Why do people start business?

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05-09-2021
Health

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Why do people start business?

Sagot :

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hatima hatima · Answer 1 · 2021-09-05T02:24:59-04:00

hatima hatima

05-09-2021

Answer:

There are several reasons why entrepreneurs are willing to take a calculated risk and set up a business. Possible motives include: ... Owners keep the profit as a reward for risk-taking and enterprise. The satisfaction that comes from setting up a successful business and being independent.

Explanation:

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userbrian userbrian · Answer 2 · 2021-09-10T03:10:37-04:00

Answer:

People start a business to:

Learn new skills and knowledge

Be your own boss

Take Challenges

See the direct results of your labour

Interest and enjoyment

Efficiency

Innovate and create

Variety

No more commuting

Money

Second career

Dreams really can come true

Explanation:

Starting your own business has several financial benefits over working for a wage or salary. First, you're building an enterprise that has the potential for growth – and your wallet grows as your company does. Second, your business itself is a valuable asset. As your business grows, it's worth more and more.

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