4 Great Reasons to Set Up Your Own Business

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Many people dream of running their own business, yet few people actually manage it. You might have dreams of being your own boss and managing a team of devoted employees, but more often than not, life gets in the way. When you work full time for a living or have a family to look after, it can be difficult to muster up the courage to take the leap. 

Starting a business from the ground up requires a monumental amount of time and energy. As soon as you begin, it could take over your life, as you’ll be working late into the evening and sending emails on weekends. You must be committed to your company if you want to make it work.

But if you succeed, it will be more than worth the risk and the sacrifice. If you’re still unsure whether to take the plunge, here are four great reasons to set up your own business.

Be your own boss

When you are an employee, you spend eight hours a day working to make someone else’s dream a reality. You have to deal with terrible bosses, micromanagement, office politics, and strict deadlines. But when you run your own business, everything you do is for yourself. You can manage your own schedule, decide on your own tasks, and follow your dreams all day, every day. You will be much more fulfilled in your work and will never want to go back to the office again.

Better work-life balance

The traditional nine-to-five office structure is incredibly restricting. You have to be at work at a set time and finish your tasks according to a deadline. There is little flexibility in your days, which makes it very different to organize things like childcare, holidays, doctor’s appointments, and household errands. But when you are your own boss, you are in complete control of your life. There is no one telling you where to be or what to do, so you can fit your work around your personal life however you see fit. 

More money

If your business is successful, you stand to make a lot more money running a company than you will as an employee for someone else. It may take some time to become profitable, but the results will pay off in the end. You will get out exactly what you put in, so if you work hard and devote yourself to your business, you will reap the financial rewards.

Satisfaction

There are few things more satisfying in life than creating something successful. Building a business from nothing and seeing it take off will give you a sense of pride and achievement that you’ve never experienced before. As you see the profits roll in and the client list increase, the knowledge that you made this happen will make it all the sweeter.

In conclusion, setting up your own business can be a huge challenge, but it will be intensely rewarding and provide you a much better quality of life. Visit https://stepstostartingabusiness.com/ for some excellent advice on getting started.

4 Basic But Great Perks of Freelancing

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“I’m a freelancer”. It is something you are likely to hear more and more as you meet people. In the last few years, it isn’t just the ‘starving artists’ that is a free spirit, you’ll find a free-spirited account, assistant and graphic designers. There is a lot of flexibility with freelancing and home businesses, and it doesn’t work for everyone. But there are plenty of basic, and great perks. If you aren’t already freelance, maybe these are something for you to consider.

No Commute

Ahhh the joy of waking up and rushing to grab a train that is heaving with people, then run from that platform to a bus stop – said no one, ever. Many freelancers never have to leave their home, unless they choose to meet up with local clients. Stilling bumper to bumper during rush hour is said to raise your blood sugar and increase your cholesterol levels.

Zero commute = 100% satisfaction. Not entirely separate is that if you choose to travel, it can be anywhere. Peak season, off-peak, far away, backpacking… the list goes on. If you have a wifi connection, you can work, heard of the digital nomad? It’s not as uncommon as you think.

Be The Boss

This one seems to be the big winner when it comes to freelancing. Don’t like a client? Then you can terminate the contract. Don’t want a particular type of work? Then you simply don’t have to do it. Working with a terrible boss will have a negative impact on how you see what you do and your value in the company.

Forever Learning

When you first that the chances are you will need some help, getting things like your hardware, software, social media, appointments, and even some of the work that you chose to take on. While you are learning to be a human swiss army knife, you can also hire in companies on a long term basis that can help you tackle specific tasks. Appearing as a more prominent firm is simple when you have the right people in place. Managed IT services from Safebit, a good virtual assistant, and some automated customer services applications can help you manage your enterprise while you learn how to calculate your taxes, and work in and on your business.

Mental Health

When you work for yourself, if you feel that you are going to burn out, or that you can’t effectively perform your duties, the chances are you can take the day to yourself to rest, reset and recharge. In an office, there are often policies and procedures in place, but that might not be enough. You can control your workload down to the last minute during the week and only take more when you want to.

Taking short breaks during the day, when you feel you need one, not just because that is the scheduled break time is beneficial to both you and your work. Taking a proper time out for lunch, and even a nap can get your rested and refreshed ready to take on the rest of your work.