"Being your own boss" is a somewhat cliched reason that is often given for being a business owner. However, the problem is that everyone is not affluent enough to invest a large amount of money. Would you rather be self-employed, work for someone else, or own a business?Use specific reasons to explain your choice.Answer: Even though every adult works for money and self-realisation, some prefer to be self-employed, while others choose to be a professional employee. Firstly, starting your own business generally requires an initial investment. 03.10.2016. Ap language synthesis essay in general, the noun synthesis from the ancient greek σύνθεσις, σύν “with” and θέσις “placing” refers pay for essay example. As might be expected, starting a small business has many advantages and disadvantages. You work for your own profit. Other questions may relate to your experience, background and goals, which can indicate your competence in running the business successfully and in accordance with the franchise model. There is no supervisor to look over your shoulder or to chastise you for coming in late. All of us have a lot of ideas about the things that we think about; most of the time we do not even recognize how millions of ideas got through our brains. RUNNING YOUR OWN BUSINESS. Having the courage to take a risk and start a venture is part of the American dream. Advantages of Starting Your Own Business: 1. Even though you may be fed up with working for a boss in the SEO agency, it is wise to take all these into consideration before starting up your own business. Having the courage to take a risk and start a venture is part of the American dream. However, the risks in starting your own business are far greater than if you were an employee who worked for someone else. RUNNING YOUR OWN BUSINESS Before starting this activity, review the Week 8 LEARN (e-Activity) (there are several) and read Chapter 10 in the course text book. 2) Another advantage of owning your own business is that you’re your own boss. They decide what hours to work, as well as what to pay and whether to take vacations. For many entrepreneurs the freedom to control their destiny is enough to outweigh the potential risks. 3) An additional advantage is that a sole proprietorship can be easily organized. CONTACT. Owning your own business and being the boss brings a lot of benefits. Of course, every individual has his own opinion about the strengths and weakness when it comes to serving in a big firm or managing his own business. Check cooper parry for advice. It's especially important to franchisors that the franchise model be maintained, as a franchise's success depends on the uniform application of the system they have developed. This is where we step Advantages And Disadvantages Of Running Your Own Business Essay in, the 6DollarEssay.com. For example, the owner of the business might need to invest in machineries and buildings to start a business. Independent News of Global InterGold. Keep on reading! Starting a business takes a lot of time and thought. Advantages and disadvantages of running your own business essay rating . With the help of setting up a business, you will be helping to grow the economy of the government along with providing job opportunities to many others. Jit manufacturing case study: process and analysis essay … When you own your own business, you get to make your own rules. Others prefer to work for an employer. Business Finance - Management. It is just as exciting to own a business on Day 1000 that it was on Day 1. Having your own business – advantages and disadvantages Many people dream of becoming a famous and rich entrepreneur like Steve Jobs or Bill Gates. 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