Sunday 14th September

If I was my own boss

Given the opportunity I would prefer to be my own boss over being an employee in someone else establishment. This is because running my own business will allow me to make my financial margin more flexible that is because I would be making more money than working for someone else. I would be able to make speedy and more make informed decisions about what goes on in my business thus enabling me to  build on my own business. Also my contribution as an employer will also allow me to build up my country by hiring individuals and creating a better life for families. Most of the profit for the business will therefore belongs to me, i will be able to have flexible working hours, take longer or shorter vacation as i see necessary since i am my own boss.
However, although there may be many advantages of being a business owner there are also many disadvantages of owning my own business. in the even that the business should fail all liabilities belongs to me, the stress of whether the decisions I make in my business will make or brake my business. dealing with competition and change in the economy can cause emotional and social stress. Also the long working hours can contribute to family problems.

     On the other hand, if I had chosen to be an employee, some advantages I would incur is that I would be guaranteed a steady income weekly, forth nightly or monthly. Also I would be entitled a vacation with pay to go and relax from the stress of work. If the business should fail the liability remain with the boss. However some disadvantages of being an employee could mean that there is no avenue for growth in the establishment. I may not be able to have an input if I see need for improvements in the business.