Are you ready to create your own destiny?
Do you believe its time you became your own boss?
Maybe you feel its time to create something tangible for your future and your family’s future.
Local small businesses are the backbone to each and every one of our communities.
Yes, big businesses hog the limelight. However, local businesses at the end of the spectrum make up the overwhelming majority of businesses across the globe and play a fundamental role in keeping the economy humming, yet they rarely receive the public’s attention or praise.
There are almost 28 million small businesses in the US, and over 22 million are self employed with no additional payroll or employees (these are called nonemployers). business you must have annual business receipts of $1,000or more and be subject to federal income taxes
Local businesses are everywhere. They are what keeps our local communities humming along. From the plumber fixing your broken boiler to the pet sitter walking your neighbour’s furry friend while they are away on vacation.
Local small businesses also feed us on our lunch breaks, clean our homes when we don’t have the time to do so, and get us back on the road when our cars fail to start.
If you’re considering owning your own small business, you can open a small, its not as difficult as you might think as long as you know what to do and are ready to follow through.
Why start a small business of your own?
There are both emotional and practical reasons.
A small business of one’s own could act as a practical safeguard against job loss.
Low cost labor in developing countries make industries move to these countries. Less jobs are available in big companies in the developed countries. In such a situation, a small business of your own helps you earn your living.
More important in most cases would be the emotional benefits.
A Successful Small Business Enhances Your Dignity
Imagine this scenario:
- You are producing a product (or rendering a service) that has earned a reputation for quality
- You are helping society by employing people and treating them fairly and
- You are contributing to community by paying your taxes and supporting different causes
Don’t you think you would get a far greater sense of self-worth (over and above the community’s respect) in such a scenario? And feel more dignified?
Two questions might arise in your practical mind.
Would you really be able to run a successful small business of your own? That is what TheLocalDirectory.net seeks to help you with. By showing what is involved. By guiding to specific sources of information and help. By going into the details of specific issues.
The second question could be whether the kind of fair practices – quality products, fair employment practices and community welfare contributions – could lead to practical business success. They do, particularly in today’s world of increasing spread of information about everybody and everything.
The fair practices alone could not lead to success, however. You must look around the market for demand, supply and intensity of competition. You must identify what customers really expect from their purchases. You must know how to spread the word about what you offer, including its quality. (These are the things that TheLocalDirectory.net discusses).
Flexible Working Hours for You
Imagine the next scenario: You are a housewife who has a flair for drawing. You portray in your drawings many touching life-scenes you have seen. You use the computer to enhance the drawings and create multiple prints for selling at marketable prices:
- You work during your spare time after taking your small children to school and attending to household chores
- You might not work for several days when other pressing commitments need your attention
- You might even go on a sudden vacation when an opportunity arises
Do you think this kind of flexibility would be possible if you are working for a big company? Would you really enjoy the forced schedules and inability to make many commitments you would have liked to?
A small business of your own could make your life far mor enjoyable by providing you flexibility in living your life.
Being Your Own Boss
Imagine a final scenario: You have been following instructions most of your life – from parents, elders, teachers and bosses. The experience has not always been pleasant, particulary with bosses. You see your boss doing bad things, or wrong things, and can’t do much about it. You might even have to put up with arrogant or insulting behavior from them.
Now change the scenario: You follow the advice given at SmallBusiness-Start.com website. You select a business that is right for you, develop a clear idea on how to make money in that business, prepare a detailed business plan and implement it, and then manage the business along the right lines.
You would now be your own boss, aware of business issues and able to make your own decisions. And you are achieving success in the business too! Don’t you think this is a far better alternative to live?
More on Practical Reasons for Small Business
Small businesses contribute significantly to:
- Employment: Small businesses create far more employment than the huge corporations. The corporations tend to automate processes in order to make greater profits
- Innovations: Small businesses produce innumerable niche or customised or innovative products and services, as we discuss next
- Social Control: In the matter of environmental and other governmental regulations, it might be easier to control the smaller organizations rather than the huge monopolies. The latter might even control governments.
Numerous small businesses spread all over the country, and keeping a watchful eye on each other, conform to the idea of democracy better. This is in contrast to a few huge monopolies that gang up to control governments and the public minds.
Small Businesses Produce Interesting Goods and Services
Large corporations need huge volumes of sales to make profits. Naturally, they seek out products with potentially huge demand prospects, like mobile phones and TVs. If you want something that few others want, you are not likely to get it from a large corporation.
It is the small businesses that cater to niche products (and services), like cute trinkets or dog training advice. Small businesses could survive with much lower volumes of sales. And with niche products they don’t have to compete with the large corporations.
Small businesses make life interesting with innovative products (and services), say, juggling balls needed by magicians or home jewelry making advice. They could sense the small needs and respond quickly.
Large corporations tend to get bureaucratic with each manager trying to protect his or her own empire. Only standard products made in standard ways are likely to come from them.