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Advantages of running your own business

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Written by   38
3 months ago
Topics: Business, Success, Profit

Starting your own business is not easy, especially for those of us who have never been in business. What's more, the capital needed when opening a business is not small. To get around this, many people choose to run a business in partnership. However, there are several risks that often arise, including the difficulty of dividing profits, doing division of labor, and one party is often blamed if the business is in trouble.

Opening a business does require a lot of capital. However, do not use this reason as a barrier. The availability of financial institutions such as banks can be utilized. After all, what's wrong with starting a small business first? After all, the business can grow if we are tenacious and work hard.

As currently my wife and I are running a snack food business (crispy corn), even though it looks like a small business, but we are happy because everything is managed by us, starting from the goods, packaging, and distribution, everything we do ourselves.

I'm packing crispy corn
I distribute crispy corn

Although the result is not like a big effort but we are happy, at least there is income from the main job. Of course, having your own business has its advantages.

Opening your own business is preferable. The reason is, we can learn to be more independent and more sensitive to business opportunities that are around us. In addition, we are also not burdened by orders that come from superiors. For more details, here are the advantages that can be obtained by opening your own business.

We are the Boss

Opening a business is no longer limited by age. Both parents, employees, or a student can run their own business. Here, we also act as the boss. No one dares to order this and that, let alone yell at us because the boss is the highest position in business. All decisions and control is in our hands. It depends on how we manage the business to achieve success or even failure.

It's different when we become an employee or when we build a business with partners. We cannot act as we please because all decisions are not absolutely in our hands. Surely everyone wants to be the boss right? Own business is the answer. Hehehe

All The Absolute Profits Belong To Us

The result from sales of crispy corn

Profit sharing is often done when running a business with partners. This also often invites conflict if the distribution is one-sided. However, this is not the case for those of us who open our own businesses. Sole business allows us to get bigger profits, especially if the business is already large scale.

Have a lot of family time

I still have time for my family

Family is number one. Yes, this saying is true. Without family, life is meaningless. The routine in the office makes us often do not have time to gather with our beloved family. This is the reason why we are compelled to open our own business. The amount of time to gather with family can add happiness to our lives. What is money without happiness. True, or not?

Those are the advantages that can be obtained when opening your own business. And we feel it firsthand. It is undeniable that opening a business alone or with partners has its pros and cons. For that, we need to be prepared when unexpected things happen. The point is to prepare an umbrella before it rains. And I believe every business has its own advantages.

Thank you for reading, hopefully useful for all, by : @Bangs1803

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Avatar for Bangs1803
Written by   38
3 months ago
Topics: Business, Success, Profit
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