Pros and Cons of Running a Small Business
Running a small business can be both a blessing and curse.
Pros:
• You’re your own boss. You don’t have to call in sick to anyone.
• You set your own schedule. If you want to take a nap every day at 3 PM for an hour and then work later, you’re free to do so.
• You can wear whatever clothes you want. You like T-shirts and shorts, that’s fine.
• You’re on the Operations Team. Heck, you may be the Operations Team. You’ve got a voice in your company’s success
• Rather than being a small fish in a big pond, you’re a big fish in a small pond.
• If your company is successful you don’t have to share the credit. You get all bragging rights.
Cons:
• If your company fails, the responsibility is yours.
• You’re on the ultimate form of commission. If your company doesn’t make a profit you don’t get paid.
• You must have a lot of personal discipline to manage yourself. This can be very stressful.
• You just don’t have the same financial assets that bigger businesses have, making it much tougher to be competitive.
Let’s take notice of that last point. You don’t have as much money if you’re running a small business. But technology innovations, like Internet fax, help small companies be competitive with big companies. We live in a tech world that is very helpful to small businesses, so weigh the pros and cons and make your choice.
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Internet Fax