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How long does it take to become a Business Owner?

By Zippia Team - Mar. 2, 2022

It takes 6 years of professional experience to become a business owner. That is the time it takes to learn specific business owner skills, but does not account for time spent in formal education. If you include the normal education requirements to complete a college degree, then it takes 9 to 11 years years to become a business owner.

There are certain skills that you need to obtain in order to become a successful business owner. Some of the most common skills are listed below. Along with each skill, we provide an actual example of how someone included the skill on their resume:

  1. Customer Service -- Developed business plans and employee manuals with an emphasis on manufacturing, packaging and communication systems that provide exceptional customer service.

  2. Payroll -- Reconciled monthly activity, generated year-end reports, and fulfilled tax related requirements administered payroll and employee benefits and organizational insurance.

  3. Online -- Developed and maintained website to incorporate monthly special /promotion, online scheduling application and blog.

  4. Company Website -- Manage overall company as well as company website, adding functionality that allows customers to reorder services efficiently.

  5. Financial Statements -- Performed monthly bookkeeping, cost reporting, budgeting and prepared financial statements for various non-profit organizations.

Common Educational Background For A Business Owner

The education needed to be a Business Owner is normally a Bachelor's Degree. Business Owners usually study Business, Psychology or Accounting. 52.0% of Business Owners hold a Bachelor's Degree and 21.0% hold a Associate Degree. We found these by analyzing 35646 Business Owner resumes to investigate the topic of Business Owner education more precisely.

The most common colleges for students to pursue their goal of becoming a Business Owner are University of Phoenix and Arizona State University. We also broke down what colleges provide the best overall education for a Business Owner. Students have a great path to earning their Business Owner qualifications at the following schools:

  1. University of Pennsylvania
  2. Northwestern University
  3. University of Southern California

If you're interested in getting a college degree in an affordable college for Business Owners - Baruch College of the City University of New York is an excellent option for you. If your SAT or ACT score aren't as high as you'd like, you can look at Mount Saint Mary's University, as the admission requirements aren't too selective. On the other end of that spectrum are the Northwestern University, University of Pennsylvania and University of Southern California.

For those who would rather stay in your pajamas during the day, we prepared some online courses that can help in Business Owner education paths.

How long does it take to become a Business Owner?

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