The role of owner in a businessWhen you first open a business, you're probably undercapitalized. Being undercapitalized means you wind up performing a number of tasks which you would pay someone else to do if you had the money.
Over time, your business begins to generate enough cash flow which let's you more properly staff to meet the needs of your business customers.
The role of the owner in a business should include among its responsibilities to chart a course for the business five years out into the future. The owner is the captain of the ship and should change the course direction of his/her business long before they hit an iceberg (nod to the Titanic).
Large businesses perform this task to stay viable long term. Take a page from big business and begin to do it for yours as well.
I am a CPA in San Antonio and provide bookkeeping, payroll, taxes and more. We offer a free initial visit and look forward to serving your business needs.
Richard J. Garcia | 08/10/2011