Who typically manages small businesses?

Question

Quizplus · Accepted Answer

The people who start and own small businesses typically also manage them. This is because small businesses are often founded by individuals or small groups with a specific vision or expertise, and they remain involved in the management of the business to ensure that vision is carried out. Relatives or professional managers may be involved in managing the business, but the ultimate responsibility and decision making lies with the owners. Board of directors is more common in larger businesses.

Who Typically Manages Small Businesses