What's it like to have a business?As you grow up, it's basically an education assembly line in America. Elementary, Middle then High School. There is a structure by which most pass (there are exceptions of course). After High School, a person faces more freedom of choice. Trade School, College, straight into the work force or the military to name a few.
The choice of having a business is different for everyone but there are certain constants. Unlike working for someone else, being self employed means having no ceiling on how much you can earn for yourself. Keep in mind that there's no floor either so it's possible that you make no money and in fact need to put your own additional savings into the business to keep it propped up in the hopes of generating a profit.
If you've worked for a great deal of time then you take certain structure from your time as an employee and set it up for yourself and your own business. Like what? Well, the days and time it will be open, how you dress for work, the style of how you run the business (corporate, artsy, rigid, etc...).
I know I would not have been successful had I not worked before as an employee. Taking the best practices from what I've been exposed to and leaving the parts which create disharmony is a way to create your own type of dream job (except you can sell it once you're done with it).
I am a CPA in San Antonio and provide bookkeeping, payroll, taxes and more. We offer a free initial visit and look forward to serving your business needs.
Richard J. Garcia | 06/15/2011