By dbtuser 
The job of a business manager can be an immense amount of work. Being an entrepreneur, you’re likely to wear a variety of hats. From the head of administration to the marketing professionals, the array of jobs you do every day makes it difficult to determine your job. Naturally, choosing only one job title can be difficult.
However, committing to a name can help to organize your small-scale company and reduce your responsibilities. It can help you define who you are, the company’s structure, and can even help to define your company’s culture.
What’s in the title?
It’s not logical to claim that obtaining the perfect job title for an owner of a small-scale business isn’t an important thing in reality, but it’s. It’s easy to become overwhelmed by the excitement of launching a new venture, and deciding on the correct title doesn’t seem as important.
It’s not just enjoyable to announce “I’m an executive at XYZ Industries” at an event; however, having a formal title gives you credibility. It’s easier to conduct business when you are able to present yourself.
The title you choose to use has an effect on your colleagues and you. Your title can help define your position in the eyes of employees to help them know the person you are and what you can offer them. It also lets customers or clients know who you are.
However, this clarification isn’t only external. The title you have can aid in defining your personal position. This will boost your confidence, which is vital when you want to experience growth. However, selecting the correct job title is an issue.
Typical titles for small businesses
A job title should not be a cause for worry; however, it’s something that lots of entrepreneurs face.
Your job title isn’t fixed in stone, so it’s fine to test several titles before you take the plunge. You are able to pick any title that makes you feel at ease and confident in your job. However, these are eleven popular titles that business owners of the present make:
The founder
The term “founder” is popular for small-scale business owners. It means that the person who holds it established the business from scratch and is an ideal name for someone who acts as the primary driver behind the company.
As it indicates the foundation of the business, it is essential that you have created the company to utilize it.
The title Founder doesn’t need to be a distinct title. It’s usually associated with an owner title when there is a partnership. As an example, you might have two founders. One holds the titles “Founder as well as CEO” and the other one holds”Founder and Creative Director “Founder and Director of Creative.”
Leader
A different title that many people use is Chief Executive Officer, or CEO. It is a hefty title that identifies the person who is at the helm.
CEOs consider the complete perspective of the business and are responsible for the long-term direction of the business, and have the ultimate option in any major decisions the company makes. However, the person who has the high-level view is often not engaged in the day-to-day activities of business. This typically falls on the chief operating officer.
As a result of the belief that only large businesses have CEOs, a few small-scale entrepreneurs prefer to wait until their businesses have increased in size before assuming the title of C-level, especially if they’re seeking an actual title that reflects the day-to-day management.
The Chief Accounting Officer or Chief Accountant (CX or CXO)
If you’re in the market for an executive title but you think CEO is too broad for your company at the moment, it’s possible to try something more specific to your business. CXO or the CXO also known as CX title and the “X is the key aspect a title that is as descriptive as it is big.
A small accounting company could have an accounting chief, and a plumbing company could have a Chief Plumber. Both titles suggest an elevated degree of decision-making and management ability; however, they are specific to the position and the entire company.
The greatest part is that you are able to be the boss of your company’s operations in any way. If it is logical to your employees, contractors, and prospective clients, the best name is the one that best suits you.
The Managing Director
The title “Managing Director” is akin to the same meaning as CEO and other titles similar to it. It reveals that the holder is responsible for implementing the company’s long-term plan and has the final say in key decisions. While CEOs tend to be a person with all the weight and responsibility of a huge organization behind them, the Managing Director does not. It’s a title that is professional and suitable for mid-sized to small companies.
It is also possible to use a similar name of Managing Partner, which is a title that is often used in professional services, such as at an attorney firm. The partner title suggests that there are other business partners involved, and possibly with shorter job descriptions.
The Managing Member
“Managing Member” is a title that suggests you own and run a company. It’s a description of someone who manages daily operations, as well as the long-term strategies, and is able to make decisions that are binding for the company.
