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IELTS TASK 2: The advantages of having own business outweigh the disadvantages

All in all, it is clear that being an entrepreneur is riskier than working in the companies since it has many obstacles, like hard efforts and uncertain income.

As an employee of an established business, you collect your paycheck on a regular basis, usually in oyur consistent amount. As a advantages of running your own business essay the boss becomes famous and extremely rich, his face is on runhing cover of Forbes magazine. Not having a consistent paycheck means business owners always need to generate new sales and revenues.

Advantages & Disadvantages of Owning Your Own Company

Business owners enjoy lifestyle flexibility, because they’re creating their own schedule. That recognition isn’t always as immediate and sometimes doesn’t come at all when you work for someone else. Back when I did customer service related stuff for larger companies, I had to abide by the mantra of, ‘The customer runnign always right’ and there are some rare instances where that is complete BS! Successful business owners have the opportunity to make more money for the risks they take. It is very hard to find a while for a rest, life advabtages advantages of running your own business essay of stress.

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Top 10 Reasons to Run Your Own Business |

Personal Satisfaction and Growth: Or sign up using:. Ten reasons why should be the year you finally start your own business. Everybody, who wants to become an entrepreneur has to consider, if he wants to live in a constant stress or have a quiet life working for essya else. Specifically, I like having my own money at risk, then having to live with the consequences of my decisions good or bad.


Siti, you did some pretty good work on this essay. For some, the business becomes the pursuit of a life-long dream. Work tends to consume more of runninv life with blurred lines between work and family time. Dahl lives in Asheville, North Carolina.

Evaluating Your Business Idea FAQ |

Adbantages Business – Chron. Of thought, action, strategy – you can do anything, unless it works ; Check out this dynamics licensing guide to find out how to give your company a boost.

Just as important, entrepreneurs say that owning their own business lets them set their priorities. You Feel Pride in Building Something of Your Own One of the biggest differences in owning your own company as opposed to working for someone else is the sense of pride you establish in building something of your own. Owners often experience significant variations in monthly income and have potentially higher debt accumulation.

She lives in Hawaii with her son and dog. Starting a Part-Time Vs.

Enter your email to reset your password. In other words, owning a business saves them from having to work advantages of running your own business essay anyone else. But, with risk comes reward. You learn to recognize good opportunities from bad ones. Nearly to be exact small business owners responded to the survey in which they were asked to name some of the reasons why they prefer to own their own small business as opposed to working as an employee for a larger company.


The type of business you choose makes some advantages and disadvantages more relevant, but most issues apply universally to business ownership. She holds a Bachelor of Arts in elementary education with a reading endorsement.

Businezs follows is a list of the 10 most common responses along with thoughts from some of the entrepreneurs who sent them along with thanks to everyone who participated.

A side hustle is when you start a business in your spare time — usually, in the evening and weekend hours. You Control Your Own Destiny Many entrepreneurs consider themselves “Type-A” personalities, folks that like to take control and make decisions.