26 October 2023

Choosing the Right Business Owner Title: Which One Suits You?

By Ronald Smith

Have you ever wondered what title you should give yourself as a business owner? Well, today I want to share with you 21 different options to help you find the perfect fit. Each title carries its own unique responsibilities and connotations, so it’s important to choose one that aligns with your aspirations and goals.

1. CEO (Chief Executive Officer) – The top-ranking title, signifying ultimate authority and decision-making power.

2. Founder – If you established the business, this title recognizes your role as the original creator.

3. President – As the president, you steer the ship, overseeing the company’s operations and setting the strategic direction.

4. Managing Director – Responsible for the day-to-day management of the business, this title emphasizes your operational expertise.

5. Owner – Simple and straightforward, this title signifies that you are the sole proprietor or primary stakeholder.

6. Director – A leadership role that focuses on guiding and coordinating specific departments or areas of the company.

7. Manager – In this position, you supervise and coordinate the work of employees, ensuring efficient operations.

8. Partner – If you share ownership with others, this title recognizes your equal standing in the business.

9. Entrepreneur – As an entrepreneur, you bring innovation and creative ideas to the table, driving the company forward.

10. Executive Officer – This title encompasses various high-ranking positions, including CEO, CFO, and CMO.

11. Chairperson – Leading meetings and representing the company, the chairperson ensures effective governance.

12. Principal – Commonly used in professional services firms, this title denotes your position as a senior member of the business.

13. Proprietor – Similar to an owner, a proprietor is responsible for managing and operating a business.

14. Partner in Crime – A playful title for two business owners with a strong collaborative bond.

15. Boss – This title exudes confidence and authority but may also convey a sense of hierarchy and distance.

16. Chief Innovator – As the leader in innovation, you actively drive new ideas and strategies to keep the business ahead.

17. Consultant – Advising and guiding clients, consultants bring specialized knowledge and expertise to the table.

18. Visionary – With a clear vision for the business’s future, a visionary inspires others and sets strategic goals.

19. Creative Director – Responsible for the artistic direction and creative output of the company.

20. Co-Founder – If you started the business with one or more partners, this title highlights your joint role in its creation.

21. Freelancer – A title for those who offer their services independently, working on a project-by-project basis.

Remember, the title you choose for yourself should reflect your role and ambitions as a business owner. It should inspire confidence in your abilities and align with your professional image. Ultimately, the most important thing is finding a title that resonates with you and accurately represents your journey as an entrepreneur. So go ahead, find the perfect fit and wear your title with pride!

Choosing the Right Business Owner Title: Which One Suits You?

When you own a small business, choosing the right title is really important. It shows your role in the company and how others see you and your business. To help you find the perfect title that truly represents what you do, I’ve come up with 21 options just for small business owners. Let’s get started!

What Does a Business Owner Title Mean?

A business owner title is the official name given to someone who owns a business. It tells people what their role is and what they’re responsible for in the organization. Some titles are more traditional, like CEO (chief executive officer), while others can be more creative.

Why Picking the Right Title Matters for Small Business Owners

Choosing the right job title is a big deal for people who own small businesses. It can impact how their company is seen and how they work with customers, partners, and employees.

How the Business is Set Up

The job title should show what kind of business it is and what role the owner plays in it. If it’s a company with just one owner, like an LLC or a sole proprietorship, their title might be different than the CEO of a big corporation.

The Business’s Plan

The job title can also match up with what the business wants to do in the future. If the owner has big plans and wants to be the person who comes up with new ideas, they might go for a title that shows they’re a visionary. But if they’re more involved in the day-to-day work of the business, they might pick a title that reflects that.

Limited Liability Companies

If the business is an LLC, the owner’s job title can change based on how the company is run. For example, if the people who own the LLC also manage it, their title might be manager or member or both.

Making Sure the Job Title Matches the Business’s Goals

Choosing the Right Business Owner Title: Which One Suits You?

When running a small business, it’s important to pick a job title that aligns with the company’s mission and values. For instance, if you’re a social entrepreneur who focuses on making a positive impact on society or the environment, you may want a title that reflects that commitment.

Now, let me talk about the day-to-day operations of a business. Your job title should accurately describe your role in running the business on a daily basis. If you’re someone who gets involved in every aspect of the business, you might choose a more operational title like Chief Operating Officer. On the other hand, if you prefer to delegate tasks and focus on the big picture, a more strategic title might be a better fit for you.

