Store owners serve as backbones of an economy. From large corporations to small store, owners provide services, employment and goods. Whether businesses are sole-proprietorship, corporation or partnership, starting businesses entails expertise, hard work and a great stamina. For those people with inner drive, desire and dream, owning your own business can be a lucrative and rewarding experience.
Store owners are persons who oversee the daily operations of a business including management and clerical duties. Store owners are responsible for firing, managing and hiring employees.
Store owners usually handle stressful job as they are responsible in the entire business operation and should ensure that the business runs smoothly and profitable. They are also found inside the store observing the works of their employees.
Store owners should possess a good knowledge regarding the type of industry that they desire. It is very helpful that store owners have formal trainings in their preferable field. A bachelor’s degree in business administration, finance, sales and marketing is also helpful in running a business.
The salary of business owners generally depend on the number of sales as well as the profit gained. A business either small or large typically takes about 3 years to show progress or profit.
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