Disadvantages of entrepreneurship development , Business Law and Ethics

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Disadvantages of Entrepreneurship Development

  • You will be your own boss and the boss of other people and make the decisions that are crucial to the business' success or failure. It means no advice or direction from any source will be available.
  • You will have the chance to put your ideas into practice. You will have to ensure that ideas are good and will be financially benefiting.
  • You may have to take a large financial risk and will probably have to work long hours and may have fewer opportunities to take vacations.
  • You may end up spending a lot of your time attending to the details of running a business and less time on those things you really enjoy.
  • Sometime do not have much income coming in.
  • You may find that your income is not steady and that there are times when you may not make any income.

 


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