Starting a Business from Scratch

There are many benefits of starting a business alone. For example, you will keep all the earnings. You can make decisions quickly without a business partner or shareholder second guessing your decisions. You can work at your own pace as well. No one will shout at you and tell you that you should “do more than you are currently doing.” However, the downsides to starting a business from scratch are crippling. Did you know that you are personally liable for the debts your company if you go it alone? No one will share the blame with you or come to your defense. More importantly, you will be responsible for all functions .

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