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What are the pros and cons of business start up?

What are the pros and cons of business start up?

The pros and cons of starting your own business

  • PRO: You can (finally) live your passion.
  • CON: You need tonnes of self-motivation.
  • PRO: You’re the boss.
  • CON: You’re responsible for EVERYTHING.
  • PRO: You can have a flexible work-life balance.
  • CON: You might not always have consistency of pay.

What are the positives and negatives of using investors to start your company?

Is Having a Private Investor Right for Your Company?

  • Pro: It’s Not a Loan.
  • Con: It Dilutes Your Share of Earnings.
  • Pro: You Don’t Need a Proven Credit History.
  • Con: The Stakes Are Higher.
  • Pro: It Gives You Access to The Investors’ Expertise.
  • Con: You May Lose Some Control.

How do I choose which startup to invest in?

How to Choose a Startup Investment

  1. Start With What You Know. First, look at potential investments in an industry or business segment where you already have some degree of expertise.
  2. Immerse Yourself in the Startup Environment.
  3. Study the Management Team.
  4. Identify Differentiating Factors.
  5. Know What to Avoid.
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What are the pros of starting a business?

Top 10 Reasons to Run Your Own Business

  • You Control Your Own Destiny.
  • You Can Find Your Own Work/Life Balance.
  • You Choose the People You Work With.
  • You Take on the Risk – And Reap the Rewards.
  • You Can Challenge Yourself.
  • You Can Follow Your Passion.
  • You Can Get Things Done – Faster.
  • You Can Connect With Your Clients.

What are the disadvantages of investment?

Disadvantages of Financial Investment

  • High Expense Ratios and Sales Charges. if you’re not paying attention to mutual fund expense ratios and sales charges; they can get out of hand.
  • Management Abuses.
  • Tax Inefficiency.
  • Poor Trade Execution.
  • Volatile Investments.
  • Brokerage Commissions Kill Profit Margin.
  • Time Consuming.