If you’re thinking about starting your own business or you’re just sick of slaving away every day for somebody else, then it’s time to consider what it means to be your own boss. There are many benefits to being self employed and while it’s certainly a challenge, having your own business means really reaping the rewards of your own hard work and dedication.
Be In Control of Your Own Success
When you’re running your own business you get to take charge and make real decisions. You can choose to take your business in whatever direction you think will suit you the most, giving you control over every facet of your company. You control your workload, your earning power, your clientele, the size of your business, when and how to expand, short and long term goals, you name it.
When you’re working for somebody else it’s not you who gets to decide whether you get a promotion, a raise, a bonus, branch out into other areas of business, take on additional or fewer tasks – everything about your work is usually dictated by somebody else. As your own boss all of these things will be entirely up to you.
Choose Your Working Hours
Flexible working hours are another significant benefit to being your own boss. You can tailor your schedule to suit you and your business, and you can alter it as and when needed. You get to choose when you have time off, when to be at the office, how long you’ll be working each day and even when you’ll get up in the morning. You can fit your schedule perfectly to your life, allowing time for family, for enjoyment, for holidays, for side projects, and for your customers.
Your Income is Up To You
When you’ve got your own business there’s no limit to how much you can earn. Nobody dictates your income or your earning power but you – it’s all about how much work you want to put in and how you run your business. If you’re putting in the effort, you’re reaping the rewards.
Build a Long Term Asset
When you’re working for somebody else your income simply stops when you stop working, but if you have your own business you’ve got an asset that can keep earning or that you can sell off.
As your own boss you’re building your business up to create a strong asset that can keep earning you money in the long term, even once you decide to scale back your involvement or retire. When you own a business you possess the earning power of the business, not just your own individual earning power. This means that once you decide to retire, the business will be running on its own momentum and can continue to provide you income (with the right management) or you might choose to sell the business, making a very welcome addition to your retirement funds.
True Job Satisfaction
Nothing quite matches the satisfaction of working hard at your own business, building it up from the ground into something successful. For all your efforts you’re left with something that you possess which you can be proud of, knowing that it’s the culmination of your life’s work. It doesn’t go away when you clock out at the end of the day, it’s your own and you can take it in whichever direction you want. Every choice you make means a real difference to the business and every success rewards you directly.
So whether it’s starting up your own new business from nothing, buying an existing business or taking up a franchising opportunity, being self-employed might just be the perfect option.
Same as in life itself, inexplicable vagaries in persons/businesses happen and what seems to be the best option is declaration of bankruptcy. If you are one of those people who are going through difficulty because of a loss of a job, or a home, or, that the business may have been badly hit by the recession, consider consulting north carolina bankruptcy attorneys. They are professional lawyers who are experts in handling the rigorous process of bankruptcy.
Bankruptcy proceedings can be too tough to handle. It is something people do not want to go through. Nevertheless, when certain decisions or situation lead them to it, is in this concern that they look into the positivity of things. They can still rise above the dilemma and find solutions where finances can be restructured.
- Debts need to be paid religiously. Creditors might took a respite but that doesn’t free clients from paying debt obligation. Bills and mortgages need to be paid to avoid forfeiture.
- Properties or business will not be lost. Contrary to common beliefs, filing bankruptcy will provide leeway for clients in order to keep their home, cars, and business.
- Credit score may be rebuilt. Although it is true, credit will take a backstep. But, once everything fall into acceptable terms, surely, credit score will improve.
- Take a huge leap in managing money. Of course, for a while, lifestyle will be generally affected. But, with responsibility and discipline about spending money, life after bankruptcy will normalize in no time at all.
If you are someone who enjoys fine wine, then an investment in a few wine refrigerators will pay dividends over time but even the most casual wine drinker can benefit by having a wine fridge. Wine can be expensive and it must be properly stored in order to retain both taste and value. If you have ever left a bottle of wine in the back seat of the car or in the trunk while running errands on a hot day then you know how hot weather can dramatically alter the taste of wine; wine can easily be ruined in as little as one hour if exposed to extreme heat.
