Business Owner Job Description
Overview
The Business Owner operates their own companies. Their role is creating a business plan, arranging finances, hiring staff, reviewing sales, and developing marketing strategies. Their responsibilities are overseeing daily activities, identifying business opportunities, establishing prices of goods and services, maintaining a clean and orderly store, resolving customer complaints, and compiling and maintaining records and bookkeeping.
Steps to take to start your career as a Business Owner and other jobs like it
- You need to determine if your business needs employees, if you need to raise money, how long it will take you to become profitable, how much you will need to spend to get there and what business structure.
- Even if just setting up a business as the sole employee, there are still documents you need to file even if it’s just a tax form. More complicated structures need more documents and licensing that changes by state and industry.
- Even the smallest businesses need money to get going.
- This set-up process can be as simple as purchasing supplies to as complicated as building a team to create a new to world product and everything in between.
- This is where all the prep work pays off because if no one knows you exist then they can’t be your customer so marketing, even informally, is key.
What I do:
I'm an independent contractor and I work in construction. I do both residential and commercial painting and that leads into both interior and exterior repaints and new construction. I don't have any employees, it's just me sometimes I sub out work.
Career Skills:
You have to be healthy, you know, there's a lot of times when you're up on a ladder, you push yourself to your limits a lot, you can work out that there's a lot of roof work sometimes. That having a willingness to learn new things is huge if you're not learning something new every day, you're doing it wrong.
Job Challenges:
You really do push yourself to the limits a lot but I really like that challenge personally. That's one aspect that I really enjoy about my job is that I'm working with my hands and I'm physically pushing myself every day.
Work Life Balance:
Sometimes my work to life balance is pretty sporadic. Most of the time there's not much life balance if you would. When you are working alone and you're on a kind of a larger project it comes time to get that done and you're going to work the weekends, you're going to work late, when you're outside, you're in the sun all day, you're going to come home tired and you're not going to want to do anything, at least for me that's that's the case.
Tips for Starting Your Own Business:
Be determined, have goals and plans and work towards them every single day. Find good construction companies to get in with and they're gonna help you throughout your entire career.
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Education you need to become a Business Owner
These are the most common degrees or certificates earned by Jobtrees users prior to becoming a Business Owner
There may be other required degrees or certifications needed for this job. The below info shows you the most commonly desired education level from employers when hiring for this job.
- Bachelor of Arts (b.a.) in Physics Education
- Associate Degree
Annual Pay Estimate for Business Owner and Other Important Info
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Career Paths for Business Owner
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Jobs to start your career in becoming a Business Owner
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