One big enticement for business ownership is reaping the bigger financial rewards. Successful business owners have the opportunity to make more money for the risks they take. A tax preparer who makesa bout $15 per hour knows the firm charges several hundred dollars for the service he provides. When employee feels his value is worth more than the pay scale, opening his own business begins to make a lot of sense.
However, business owners tend to experience high levels of stress as well as health issues. Not having consistent paycheck means business owners always need to generate new sales and revenues. Owners often experience significant variations in monthly income and have potentially higher debt accumulation. Bigger businesses that have a higher monthly overhead mean the business owner is responsible for others livelihood, whic also adds to personal stress.
One
big
enticement for
business
ownership is reaping the bigger financial rewards. Successful
business
owners
have the opportunity to
make
more money for the
risks
they take. A tax preparer who
makesa bout
$15 per hour knows the firm charges several hundred dollars for the service he provides. When employee feels his value is worth more than the pay scale, opening his
own
business
begins
to
make
a lot of
sense.
However
,
business
owners
tend to experience high levels of
stress
as well
as health issues. Not having consistent paycheck means
business
owners
always need to generate new sales and revenues.
Owners
often
experience significant variations in monthly income and have
potentially
higher debt accumulation. Bigger
businesses
that have a higher monthly overhead mean the
business
owner
is responsible for others livelihood,
whic
also
adds
to personal
stress
.