When starting a small business, the right job title can help build your authority and credibility. Here are 21 common job titles that small business owners often use:

1. CEO (Chief Executive Officer) – The person in charge of making important decisions and leading the overall direction of the company.

When you hear the title CEO, it’s not just a fancy position. It’s a symbol of power and strategy within a company. As the chief executive officer, I am the one in charge of setting the direction for the company, shaping its culture, and making sure it grows.

Think of me as the face of the company. I’m the one you’ll often see representing us in public, the media, and at industry events. To be a successful CEO, I need to really understand the industry we’re in, have strong leadership skills, and be able to make decisions that balance short-term challenges with long-term goals.

In this role, it’s my job to navigate the company through tough times and take advantage of any opportunities that come our way. Ultimately, my decisions will have a big impact on our success in the competitive business world.

2. Managing Director

As a managing director, my role is vital in turning a company’s vision into practical strategies. Not only do I oversee daily operations, but I also play a crucial part in planning for the future and making important decisions.

I serve as the bridge between the board and the operational side of the business, ensuring that company policies and strategies are successfully put into action. I am often involved in key areas such as business development, marketing, and client relations.

My leadership is essential in fostering a positive corporate culture, motivating teams, and driving the company towards its goals. Whether it’s a small enterprise or a large corporation, my role is indispensable.

3. Chief Financial Officer

Imagine this: the CFO, a financial wizard, holds the golden key to unlocking the secrets of success in mergers and acquisitions, predicting the future of finance, and maneuvering through tricky economic times. Talk about a big deal!

But how do they do it? Well, the CFO needs to know all about financial rules and regulations to keep the company on the right side of the law. Compliance is crucial!

Now, here’s the exciting part. The CFO also plays a major role in making the company run like a well-oiled machine. They bring their strategic genius to the table, working their magic to make things more efficient, profitable, and financially fit for the long haul. They’re like the master architect of the company’s money matters. Pretty cool, right?

Choosing the Right Business Owner Title: Which One Suits You?

4. The Person in Charge of Making Things Work

As the Chief Operating Officer (COO), I am an essential part of the executive team, responsible for implementing and improving the operational processes that keep everything running smoothly. My role goes beyond just managing daily operations; I also focus on developing strategies to make our work more efficient and productive.

I work closely with the CEO to make sure our operational goals align with the broader strategic objectives of the company. I play a crucial role in managing change, driving innovation in how we operate, and ensuring that we can adapt to shifts in the market and changing business environments.

Leading the way, I create a culture of continuous improvement and operational excellence within our organization.

5. The Person Who Makes It All Come Together

As the primary go-between for partners, I need to keep communication open and fair, while also looking out for everyone’s best interests. This means managing relationships with external parties, handling legal matters on behalf of the company, and overseeing important business deals.

My ability to balance long-term goals with day-to-day operations is crucial for the partnership’s success and sustainability.

6. Technical Director

The Technical Director plays a vital role in shaping how technology is used within an organization. Not only do I manage technology, but I also strive to innovate and find new ways to do things through research and development.

I am at the forefront of merging new technologies and making sure that engineering and IT operations support the company’s overall strategic objectives.

I play a critical role in deciding how we should invest in technology, and I help drive new advancements within our organization.

My expertise is crucial in keeping our company ahead of the game. I make sure we stay on top of industry trends and stay ahead of our competitors.

7. I am the Creative Director

As the Creative Director, I am the one who sets the creative and aesthetic vision for our company. It’s my job to lead the way in branding, advertising campaigns, and overall design.

I have a team of creative professionals that I lead and inspire. Together, we create work that is innovative, compelling, and speaks directly to our target audience.

The Creative Director has a crucial role in taking the goals of the business and turning them into creative plans. They make sure that all the visual and conceptual parts of marketing and advertising match the company’s brand identity.

What sets them apart is their mix of imagination and strategic thinking, which helps the company stand out in a crowded market.

8. Director of Operations

As the Director of Operations, this leader is vital in making sure the company runs smoothly. They have many responsibilities, such as supervising production, managing logistics, and ensuring excellent customer service.

I have an important job as a Director of Operations. My task is to find ways to make things run better, like improving how we do things and using our resources wisely. It’s my job to plan and lead our team to be more efficient, save money, and get more done.

But that’s not all! I also have a crucial role in handling crises and making plans for unexpected problems. If something goes wrong, I need to be ready to guide the company through it.

9. Chief Marketing Officer

Imagine being responsible for a company’s brand and how it looks in the market. That’s the job of a Chief Marketing Officer (CMO). I have to come up with new and creative ways to get people interested in our brand, engage with our customers, and make our company stand out in the market.

