You’re sitting in your cubicle at work with ideas churning in your head about the business you want to start.
There are times when the possibilities excite you so much you can’t sit still!
And… there other times when the obstacles seem so steep, that you just want to collect your paycheck and go home at the end of the day.
If you’re trying to reconcile all the competing thoughts and emotions, here are 3 important small business benefits that may motivate you.
Doing what you love
We’re going to presume that your idea is one that you’re particularly passionate about—and if it’s not, you should probably go back to the drawing board.
But life is short and spending 40-50 hours a week doing something you’re ambivalent about (or even hate) is soul-draining.
Working on your passion means playing to your strengths. It means improved attention to detail because of your natural knowledge of the subject matter. You’ll also have a sharper eye for what the current market isn’t providing.
Setting the agenda
Everything from how many hours you work to the priorities of your business will be your decision.
How many times have you and your coworkers lamented the course of action the supervisors were taking on a company initiative?
How many times have you wished you could start work earlier and leave by the time the kids got out of school?
When you start your own business, you control those decisions.
A lot of your expenses will be deductible when you start your own small business, from gas to meals to travel expenses.
Of course, they have to be for business-related purposes, but you’ll be surprised how much of your life is now business-related—and therefore 40 percent cheaper by the time tax write-offs are factored in.
We don’t mean to imply that being an entrepreneur is a life of non-stop bliss or that there aren’t difficult challenges to overcome. But if the 3 factors above really hit home with you, then it’s likely that the benefits of owning a small business outweigh the potential drawbacks.