Some people decide to start their own business instead of working for a company or organisation. Do the advantages for people working for their own business outweigh the disadvantages?
Several start-up companies have existed in this era. It is happen because there are many opportunities to be an entrepreneur. Although, some people think that work as a employee is the best choice in life. I believe that people who have their own company giving more positive effects than drawbacks.
Firstly, people who become entrepreneur have flexible time to manage their own business. They can choose what time do the company open and decide when it will be closed. Also, if people have a lot of orders from customer, they can open the company longer than usual. A further benefit is that people can open job opportunity. It is very helpful due to they can decrease the amount of unemployment in their neighbourhood. After that, the government is helped by reducing the rate of poverty level in a country. And of course, the owner of company feels satisfying because they can help other people.
On the other hand, becoming an entrepreneur has drawbacks effect. First of all is high-risk. It happens because if there is something bad happening, the company easily get bankrupt. Skills are needed to manage the company. Another disadvantage is that there are many competitors that compete to get many profits. The worse think that will occur is criminality. The competitor can do anything to be leader market.
All in all, I think to be an entrepreneur is more benefits than working in office as an employee. However, someone who wants to start business should think twice about the risk of tax and they must have big capital to make big company and to anticipate if there is a problem in financial sector.
Several start-up companies have existed in this era. It is happen because there are many opportunities to be an entrepreneur. Although, some people think that work as a employee is the best choice in life. I believe that people who have their own company giving more positive effects than drawbacks.
Firstly, people who become entrepreneur have flexible time to manage their own business. They can choose what time do the company open and decide when it will be closed. Also, if people have a lot of orders from customer, they can open the company longer than usual. A further benefit is that people can open job opportunity. It is very helpful due to they can decrease the amount of unemployment in their neighbourhood. After that, the government is helped by reducing the rate of poverty level in a country. And of course, the owner of company feels satisfying because they can help other people.
On the other hand, becoming an entrepreneur has drawbacks effect. First of all is high-risk. It happens because if there is something bad happening, the company easily get bankrupt. Skills are needed to manage the company. Another disadvantage is that there are many competitors that compete to get many profits. The worse think that will occur is criminality. The competitor can do anything to be leader market.
All in all, I think to be an entrepreneur is more benefits than working in office as an employee. However, someone who wants to start business should think twice about the risk of tax and they must have big capital to make big company and to anticipate if there is a problem in financial sector.
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