Running a small business is not for everyone. It can be very rewarding, but it also has its challenges. The following are the pros and cons of running a small business:
Pros:
– You have complete control over your business
– You get to set your own hours
– You can work from anywhere
– You don’t need to answer to anyone but yourself
Cons:
– There is no guarantee of success; you might work hard and still not make any money
– It’s difficult to start off with little or no money in the bank account; this means you may have to take out loans or use credit cards for funding your startup when you don’t know if it will succeed or not.
Upbiz Changed status to publish October 22, 2022