For many people, running their own business is the fulfillment of a life long dream ; for others it would be their worst nightmare….
Some people are cut out for it whilst others are destined only to be truly happy when they are an employee. You know yourself better than anyone, and therefore only you truly know which option is best for you.
So, if you have ever thought about running your own business, here are just a few of the pros and cons to help you weigh up if it would be right for you.
Pros
You write your own job description
You decide what you do ; your duties and responsibilities are entirely created by you. You decide the objectives of your role.
Freedom
You are free to make decisions about every aspect of the business, without being restricted by corporate rules and regulations. You are free to choose where you work – be that at home or in an office – it’s your decision. You are free to wear what you like. Suit and tie not for you? Then, you don’t have to feel obliged to wear one.
You choose the working hours
You don’t have to be bound by the 9 – 5. If working all night suits you better, then do it. You decide when your “work-shifts” are and how long they are.
Job security
You can’t get sacked. You can’t get made redundant. The security of your role is entirely dictated by you and whether or not you have made a success of things.
You reap the rewards
Whether it is in in terms of financial rewards or in positive customer feedback, you will directly benefit from your hard work . Put in the effort and you will get the recognition for it – no longer will you see someone else glorying in the praise of a job well done – well done by you that is.
You decide what you do ; your duties and responsibilities are entirely created by you. You decide the objectives of your role.
Freedom
You are free to make decisions about every aspect of the business, without being restricted by corporate rules and regulations. You are free to choose where you work – be that at home or in an office – it’s your decision. You are free to wear what you like. Suit and tie not for you? Then, you don’t have to feel obliged to wear one.
You choose the working hours
You don’t have to be bound by the 9 – 5. If working all night suits you better, then do it. You decide when your “work-shifts” are and how long they are.
Job security
You can’t get sacked. You can’t get made redundant. The security of your role is entirely dictated by you and whether or not you have made a success of things.
You reap the rewards
Whether it is in in terms of financial rewards or in positive customer feedback, you will directly benefit from your hard work . Put in the effort and you will get the recognition for it – no longer will you see someone else glorying in the praise of a job well done – well done by you that is.
Go to page 2 for the potential Cons…
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