Reasons for starting a business

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  • Created by: Sammy_
  • Created on: 30-12-14 17:01
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  • Reasons for starting a business
    • They want to be their own boss and make their own decisions
    • They want to keep all the profits of a business for themselves
    • They need a job and starting their own business is one way of making sure that they are employed and, hopefully, that they earn money
    • They have an interest or hobby and this grows into a business
    • They want to prove something to themselves by showing they can start a business for themselves. This may give them a sense of satisfaction
    • They want to provide a service for others. Some businesses are set up to help other people, for example to provide a post office in the local community or help run sports activities fr young people. These are social enterprises and are not necessarily profit making.


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