Advantages and disadvantages of entrepreneurship
Answers
Answered by
52
The Advantage of Entrepreneurship
1)it gives a great amount of freedom.
If you are working for a boss and a company, you need to meet all their requirements and only have very little freedom on the job. On the other hand, if you start your own business, you will be able to make your own demands and set your own schedule.
. It allows you to set your own earnings.
Of course, you will be the one setting your own wage and making investments when you own the busine
offers flexibility.
As an entrepreneur, you can schedule your work hours around other commitments, including quality time you would spend with your family
The Disadvantage -
It requires you to dedicate a huge amount of time.
One big challenge in starting your own business is the amount of time you have to dedicate to it. Remember that entrepreneurship is not easy, and for it to be successful, you have to take a level of time commitment that many people are just not willing to make.
2. It can be difficult to compete with other businesses.
It is very important for an entrepreneur to stay competitive. This means that you have to differentiate your business from others in your niche in order to build a solid customer base and, finally, become profitable
3. It does not guarantee 100% success.
Entrepreneurship would make your dreams come true, which does not often happen with traditional employment, but you need to make some sacrifices to make it happen
hope it's help fr u....,☺️
1)it gives a great amount of freedom.
If you are working for a boss and a company, you need to meet all their requirements and only have very little freedom on the job. On the other hand, if you start your own business, you will be able to make your own demands and set your own schedule.
. It allows you to set your own earnings.
Of course, you will be the one setting your own wage and making investments when you own the busine
offers flexibility.
As an entrepreneur, you can schedule your work hours around other commitments, including quality time you would spend with your family
The Disadvantage -
It requires you to dedicate a huge amount of time.
One big challenge in starting your own business is the amount of time you have to dedicate to it. Remember that entrepreneurship is not easy, and for it to be successful, you have to take a level of time commitment that many people are just not willing to make.
2. It can be difficult to compete with other businesses.
It is very important for an entrepreneur to stay competitive. This means that you have to differentiate your business from others in your niche in order to build a solid customer base and, finally, become profitable
3. It does not guarantee 100% success.
Entrepreneurship would make your dreams come true, which does not often happen with traditional employment, but you need to make some sacrifices to make it happen
hope it's help fr u....,☺️
Answered by
19
Answer:
Hey mate...
Here is your answer
Attachments:
Similar questions