Business Owner

A Business Owner is a business person who is an owner of a business organization.

• AKA: Businessperson, Proprietor, Business Operator.
• Context:
  • They can (typically) manage Business Operations through strategic decisions.
  • They can (typically) control Business Assets through ownership rights.
  • They can (typically) direct Business Development through growth strategy.
  • They can (typically) oversee Business Performance through management control.
  • They can (often) build Business Relationships through networking.
  • They can (often) secure Business Funding through financial planning.
  • They can (often) develop Market Presence through business strategy.
  • They can (often) guide Organizational Culture through leadership style.
  • ...
  • They can range from being a Small Business Owner to being a Large Enterprise Owner, depending on its business scale.
  • They can range from being a Sole Proprietor to being a Corporate Shareholder, depending on its ownership structure.
  • They can range from being an Operations Manager to being a Strategic Leader, depending on its management role.
  • They can range from being a Local Business Owner to being a Global Business Owner, depending on its market scope.
  • They can range from being a Traditional Business Owner to being a Digital Business Owner, depending on its business model.
  • ...
• Examples:
  • Business Types, such as:
    • Retail Business Owners, such as:
      • Store Owners, for retail operations.
      • Franchise Owners, for franchise businesses.
    • Service Business Owners, such as:
      • Professional Service Providers, for specialized services.
      • Consulting Firm Owners, for business consulting.
  • Ownership Structures, such as:
    • Single Owners, such as:
      • Sole Proprietors, for individual ownership.
      • Independent Operators, for self-employed business.
    • Multiple Owners, such as:
      • Partnership Owners, for shared business.
      • Corporate Shareholders, for corporation ownership.
  • Entrepreneur, ...
  • ...
• Counter-Examples:
  • Business Employee, who works for but does not own the business.
  • Business Manager, who manages but may not own the business.
  • Business Investor, who invests in but does not operate the business.
  • Business Advisor, who advises but does not own the business.
• See: Business Operation, Ownership Rights, Business Management, Entrepreneurship, Corporate Governance.

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References

2015

• (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Businessperson Retrieved:2015-7-22.
  • A businessperson (plural businesspeople, much more commonly referred to as businessmen) is someone involved in business, where in particular undertaking of activities, commercial or industrial, for the purpose of generating cash flow, sales, and revenue from a combination of human, financial, intellectual and physical capital that further fuels economic development and growth. An entrepreneur is an example of a businessperson. Though the term usually refers to founder, owner, or majority shareholder of a business, the term is sometimes interchangeably used to describe a high level executive who does the everyday running and management of the business even though the executive is not the owner. it may sometimes mean someone who is involved in the upper-level management role of a corporation, company, enterprise, firm, organization, or agency. This can especially apply to the founder, an owner, a manager, an executive, or an administrator in charge of total management of a corporation, company, organization, or agency.

2013

• (Levine & Rubinstein, 2013) ⇒ Ross Levine, and Yona Rubinstein. (2013). “Smart and Illicit: Who Becomes An Entrepreneur and Do They Earn More ?." No. w19276. National Bureau of Economic Research,
  • QUOTE: We disaggregate the self-employed into incorporated and unincorporated to distinguish between “entrepreneurs" and other business owners. We show that the incorporated self-employed and their businesses engage in activities that demand comparatively strong nonroutine cognitive abilities, while the unincorporated and their firms perform tasks demanding relatively strong manual skills. …

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