Activity # 5
Running my business give I the control of making my own decision the ability
to direct the culture of your company or business and the flexibility
that comes with it, whether that is working from home or wherever I want set up
my work place and work hours, to be solely responsible you’re the quality of
the service or product of my company.
Disadvantage
of being your own boss
Ø Being your own boss may have significant effect on the
following, no pension, no retirement plan, no paid vacation days and sick days
since you are paying yourself anyway.
Ø
Starting your own
business takes money. Depending on the type of business you want to start.
Ø Health benefits such as company insurance can be a major
financial problem for people who want to start business since the business had
not yet establish itself.
Advantage
of being your own boss
Ø With a successful business your money-making
potential as the boss is often significantly higher than working for someone
else.
Ø As a successful business owner you can name your own
schedule vacation, Days off, and working hours.
Ø As your own boss you will always have responsibilities,
but if your business is successful the responsibilities become less of a
burden. Things eventually fall into place.
