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Technically none at all; what you need is the initial investment. However, if you aren't independantly wealthy and are looking to start your business with a loan or investors you must be able to impress upon them your ability to create and run a profitable business. Other companies you may rely upon to conduct business ( such as an insurance company for your transportation business ) may charge different rates dependant upon the officers of your companies experience and education.
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∙ 13y ago
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Can a business owner become a business manager?
yes
Why is insurance needed for a business?
to transfer risk from the owner to the insurance company
How many years of school do you have to take to become a culinary business owner?
There are no educational requirements to become a business owner. A degree in business would certainly help. A culinary certificate or degree would also be of value.
You are a business owner can you deduct your life insurance premiums as a business expense?
As a business owner you can fund the policy from the retained earnings (RE) of the buisiness for individual use or coverage. This will allow the business owner to fund the policy from a pool of money that is taxed at the business level vs his/her individual taxation level (usually highest tax bracket)
What could happen to a person found guilty of crime in the south after the thirteenth amendment become law?
Their labor could be sold to a business owner
What is needed to be a successful business owner?
pray..pray...pray..AND PUT IN ACTION.
What is the most important enterprise skill needed by the owner of a business?
commitment x
What qualifications and training needed to be a restaurant owner?
Start out towards a degree in Business Administration.
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.
How much training do you need to become a business owner?
more than you can afford
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 information is needed for business financial forecasting?
Information needed to complete a financial forcast on your business is a pro forma financial statement. This allows the business owner to make small changes and track the finances easier as the year progresses.
