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Dec 8, 2023 · Selecting the right business owner title is crucial for your business’s identity. Consider your role and responsibilities, align the title with the image you want to portray and ensure it accommodates future growth. Seek feedback from others, keep it simple and clear, and research industry norms.
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- Overview
- What is a business owner title?
- 15 business owner titles
There's a large variety of business owner titles that the head of an organization can use to call themselves. Choosing the most appropriate one typically depends on the size of your company, the type of services your company provides and the management structure. Having an appropriate business owner title can give potential clients and partners imp...
A business owner title is a title used by the main individual in charge of a business. The title a business owner chooses typically takes their company's goals and objectives into account while still feeling personal. The roles of a business owner are diverse and the title should reflect that.Some business structures have legally determined titles ...
1. Owner
This is one of the most straightforward business owner titles, as it immediately indicates a person's main role in an organization. It does not, however, give any indication regarding that respective person's role within the company's managerial structure, as some owners have no active role within their own organization.This is typically not a major issue for small companies, as it is commonly assumed that a small business owner will be actively involved in their company's day-to-day operations. As your company gets larger, you might add titles, such as chief financial officer or managing director.Related: 10 Steps To Begin Your Own Business
2. CEO
The CEO title is an abbreviation for Chief Executive Officer, and it is generally given to the person who runs the day-to-day operations of an organization but also has a major role in creating and implementing long-term strategies. This role typically involves delegating to other employees consistently, so one of the CEO's main responsibilities is finding the right professionals for each position in their company.The CEO title is often used for large businesses, and though there is no restriction for using it if you are the head of a smaller organization, it has the potential to be confusing for business partners and clients.Although the CEO of a large company is in charge of all major decisions within the organization, they usually do not also own the respective organization. More often, they answer to a board of directors and can be dismissed if their results are below expectations. So, even though the title of CEO shows high levels of authority and responsibility, it does not necessarily show any level of ownership over the organization.Read more: Learn About Being a CEO (Chief Executive Officer)
3. Founder
The title of founder automatically gives a clear indication that you were directly involved in the creation of the company. Unlike other titles, like CEO or owner, this one cannot be passed from one person to another, as the founding of a company is a one-time event.This title typically resonates strongly with clients and partners, as it indicates your deep connection with the business. It does not, however, give any indication regarding your current role in the organization's hierarchy, so it is recommended more for smaller companies unless followed by an additional title.Related: CEO and Co-Founder: Definitions and Key Differences
- Owner. Want to keep it simple? Especially when starting out, owner is a common title that is simple and straightforward. One caveat is that this title can sound like something you are instead of what you do.
- Founder. One of the most popular owner titles in the startup business world, founder implies that the person holding the title (a.k.a. the company owner) built the business from the ground up, from coming up with the business idea to developing the products and/or services to hiring the first employees.
- CEO. A CEO (chief executive officer) is a big-picture thinker. They’re best at looking at the business as a whole and figuring out which direction the company needs to go—and then devising the long-term plans and business strategy to help the business get there.
- Chief Operating Officer. The chief operating officer (COO) is responsible for managing the day-to-day operations of the company. COOs execute a company’s goals and plans and ensure that all departments are working together to succeed.
Jul 26, 2024 · Whether you're a founder, CEO, or creative visionary, your title conveys not only your position but also your responsibilities and the image you want to project to the world. Business owner titles can range from traditional to innovative, each carrying its own connotations and expectations.
- Georgia Mcintyre
- Director of Content Marketing
- CEO. Chief executive officer, or CEO, is a common title in the business world and will leave no one in doubt that you’re in charge of your company. If you want to convey that your company is well-established or has a large team of employees, CEO might be the right title for you.
- President. Many people consider “president” to be interchangeable with CEO. Again, this title conveys authority, so it’s an option worth considering if your goal is to give your business the gravitas of a more established firm.
- Owner. For small businesses owners who haven’t filed organizational documents as a partnership or corporation, the title of owner is a straightforward way to denote who holds financial ownership of your company.
- Proprietor. If you feel that your role in your small business fits the definition of owner, but that term doesn’t feel quite right, there’s a second option.
Jun 4, 2024 · There are many small business owner titles to choose from, but the right one can help you define your role. Here are 11 of the most common.
Jul 7, 2020 · As a small business owner, you have complete freedom to choose the title you want: CEO, owner, president, boss, head honcho, accounting ninja—whatever you want. However, names carry meaning, and you want to make sure yours delivers the message you intend. If you’ve gone down the rabbit hole of potential titles, you’re probably feeling overwhelmed.