Some people decide to start their own business instead of working for a company or organization.
Do the advantages for people working for their own business outweigh the disadvantages?
Numerous people prefer to set out their own business rather than involving themselves in a company or organization. Although there are some benefits and drawbacks for those things, I believe that the convenience starting a new business outweighs the disadvantages.
People who set out their business by themselves have some drawbacks. The common problems are the level of competition very tight. Thus, they have to make their business stand out than others, especially those who live in the city center. Another reason is those who run their business by themselves, there is no guarantee about pension costs like the other employees since they might be bankrupt incidentally and left many debts.
On the other hand, setting out business by own self in fact having several benefits. Firstly, people able to manage their time without any restriction from their company's owner. Besides, those who drive the business by themselves are more independent thanks to every decision which is made solely being personal responsibility without others interferences. In addition, they also have much free time for their family. A recent study by La Trobe's University found that people who earn money by themselves have more pleasure than those who work in the office.
In the final analysis, even though some people more rely on their life by working in companies, being the owner in own business apparently gives more satisfaction because everything able to control. Furthermore, driving company by own self also has much time with the family. These are properly good for those who have natural ability in business.