Leadership is really important when it comes to building brand loyalty, creating communication strategies that actually work, and driving the company’s growth through targeted marketing. It’s a big deal!

10. Chief Technology Officer

As the Chief Technology Officer, I play a super important role in setting the technological agenda of the company. I’m in charge of coming up with and putting into action a technology vision that goes hand in hand with and supports the company’s strategic goals.

I make sure that new technologies are developed and put to use in a way that meets the current and future needs of the business. I’m the one who drives technological innovation, always keeping an eye out for opportunities to use technology to get ahead of the competition.

As the Chief Technology Officer, I have many responsibilities that are vital to the success of our company’s technology. One of the most important roles I play is in managing the risks associated with technology and ensuring the security of our systems. I work hard to make sure that our infrastructure can handle the demands placed on it and that it is reliable for our users.

Choosing the Right Business Owner Title: Which One Suits You?

11. The Visionary

I am the one who brings a company into existence. I have big dreams and ideas that I turn into reality. My role goes beyond just starting the business – I am deeply involved in shaping our company’s culture, values, and long-term strategy.

I have a special connection to the business and its mission. I am the embodiment of the entrepreneurial spirit, always looking for new opportunities and ways to grow. My insights and experience are incredibly valuable as we navigate through different stages of growth and adapt to changes in the market.

Being a founder requires me to be a leader, an innovator, and to have an unwavering passion for what we do. I am the one establishing and nurturing our company’s identity and legacy.

12. The Owner

When it comes to owning a business, I invest not only my money but also my heart and soul into making it successful. I’m involved in important decision-making processes and I play a crucial role in building and maintaining important business relationships.

As the one who makes the final decisions, my responsibilities as the owner include managing financial risks, planning for the future, and ensuring that my company can adapt and thrive in a constantly changing business world.

13. Principal

The principal of a business unit or department is like a captain of the ship, responsible for overseeing its day-to-day operations and making sure everything runs smoothly. They are in charge of planning for success, managing the resources at their disposal, and driving their area of expertise to new heights.

As a principal, I have a crucial role in aligning my department’s goals with the broader objectives of the company. I am a key decision-maker, involved in setting policies, managing teams, and driving innovation within my domain.

My leadership is really important in fostering growth, efficiency, and effectiveness in my specific business area.

14. Proprietor

A proprietor is the sole owner and operator of a business, often seen in small enterprises. In this role, I juggle multiple aspects of the business, from strategic planning to daily operations.

I make all critical business decisions and often work hands-on in various roles within the business. I am responsible for the financial health of the enterprise, customer relations, and managing any staff.

Being a business owner requires flexibility, a diverse set of skills, and a deep understanding of the industry. The success of the business depends on my dedication, decision-making abilities, and management skills.

15. Company President

As the President of a company, I have a vital role in guiding the organization’s operations and setting its strategic direction. I am usually the second-in-command after the CEO and play a key part in making important decisions.

My responsibilities as President include overseeing the implementation of our company’s strategies, managing our resources, and ensuring that we achieve our operational goals. I work closely with other top-level executives and the board of directors, as my role is crucial in shaping our company’s future.

I need to emphasize just how crucial their leadership is in making sure our business grows, excels in its operations, and stays true to our vision and values.

16. The Vice President

The Vice President is a high-ranking executive who’s in charge of a specific division or function within our company. They have a critical role in planning our strategies, making important decisions, and effectively managing their own areas of responsibility.

Our Vice Presidents are absolutely essential to driving the success of their departments and making sure they align with our company’s overall objectives.

They often handle important tasks like developing strategies, leading teams, and overseeing major projects or initiatives. Their leadership and expertise are absolutely vital in promoting innovation, efficiency, and profitability within their respective domains.

17. The General Manager

I think being a General Manager is a big deal. You have to do a lot of important things like managing money, supervising people, and making decisions about how things should work. It’s your job to keep everything running smoothly, make sure we meet our financial goals, and make our customers happy.

Our business really depends on you, the General Manager, to manage our resources wisely and find solutions to any problems that come up.

18. Business Development Manager

As a Business Development Manager, your main focus is on helping our company grow and expand. You do this by finding new opportunities for us to do business, building relationships with potential clients or partners, and exploring new markets.

I can’t stress enough how important it is to have experts who can help a business grow, make its presence known in the market, and achieve long-term success.

