You may have a job that pays you well and affords you career growth. Yet down the line, you might still be considering business ownership. There are numerous reasons why business ownership remains part of the American dream.
Why Business Ownership is Still a Part of The American Dream
One of the rewards of business ownership is the flexibility it affords you. As a small business owner, you can work wherever and whenever you want. You can set your own working hours, and determine the type of clothes you’ll wear at work. More importantly, it allows you to attend to other things more or equally important like spending more time with your family.
Another reward of being a small business owner is that you can choose the people you’d like to work with. Unlike when working for someone else, you’ll have the power to make decisions on whom to hire and fire. You can hire your personal friends, family members and former colleagues, especially if they have the skills and qualifications to contribute to your business. Making personnel decisions is one of the duties of business ownership that you can take on.
One of the best reasons to put up your own business is that you can follow your passion. Whether you are interested in blogging or a more traditional hobby like handmade crafts, you can make a living doing something you actually love. Business ownership not only enables you to follow your passion, but also gives you the motivation to finish things faster.
Finally, being your own boss also gives you tax benefits. According to the Small Business Jobs Act of 2010, a new entrepreneur is eligible for business ownership tax breaks of a maximum of $10,000 in start-up costs if he or she is able to put up the business before the end of the year.
To Find out More about how to you can earn tax breaks For Your Small Business Visit Here
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