A wine fridge not only stores wine at the proper temperature, it ensures that when you want to open and enjoy a bottle of wine it is good to go; there’s no need to break out an ice bucket or plan ahead and remember to chill the wine because the wine is always as it should be, every hour of the day or night. A wine refrigerator can save footsteps too – you may store the bulk of your wine in the basement, garage or some other remote location; a wine fridge can be strategically placed at the bar, in the dining room, kitchen or den or just about anywhere that is convenient for entertaining. The typical wine fridge takes up about two square feet of floor space; the height varies depending on how many bottles it is designed to hold. Many wine enthusiasts like to invest in two wine fridges, with one designated for red wine and the other for white wine and champagne. Most wine fridges feature a locking mechanism so you can make sure wine is accessible only to authorized users.
If you prefer to entertain by serving mixed drinks instead of or in addition to wine then you will want to invest in a few other small appliances such as a blender and an ice crusher; these are basic essentials for any home bar. It is best to have a blender designated for bar use in addition to one you might use in your kitchen because it ensures you are always ready to host a party. If you want to keep tabs on how much liquor you pour, pick up a few one-ounce pour spouts for your wine and liquor bottles. Step up your entertaining with a margarita machine and enjoy both alcoholic and non-alcoholic frozen drinks. Dazzle your guests with exotic drinks made from margarita mix or create clever concoctions of your own – everyone loves a margarita.
For a growing family, it is a must to have a car that can accommodate the entire family. Whether shopping around town or having an out-of-town trips, a family car is as important as having a spacious home.
In looking for a family car, aside of course from the overall safety of the car, the price, and its reliability depending on the usage and the climate, it’s a must for a family to choose a car that is roomy and spacious so the kids can travel comfortably. The backseat must accommodate three passengers with ease with safety buckles and enough space for the legs to allow some movements. There must be AC vents on the rear. Kids are too impatient especially when driving long distances. Drink holders is a sweet bonus for most cars. Plus, the trunk should hold up luggages, toys, food supplies especially for large families. Most SUV’s have bike racks that can add up storage area. It will be a great addition as it can hold up huge sporting equipment especially for adventurous families.
In choosing a family car, remember to keep an open mind. Never focus on a particular car brand. There are many car players now that offer the best functionality and safety depending on the size of a family.
Go for a test drive with your family and decide from there which suits your family need.
My mom doesn’t normally go out since she gets dizzy once she gets out of the house. But, there was an exemption when she needed to get her finger print done in Birmingham. My friend Julie drove us there and after the finger printing was done, we went to an outlet mall and there was my momma, pose after pose after pose
She enjoys going out, but when she starts getting dizzy, it’s no fun anymore, that’s why lately, she prefers to stay home. it’s safer for her. I would love to go back to the Outlet Mall. Maybe when some of my friends go there again, I may come and do a little shopping..:)
Have a great day y’all!
Five years ago, my brother in the Philippines put up a resto bar business with his friends. I didn’t know the details on how they went about the capital. All I remember was that my brother bought a set of musical instruments including equipment. If I’ve known, I should have recommended good Dunlop at musicians friend. Though I’m not an authority in the music business, I’m sure he might’ve gotten a really good deal. But anyway, something went wrong and the deal was off and my brother ended up selling his equipment. Maybe someday, he’s going to put up his own place and buy new equipment. I would know where to point him by then.
Lately, I’ve been seeing reunion pictures on FB. Though I feel a pang of.. envy I can’t help looking over them. It’s been a long time since I was home and I can’t even remember joining any reunion or get-together.
Surely, the reunions aren’t like those house parties we held in high school, with a few colored bulbs, a karaoke with 2 big speakers and cassette tapes of music selection. Right now, reunions are usually held at a bigger place, complete with mobile disco and cool DJs probably using excellent numark mixdeck at guitar center.
How much things have changed these past decades. Hopefully I will be able to join the reunions to come. Keeping my fingers crossed here.
Being a stay-at-home mom may not have the glamour and chic of that of a career woman, but it is an exciting and learning experience. As I have already mentioned in my previous posts, I’ve been into do-it-yourself stuff lately and I’m kind of enjoying it immensely. But of course, it’s not as easy as it sounds, it requires hard work and passion. It also requires a clear mind, especially when it comes to choosing the appropriate tools. There were times when I had an urgent need for a latch clamp when all I got was a push-pull toggle clamp. These things you will only learn and find out when you are at it. Now, does that sound fun? Well, not really.. But once you’re past those things, the rest come easy.