Six Responsibilities of a Small Business Owner

The Fremont Group sponsors workshops based upon the book, Minding My Own Business.  The book identifies the six responsibilities of a small business owner and then analyzes each.  The Fremont Group derives funds in three ways—the sale of the book , donations and our workshops—all run by volunteers.  Do your own self-examination of your responsibilities.

  1. You must earn a minimum, mandatory percentage of profit.
  2. You must create cost controls to assure that the profit is produced.
  3. You must put your people into an organizational structure where they are responsible for the enforcement of the cost controls through accountability and incentives.
  4. You must sell—internally and externally.
  5. You must keep the money you make—tax and risk management.
  6. You must have fun.

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