This type of title usually shows on the books of organizations managed and owned by several “members,” with the managing member being the one who is responsible for the operation. However, you can apply for the title as that you are both the owner and the manager of the company.
The President
The title President is a different title, and has a similar job description as CEO; however, it is usually for a bigger, well-established company or brand.
It’s important to remember that the title of President is often found in organizations with a more complicated structure. It’s rare for a sole proprietorship to have an executive, but the company is an entity that is legally distinct with an effective management structure.
It doesn’t mean that you can’t employ this job title in a less formal manner, but you should think about how the organizational structure of your company and the future job titles to function.
Head of Operations
The business operations are the actions that your company engages in every day to increase the number of customers or clients and, ultimately, boost profits. The title of Director of Operations corresponds to someone who is responsible for these tasks.
The Director of Operations has often become associated with the Chief Operating Officer, or COO. It’s a C-level job regardless of either the title COO or DO; however, in larger organizations, the Director of Operations position is usually a subordinate to a person, typically the President or CEO.
This could be an excellent small-business name for the owner if they wish to demonstrate their involvement in the running of their business in a manner that a CEO or President would not. You could also choose to make this the most important title in your company; it doesn’t have to be a role that reports tos.
Director of Creation
Director titles are ideal for small-scale businesses since they are able to be specific, such as CX titles, for instance. CX title, yet convey a high degree of authority, without making the business appear huge.
The major distinction between a C-level title and a director’s is that by definition, the term chief means an executive head of a department and leader (like chief of marketing), and director roles are typically somewhat more specific.
It is true that you will frequently come across Creative Directors at the head of companies like marketing consulting companies or design companies. These kinds of companies focus on the creative business, so the emphasis on creativity and innovation in the lead position is logical.
Director of Technology
Similar to the title Creative Director, in the case of small-sized technology companies, it’s possible that the titles Technical Director, Director of Technology may be suitable. It’s a title that may indicate involvement in the technological development of the business, particularly when it’s a small business.
Although it’s still a traditional title, which demonstrates authority, it’s not as formal as the CEO or President, and could easily be incorporated into smaller companies.
Creative title similar to Chief Disruptor
It’s also possible to be creative by using a catchy title such as Chief Disruptor or Chief All-Things Officer, or Coding Ninja. This isn’t a good strategy for every small-sized business owner, however, if you’re in an area that doesn’t have a tendency to turn customers off, having a bit of play with your title may be a good idea.
The job titles we use aid people, both internal and external, to know what our role is in the company. When you’re talking about a smaller company with a bootstrapping style to work, you’ll probably be a variety of people, and being more imaginative is a good idea.
The owner
A very commonly used name for business owners of small-sized businesses is Owner. It’s a great name to begin with when you’re trying to get your business up and running.
The problem with this title is that it’s as descriptive, and it doesn’t give any details about the level of involvement you have in the business. This is the reason it’s a great start for a solo owner who’s still working out their own role.
It’s always possible to change to an even more descriptive name for your business as you’re prepared.
How do you select the business owner’s title?
The choice of your business name isn’t a difficult task. It’s not a long-term decision, and there’s no incorrect choice. The most effective professional title is one that you feel most comfortable with, and it will vary depending on the individual.
If you’re only starting out, it’s important to simplify things. There’s no reason to overthink the process. However, there are a few guidelines that could simplify the process:
- Your name should be readable for both employees and customers.
- Take into consideration subtleties and perceptions. Although Owner and CEO could be interchangeable, the majority of people think of different roles.
- Titles must be in line with the company’s culture and branding. The title CEO could be a consultant, but does it align with the latest tech in your company?
- It’s crucial that your title is a good match for your company and you. Make sure you don’t choose a title that’s uncomfortable with.
It’s helpful to be aware that even though having the title might make you feel more confident but it’s not set in stone. It’s possible to change the title as you progress.
If you’re seeking to make your business professional, a business title isn’t the only option to get there. If you’re looking to bring your company out in the world and get it onto paper, Ownerr will help to incorporate and get it officially registered!