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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.
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∙ 14y ago
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Does a business owner need a business degree?
It's not required.
Is a business owner on payroll required to pay FUTA on their income?
Yes.
When is a business owner required to submit an annual return to Companies House?
A company, or business owner, is required to submit an annual return to Companies House. They must file their return 28 days before their annual anniversary.
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 owner’s assets must not be included with business assets
What college education is needed to be a small business owner?
None. My Grandfather owns a thriving business (The Tech Group) and he never when to collage. None. I know a person who started a business off of no collage education and he is now a millionaire. But then again he is one in a million.
As a business owner do I need to have commercial general liability insurance?
Depending on the business it may not be legaly required. It is a very good idea though incase you do get sued.
What do you call a woman who is the owner of a business?
a business owner
What has been most important enterprise skill required by the owner of a local business?
The four most important entrepreneur skills are : seeing opportunities , being an effective planner, thinking ahead and having drive and determination.
When franchising a small business, where are the lines drawn between owner and franchisee?
The lines that are drawn between an owner and franchisee is the franchisee provides everything that is needed to really get the business going.The owner of the business is still the owner. When franchising a small business it helps to avoid a lot of work, that an individual would have to do on their own in order to make a better success of the company. The owner is required to make certain payments to the franchise for services that are provided. If a person feels they need extra help with their business a franchise offers support.
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 :),
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
