So you are thinking of starting your own business. This can have advantages and disadvantages. Starting your own business will bring a sense of independence, and a sense of accomplishment. You will be the boss, and you can’t be fired, though there may be days when you would welcome it. Because you can pay yourself a salary and the profit or return on your investment will also be yours, you anticipate a good income once your business is established. You will experience a pride in ownership – such as you experience if you own your own home or your own automobile. You can derive great satisfaction from offering a product or service which is valued in the market place.
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