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Starting your own Business

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Starting your own Business
Starting your own Business
Author: Dennis Vilorio
Title: Self-employment: What to know to be your own boss
Link: http://www.bls.gov/careeroutlook/2014/article/print/self-employment-what-to-know-to-be-your-own-boss.htm
This article’s audience is the general public and also potential entrepreneurs. The purpose of this article is to inform people that are interested in becoming a business owner and the things that are needed to accomplish this, the rewards and challenges, becoming self-employed right for them, and resources to becoming a business owner. This article will aid several entrepreneurs that want to start up their own business with the information on statistics on occupations with high levels of self-employment, occupations with rapid growth, and occupations with high concentration of self-employment.
Three points in this article are rewards and challenges, researching and making a business plan, and networking.
1. With the rewards and challenges of being self-employment the author gives information on what a self-employed person can look forward to receiving such as; being able to have flexibility with your time, on the other hand also having the possibility of longer hours, making a great deal of money, or not making a lot of money and failing in the business, and most of all the satisfaction of building your own business from the ground up and being successful.
2. This article talks about an entrepreneur doing research to find out information about their product, the industry analysis, the competition and also finding potential customers. Researching is also a way for entrepreneurs to solve business problems, prepare them if they wish to expand their business, and to develop effective strategies.
3. When it comes to networking the author indicates that experts say networking is a powerful marketing tactic and one of the best ways for an entrepreneur to spend their time. Although some would say that “Word of Mouth” to be the best. Networking



References: U.S. Bureau of Labor Statistics, (June 2014) Retrieved from http://www.bls.gov/careeroutlook/2014/article/print/self-employment-what-to-know-to-be-your-own-boss.htm

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