Small Business
Mid term 1. What are the benefits of owning a small business??
Surveys show that owners of small businesses believe they work harder, earn more money, and are happier than if they worked for a large company. Before launching any business venture, every potential entrepreneur should consider the benefits of owning a small business. * Opportunity to gain control over your own destiny:
Entrepreneurs cite controlling their own destinies as one of the benefits of owning their own businesses. Owning a business provides entrepreneurs the independence and the opportunity to achieve what is important to them. Entrepreneurs want to “call the shots” in their lives, and they use their businesses to bring this desire to life. A study by the Hartford financial services group found that 53 percent of entrepreneurs cited “being my own boss” as the major incentive for starting their businesses (second only to “setting my own hours”, which was cited by 62 percent of respondents). Entrepreneurs reap the intrinsic rewards of knowing they are the driving forces behind their businesses. * Opportunity to make a difference:
Increasingly, entrepreneurs are starting businesses because they see an opportunity to make a difference in a cause that is important to them. Known as social entrepreneurs, these business builders seek to find innovative solutions to some of society’s most pressing and most challenging problems. Whether it is providing low-cost, sturdy housing for families in developing countries, promoting the arts in small communities, or creating a company that educates young people about preserving the earth’s limited resources, entrepreneurs are finding ways to combine their concerns for social issues and their desire to earn good livings. Although they see the importance of building viable, sustainable businesses, social entrepreneurs primary goal is to use their companies to make a positive impact on the world. * Opportunity to reach your full potential
Surveys show that owners of small businesses believe they work harder, earn more money, and are happier than if they worked for a large company. Before launching any business venture, every potential entrepreneur should consider the benefits of owning a small business. * Opportunity to gain control over your own destiny:
Entrepreneurs cite controlling their own destinies as one of the benefits of owning their own businesses. Owning a business provides entrepreneurs the independence and the opportunity to achieve what is important to them. Entrepreneurs want to “call the shots” in their lives, and they use their businesses to bring this desire to life. A study by the Hartford financial services group found that 53 percent of entrepreneurs cited “being my own boss” as the major incentive for starting their businesses (second only to “setting my own hours”, which was cited by 62 percent of respondents). Entrepreneurs reap the intrinsic rewards of knowing they are the driving forces behind their businesses. * Opportunity to make a difference:
Increasingly, entrepreneurs are starting businesses because they see an opportunity to make a difference in a cause that is important to them. Known as social entrepreneurs, these business builders seek to find innovative solutions to some of society’s most pressing and most challenging problems. Whether it is providing low-cost, sturdy housing for families in developing countries, promoting the arts in small communities, or creating a company that educates young people about preserving the earth’s limited resources, entrepreneurs are finding ways to combine their concerns for social issues and their desire to earn good livings. Although they see the importance of building viable, sustainable businesses, social entrepreneurs primary goal is to use their companies to make a positive impact on the world. * Opportunity to reach your full potential