Tilly Talks Pro's and Con's

Anyone unsure of the pro's and con's to small business owning should read. It is important to get all the facts before making a decision that could affect the rest of your life.

Pro's:

• Chance to make more money than can from working for someone else.
• Be your own boss and make decisions you feel are important.
• Might have the opportunity to be someone else's boss.
• Job security.
• Participation in every part of the business.
• Learn more and gain valuable experience.
• More customer interaction.
• Benefit local economy.
• Personal Satisfaction.
• Do something you love.
• Chance to build real retirement value.
• Start your family in the community you want.

Con's:

• Large financial risk.
• May work long hours.
• More time focused on business than other hobbies.
• Income may not be steady at first.
• May have to do tasks that are unpleasant to you.
• May need to learn new things to make your business grow and succeed.

Pro's and Con's of the Home-Based Business:

• Lower start up costs.
• Lower operating costs.
• Shorter commute.
• Location unimportant.
• Vulnerable to interruptions.
• Trouble attracting qualified employees.
• Less accessible to suppliers.
• Limited space.