19. Human Resources Manager

I believe that the Human Resources Manager is a vital role in any company because they are responsible for taking care of the company’s most valuable asset – its people. They handle things like hiring, training, maintaining good relationships with employees, and making sure the company follows labor laws.

Human Resources Managers are like the architects of the company culture. They work on developing talented individuals and creating a positive and productive work environment. They also handle sensitive issues such as resolving conflicts, managing employee performance, and taking care of employee benefits.

Their strategic approach to managing human resources is what keeps employees satisfied, makes them want to stay with the company, and ultimately contributes to the success of the entire organization.

20. Sales Manager

As a Sales Manager, my job is to lead and guide the sales team so that we can achieve our revenue targets. I develop sales strategies, set sales goals, and manage the entire sales process.

My role is crucial because I train and motivate the sales team, analyze sales data, and identify market trends. I also handle key account management, build customer relationships, and negotiate deals.

My leadership is essential in driving sales performance, growing our customer base, and greatly contributing to the company’s profitability.

21. Project Manager

I’m here to tell you all about the importance of a Project Manager. You see, a Project Manager is like the captain of a ship, guiding projects from start to finish and making sure they match up with the company’s big goals. It’s a pretty big deal!

So, what exactly does a Project Manager do? Well, they do a whole bunch of stuff to keep things on track. They plan everything down to the smallest detail, manage resources, and make sure all the different teams and stakeholders are working together smoothly.

One of the Project Manager’s main jobs is to set the timeline for the project. They decide how long things will take and make sure everyone knows what’s expected. They also figure out the scope of the project, which means they decide what will be included and what won’t. And, of course, they keep a close eye on the budget too!

But that’s not all. A Project Manager also has to be a pro at problem-solving and risk management. They’re like a superhero, swooping in to save the day when things get tricky. They make sure everyone knows about any changes or issues that come up and keeps everyone in the loop.

Now, here’s the thing. Projects don’t always go as planned. Stuff happens, things change. And that’s when the Project Manager really shines. They’re able to adapt to new situations and make sure that everything still gets done on time and is top-notch quality. They’re the leader of the pack, keeping everything running smoothly and motivating their team to keep going.

Some Tips to Help You Choose the Right Title for Your Business

Choosing the Right Business Owner Title: Which One Suits You?

  • Think about Your Role: Consider the job you do and the part you play in the company’s operations. Use a title that truly represents what you do.
  • Show Your Business’s Image: Make sure the title you choose matches the image you want for your business. It should show that you are knowledgeable and have authority.
  • Plan for the Future: If you have plans to expand or hire more people in the future, pick a title that can grow with your company.
  • Get Others’ Opinions: Ask your team, mentors, or advisors for feedback on the title you’re considering. Make sure it resonates with others and accurately portrays your role.
  • Be Open and Honest: When choosing a title, make sure it clearly shows where you stand in the company, so there’s no confusion.
  • Check What’s Normal in Your Field: Take a look at job titles that are commonly used in your industry. This way, you can make sure your title fits in with the usual practices.
  • Show Off Your Best Skills: If you’re really good at something, consider choosing a title that highlights your strengths and the valuable things you bring to the organization.
  • Think About the Legal Stuff: If you have partners or shareholders, it’s important to talk to them before deciding on a title. This way, you can make sure everyone is on the same page and agrees with your choice.
  • Take Another Look Every Now and Then: As your business changes and grows, it’s a good idea to review your title. This way, you can make sure it still matches up with your responsibilities and the contributions you’re making.

Let’s talk about something important – your title as a business owner. It’s not just a fancy name, it’s a crucial part of your business identity. So, take a moment to think about a title that truly represents your role, highlights your strengths, and sets the right tone for your business.

The Power of Good Communication for Small Business Owners

Good communication is like the lifeblood of a successful small business. It’s what keeps everything running smoothly and helps you connect with customers, employees, suppliers, and others involved in your business. Without clear and effective communication, things can go wrong, create confusion, and even lead to failure. In this section, I’m going to explain why good communication is so important for small business owners and share some practical tips on how you can improve communication within your organization.

