Pros and cons to open a small business Essay Example | Topics and Well Written Essays - 1000 words

Pros and cons to open a dinky commercial enterprise - Essay ExampleThis discussion illuminates the many advantages and disadvantages of opening a small stemma then presently discusses the merits knotty in the purchase of an existing vocation as opposed to starting one and only(a) from the undercoat up.For a soul that embodies the true entrepreneurial spirit, the chief goal and appeal of opening a small business is to create something novel, not simply in managing someone elses conception. Because of this, beginning a business of ones let construct is an appealing notion (Helfand, 2007). Operating ones have got business can be advantageous in many ways. First, and probably foremost is that a person can be their own boss. They are therefore able to make their own decisions and set their own hours. Nobody admonishes the owner for being late or taking an extra days vacation. No one tells the boss where to be and when to be there. The owner of a small business answers to no one besides the customer and even this is a choice. Unreasonable clients can be fired. The owner is not involved in petty organizational politics. No one is trying to undermine your authority or accomplishments so as to climb the corporate ladder quicker. The owner of a small business is and always pass on be at the top. There is no ceiling on earnings potential to the owner of a small business. It is the best way to realize the American dream. The more the business succeeds, the more profit is make and the owner decides how to distribute the earnings. Gone are the days of working for a pre-determined salary knowing that efforts make were probably making money for invisible investors who didnt have a clue about the business nor appreciated the tremendous sacrifices that allowed it to profit.The owner of a small business has the ability to develop particular skills and familiarity needed for the growth of that business instead of having to focus on only the constrained