When an individual wants to start their own business, it essential that they become knowledgeable about the advantages and disadvantages of entrepreneurship. Most entrepreneurs enjoy the freedom of working for themselves and being their own boss. Entrepreneurs have the benefit of being in control of their own business. There is also the excitement of planning and development. An entrepreneurs
. salary commensurate their efforts. The amount of of work they put out, is the amount of return they get. There is also the flexibility of work schedules. The entrepreneur determines their work time, when to take vacations and when to spend time with their families. Independence is an advantage that the entrepreneur enjoys. They make their own decisions and answer to no one. Some of the key disadvantages of being an entrepreneur are irregular salary, inconsistent work schedule, and overwhelming administrative work.
