Small Business Pros And Cons

1076 Words5 Pages
With the competition for jobs becoming more and more difficult, instead of applying for some and crossing their fingers that someone else doesn’t get the job before they do, some people are deciding to start their own small business. A small business is basically a privately owned company that is run by either a corporation, a partnership, or just a single person. Now, owning a small business comes with its pros and cons. However, the pros of owning a small business seem to outnumber the cons. So if I had the choice, I would be interested in owning a small business. Being the owner of a small business seems to have many benefits. First off, if you decide to work for somebody, then you can only get paid what they think suits you based off your experience and skills. However, if you own your own small business, you’re able to make much more money because you’re able to set your own price that customers would have to pay for you to provide your goods and/or services. Tying in with setting your own price points, being the owner of a business means you also get to be your own boss. You’re able to make your own decisions that you believe will turn your small business into a successful one, such as hiring well-qualified employees to help make it run as smoothly as possible. Being the boss of your own business also means that no one can fire you, so you don’t have to worry about spending more time looking for another job and stressing over having to pay for your mortgage or paying
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