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Nichola James
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Nichola James   My Press Releases

Business Ownership - The Benefits of Owning Your Own Business

Published on 4/24/2015
For additional information  Click Here

People that own their business are the happiest and most satisfied. They have time freedom and control over their lives. When you own your own business, it opens up the possibility of making more than you could possibly make as an employee. More importantly, your years of hard work can result in wealth not unemployment. Additionally, for the self-employed, just about everything is a tax write off.

Furthermore, when you own your own business, you will eventually have the ability, money and time to help others.  Most importantly, you will have more time to spend with your family. You develop more self-esteem. In addition, you have more freedom of time to do whatever you want and you have money to buy whatever you desire.

These are the 10 most common reasons to run your own business:

1.  You feel pride in building something of your own.
2.  You control your own destiny.

3.  You can find your own work/life balance.
4.  You choose the people you work with.

5.  You take on the risk - and reap the rewards
6.  You can challenge yourself.

7.  You can follow your passion
8.  You can get things done - faster.

9.  You can connect with your clients.
10. You can give back to your community.

There is a greater risk in starting your own business than being an employee who works for someone else. The odds may be against you because 40% of new businesses fail in the first year and another 40% fail before year five. Although, the odds may be against you, there are ways to beat the odds. The success rate for franchises is about 50% or more make it past five years. This is because franchises offer a proven “Turn Key” business. However, there is still risk with franchises. When you build your own business, you must strive to build it big enough, so that you can become self-employed. It should pay for your retirement and if you so desire, you could sell it. 

Additionally, there are hidden benefits of owning your own business. The personal development aspects of entrepreneurship are priceless. You will develop your public speaking skills, your might travel to new places, meet new people and gain people skills by the relationships and friendships that will be developed. These hidden benefits will be the result of the experiences and valuable skills that are developed in the process of running any business venture.

Finally, when you own your own business, you are in control, you are your own boss and this is great. You have choices. You get to make the decisions; no one tells you what to do. You get to help your customers and you could give jobs to others. You have flexibility and do not have to work the scheduled 9 to 5. More importantly, you get to build something from the ground up and you might even change the world. “When you start your own business, you get to shape and flesh out your dreams.” - Susan Ward.

Serious Affiliates Wanted! Self-Motivated, Determined, Patient and Ready to Start your Own Business from the ground up! You will get all the help, guidance, training and tools to succeed. You can gain Financial Freedom with this Twelve month plan! Ask Me How!

Member Note: To comment on this PR, simply click reply on the owners main post below.
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