Thank you for your question and it is a pleasure to share my thoughts on this topic.
There are no hard and fast rules that tell you what makes a good owner. However, I think there are some general traits that can be attributed to a good owner, such as:
- A good communicator.
- Budget-conscious.
- Detail-oriented.
- Driven to achieve the goals of the business.
- Creative and innovative.
- Open to learning new things.
- Determined and focused on the long term.
The list can go on, but the main point is that the person you select should have the right traits. He or she should be able to understand the basic requirements of the business and have the right kind of mindset to succeed.