Importance of having your own business

The followings are benefits of having your own business:

You become the boss as you are the one who run and operate the business to achieve the level you want inorder to become successful in your business.By being your boss,you are able to hire qualified and skilled employees to work and run the business on your behalves by delegating them duties and responsibilities as you concentrate on other matters.

You enjoy all the remaining profits the business has made after paying all the debts the business had incur.

You become royal model to other people as other people will try their best to also reach your achievement level.

You improve your own standard of living plus those of staffs you have employed as the staffs earns salary which enable them to improve their living lifestyle's.

You also bring the products and services closer to consumers thus reducing consumer burden's on walking for long distances looking for the said products and services.

You assists in making sure you make maximum use of available resources and scarce resources as all resources available are not gone into waste.

You also contribute to the performance of economy as you pay taxes and other levies which are being used by government to improve the gross domestic products verses gross income.

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