Having a job is great but self employment is often more rewarding.
People with a job and those without a job, sometimes dream of starting their own business. The problem for many, is that they do not know what they want to do and how to get started, for that matter.
One draw back to having a steady job, is that you can usually only have one boss. In return for loyalty to an employer, employees receive a weekly wage or salary and perks such as annual leave. Running a business overcomes the issue of only being able to have one boss issue because in a commercial activity, there can be many clients rather than one boss.
Some people start a shop or work from home initially while performing some service or selling a product in the hope that they can build a client base and then expand.
Very often, capital to establish the enterprise, buy stock, market the operation and conduct commerce is limited. The availability of adequate loan or equity capital, inhibits potential business operators from getting started. One business that does not require a lot of capital is a commercial cleaning business.
Every work place, needs cleaning. Every home for that matter, needs cleaning too. In theory, that means that there are a lot of people looking for a cleaning service to spruce up and or maintain the health and safety of work sites and residences.
One way to get started, is to lease or buy cleaning equipment like sweepers, from suppliers like Capital Equipment Hire.
The Commonwealth Government offers generous instant tax write off concessions for new equipment to be used in business. Cleaning equipment, up to a certain value, can be written off in the first year and that makes purchasing machinery to make money, an attractive proposition.
In the cleaning industry, there are opportunities to expand. If the operator does a good job and meets all contractual obligations, there is a strong chance that new work will flow from testimonials and referrals. When that happens, the founder of the business can take on additional work by either working longer hours or hiring employees to service the new clients.
That is the benefit of running a business over being an employee: you can expand and gain additional income. Apart from the income earned from working in a business, in most cases, the business gains value as it develops and when the times comes to retire, it can be sold as a going concern.
People with a job and those without a job, sometimes dream of starting their own business. The problem for many, is that they do not know what they want to do and how to get started, for that matter.
One draw back to having a steady job, is that you can usually only have one boss. In return for loyalty to an employer, employees receive a weekly wage or salary and perks such as annual leave. Running a business overcomes the issue of only being able to have one boss issue because in a commercial activity, there can be many clients rather than one boss.
Some people start a shop or work from home initially while performing some service or selling a product in the hope that they can build a client base and then expand.
Very often, capital to establish the enterprise, buy stock, market the operation and conduct commerce is limited. The availability of adequate loan or equity capital, inhibits potential business operators from getting started. One business that does not require a lot of capital is a commercial cleaning business.
Every work place, needs cleaning. Every home for that matter, needs cleaning too. In theory, that means that there are a lot of people looking for a cleaning service to spruce up and or maintain the health and safety of work sites and residences.
One way to get started, is to lease or buy cleaning equipment like sweepers, from suppliers like Capital Equipment Hire.
The Commonwealth Government offers generous instant tax write off concessions for new equipment to be used in business. Cleaning equipment, up to a certain value, can be written off in the first year and that makes purchasing machinery to make money, an attractive proposition.
In the cleaning industry, there are opportunities to expand. If the operator does a good job and meets all contractual obligations, there is a strong chance that new work will flow from testimonials and referrals. When that happens, the founder of the business can take on additional work by either working longer hours or hiring employees to service the new clients.
That is the benefit of running a business over being an employee: you can expand and gain additional income. Apart from the income earned from working in a business, in most cases, the business gains value as it develops and when the times comes to retire, it can be sold as a going concern.
You can't sell a job but you can build and sell a business.
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