business owner

A business owner is an individual or entity that creates, manages, and bears responsibility for a business. They make key decisions about products, services, operations, and finances, guiding the company’s direction. The owner invests time, effort, and capital into its success, and while they may hire employees to assist, they ultimately hold accountability for the business’s performance. Business owners may operate small local shops or large corporations, but their primary role is to lead the enterprise toward growth and profitability while managing risks and opportunities.