Advantages of Business Ownership

Why Own Your Own Business?

Business ownership along with financial literacy is the key to financial freedom. Business ownership is not for everyone; it is only for those who believe in it and have the guts to own the right business for the right reasons. Without the right reasons to endure the process to become a successful business owner we are bound to give up along the way. Here are 7 right reasons to own your own business:

1.  Tax benefits.

v  Tax laws favor business ownership

v  Build own asset instead of someone else

v  Build an asset that will continue after you are gone

2.  Build assets that produce income.

§  Attain financial freedom

§  Build own brand

§  Control your financial destiny.

3.  Provide solutions to pressing problems.

ü  Create positive impact on the lives of others

ü  Implement ideas of your own

ü  Work on what the world needs and you can be paid for

4.  Build skills.

Ø  Stay on top of your game

Ø  Learn by taking responsibility and by doing

Ø  Play different roles in your business

5.  Create jobs.

·       Provide direct and create indirect jobs

·       Hire the right people

·       Choose who you work with

6.  Accomplish more.

o   Be more effective

o   Direct your energy to the right endeavors

o   Get more done and faster

7.  Give back to the world.

• Create culture and story to tell
• Give to the right causes
• Build fulfilling relationships and community

 The best and fastest way to build a business is to learn from someone who has built a successful one!

Be blessed and be a blessing to others

Carlos Fontana

Author of the book PRICELESS, Co-author of the book Follow to Lead

"Those that take swift action will always leave those that don't breathing the dust"

"The future belongs to those who can see and pursue opportunities before they are obvious"

“Managers influence numbers, leaders influence people by inspiring them to pursue excellence”