The Impact of Effective Communication for Small Business Owners

  1. Building Trust: When I communicate clearly and openly with my customers, employees, and partners, it helps to build trust. This means that when people trust my business, they are more likely to want to be a part of it and engage with it.
  2. Employee Engagement: When I have open lines of communication, it helps my employees feel like they belong and encourages them to contribute their ideas and insights. This makes them more productive and committed to their work.
  3. Customer Satisfaction: By effectively communicating, I can understand my customers’ needs and concerns better. This allows me to tailor my products or services to meet their expectations, which leads to higher customer satisfaction and loyalty.
  4. Conflict Resolution: Conflicts happen in every organization. When we communicate effectively, we can handle conflicts in a positive way. This stops them from becoming bigger problems.
  5. Efficiency and Productivity: Clear communication makes things run smoothly. It helps us understand each other better and reduces mistakes. This leads to better work and more productivity for our business.
  6. Innovation: When we encourage our team to talk openly and share ideas, we can come up with new and creative solutions. This can help our business grow and find new opportunities.

Practical Tips for Improving Communication in Your Small Business

    As a leader, it’s important to encourage active listening among your employees. This means truly hearing what others are saying, asking questions to clarify, and showing empathy. Communication is key!

    In order to ensure a smooth operation, it’s essential to clearly define roles and responsibilities within your organization. Make sure that every team member knows what is expected of them and how their role contributes to the success of the business. By setting clear expectations, you create a sense of purpose and direction.

    To keep everyone on the same page, it’s crucial to provide regular updates to your team. Keeping them informed about company developments, changes, and goals through consistent communication shows that you value their involvement and input.

    Additionally, it’s important to establish feedback mechanisms for your employees. Create a space where they can share their ideas, concerns, and feedback. Act on this feedback to demonstrate that you value their input and are actively working towards improvement.

    By implementing these strategies – active listening, setting expectations, regular updates, and feedback loops – you can build a strong team and foster a positive and productive work environment. Remember, effective communication and open dialogue are the keys to success!

  1. Resolving Conflicts: I believe it’s important to have a way to deal with conflicts and disagreements in a positive way. I want to make sure that if you ever have any concerns, you feel comfortable and supported when you bring them up.
  2. Training for Better Communication: I think it’s worth investing in training to improve our communication skills as a team. Communication is a skill that we can all work on and get better at over time.
  3. Leading by Example: As the owner of this business, I want to set a good example when it comes to communication. I strive to be open, respectful, and transparent in all of my interactions, and I encourage you to do the same.
  4. Embracing Technology to Improve Collaboration: I think it’s important to take advantage of communication technologies and tools that can help us collaborate more effectively. This includes things like video conferencing, project management software, and customer relationship management systems.
  5. Document Key Information: It’s important to write down important information, decisions, and agreements. This helps avoid misunderstandings and gives us something to refer back to in the future.
  6. Crisis Communication Plan: Let’s create a plan for how we will communicate during unexpected challenges. Being prepared will help us minimize any harm to our business’s reputation.
  7. Celebrate Achievements: We should acknowledge and celebrate our team’s accomplishments, milestones, and successes. By giving positive feedback, we encourage more communication and teamwork.

The Bottom Line

Deciding on the right title as a business owner is a big decision that can impact how successful our company becomes.

When you’re trying to figure out how to start a business, there are many options to consider. By thinking about your skills and what you enjoy doing, you can find the best title for yourself that matches your goals and responsibilities.

Keep in mind that starting a business involves more than just choosing a title. It’s important to learn about running meetings effectively and other aspects of entrepreneurship to increase your chances of success.

Frequently Asked Questions About Business Owner Titles

Do I Need a Title as a Business Owner?

As a business owner, you don’t necessarily need a formal title. However, having one can help establish your authority and credibility. Some common titles for business owners are CEO, founder, president, or owner.

What’s a Good Title for a Business Owner?

What’s the Best Title for Someone who Owns an LLC?

When you own an LLC, the best title for you is usually owner or member. But depending on how big your company is and how it’s structured, there are other options like managing members or CEO.

Should I Call Myself the Owner or CEO of My Business?

Deciding whether to call yourself the owner or CEO of your business depends on how big your company is and how it’s structured. If there are multiple owners, it might be more appropriate to use the title CEO. But if it’s just you, owner is a common and simple title.

What Are the Best Titles for Small Business Owners?

The best titles for small business owners can vary depending on the size and structure of the company. It really depends on your specific business. You could go with titles like CMO or CEO. Some business owners even choose titles like CEO or entrepreneur. And as your company grows, you might add titles like president or managing director.

Which Title Should I Use on My Business Card, Owner or CEO?

When it comes to deciding what to put on your business card, it’s important to choose a title that accurately represents your position in the company. If you are the sole proprietor or have a small business, the title Owner is the right choice. However, if you are part of a larger company with multiple executives, using the title CEO may be more appropriate.