Tuesday 7 July 2015

EMPLOYMENT VS BUSINESS

The debate between employment and business has been there since time in memorial.
Some may prefer to be employed rather than setting up their own firms, while the rest opt to start small business to enhance their lives.

Well, both  fields have their own prons  and cons that one needs to take account of when venturing into. Today I  will be analyzing ths advantages and disadvantages of both aleave you to decide which works best for you!

Many of of us have been brought up  knowing that we always go to school so that in the future  we may get a good e mployment. Well, it is the reason why we struggle to to excel in our studies.Today  we have many People who qualify to proceed to higher education.

Employment is the only sector where  you are assured of your incomeby the end  of the month unlike in business where your income depends on the demand of your products/services in the market.

Another merit of being in employment is that you may get promotion for higher position in the hierarchy and your salary maybe increased. This can boost your self esteem. Sometimes the company   that you are working for may decide to reward it's employees and organize a  trip to go where you have always desired to go.

On the other hand, being in business has its own rewards which you will enjoy. You will have the freedom of opening the business whenever you feel like and also on which day of the week. Unlike in employment where you have to report at your working station by eight in the morning and leave by five in the evening. Also you may make as much money as possible provided you give the customers the best quality of your products or services.

Having your own firm, you will be able to monitor the cashflows and decide whether you should inject  fresh capital or not. Fortunately, you may get incentives from the government boost your business.


To me, there is no sector which is the best but if you can do part time business and part time employment,  you are going far!!!


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