Post
Topic
Board Economics
Re: Benefits of owning a business??
by
LDL
on 13/03/2025, 23:56:54 UTC
Owning a business comes with many benefits such as financial Benefits cos your income won't be like a regular monthly salary, the more successful your business the more you earn.
You will have money coming in every day that helps you cover day-to-day expenses instead of waiting for a monthly salary before you can cover those expenses.
You've already said what it means to have your own business. Whereas an employee has to wait for their monthly salary, having your own business means you don't have to wait. You can't end with the benefits of having your own business, but rather you can say that you can implement important benefits such as your own thoughts and consciousness, independence, establishing and implementing your own planning, etc. Just as you don't need to be accountable in your own organization, you don't have to be accountable to any superior for the profit or loss of your own business.