when a business owner gets out of their day-to-day commitment to running the company. They might dissolve the company completely, sell it to someone else, or have someone else continue running it on their behalf. If the business is not successful, the Exit stage may come sooner than the business owner want it to.
What do you call a woman who is the owner of a business?
a business owner
