August 1, 2010
What's the big idea of being a business owner?
A business is an organization that usually provides goods and services to others that want or need them. The word business often follows behind the idea of a large wealthy corporation. Businesses are normally formed to earn profit, increase the wealth of its owner, and grow the business itself. Most owners and operators of a business most likely have one main idea. That’s to generate a monetary return in exchange for work and acceptance of risk. Known as the social science of managing people to organize and maintain collective productivity to obtain revenue. Why own a business? It is the business owner who benefit in a business establishment. As we all know the best gain of having your own business is the fact that you get be your own boss. Another wonderful advantage in the entrepreneurship field is the amount of choices you can choose from in the market of business opportunities. Job security is a great factor. No one can fire you. You just need to make sure that your business runs smoothly and you would not end up in any kind of trouble. With a long range of support sources such as the Small Business Administration, the local Chamber of Commerce and other local and national organization, a lot has changed in recent years. With that, owing and running a business is just as easy as said. In today’s world women open business at almost three times the rate that men do, and there is a solid network.(Chartier 1) Do to the solid network; it is also easier for women to gain funding for a new business. Banks are always gazing for women entrepreneurs, do to the rapid rate women are opening businesses. Women often felt the urge of going into business for themselves for more flexibility. The unbending 9-5 can take its toll, especially if you have children. But being the boss lets you decide if you feel like working at the office or at home....
Chartier, Lynette. “The Benefits of Owning Your Own Business.” Afroarticles.com. N.p., 3 Oct. 2007. Web. 1 Aug. 2010
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