5 Things Every Business Should Be Thankful for this Year
Being a small independent business owner is quite different than working for someone. You may not have the steady paycheck, contribution to pay for health insurance and a 401K or even the convenience of your taxes being taken out each pay period, but you do have the freedom to live your life on your own terms. Like anything in life, there are positives and negatives to being your own boss, but in light of the new year ahead of us, let’s take a look at the positives of owning your own business that every business owner should be thankful for this year.
Personal and Professional Accomplishments
You may think that personal and professional accomplishments do not have anything to do with one another, but as a small business owner, they have everything to do with each other. When an individual takes the dream of owning their own business and make it into a reality, they have not only succeeded in seeing their business plans through, but they have also carved out a life for themselves on their own terms. Starting up a business is not easy. Building something from nothing is both a professional and personal accomplishment that all business owners should be proud of.
Doing What You Love
Not many people can say that they love what they do. When something that began as an idea and a dream becomes a fully operational business that you’ve created on your own, how can you not be excited for each new day? Getting up each morning, knowing you are headed to a place that you can call your own, is an amazing feeling. Though there may be some ups and downs along the way, you have escaped the grind of the 9 to 5 world and are putting cash in your own pocket, not someone else’s.
Contributing to Your Community
By owning a small business, you have the opportunity to give back to the community you live and work in. Small businesses promote growth in an area by providing jobs, contributing to the local economy, helping to fund schools, and increasing the quality of life in the community that your business is located in.
In the past, many business owners were tied to their work for a variety of reasons, not the least of which was the worry of how their business would operate in their absence. With technology today, you can really work from just about anywhere in the world. Access to virtual meetings, file share apps and programs, security cameras viewable from your smartphone, and so much more, make it possible to stay connected to your business wherever you go. Enjoy a break, you’ve earned it.
Being Your Own Boss
Being your own boss means that you can make all decisions for your business without having to go through the proper channels or the chain of command that happens when you work for someone else. Your vision is your own to see through. With no office politics, dead-end positions, or salary limitations, you can take your business in whatever direction you want.
If you decide to expand or make changes needed for business growth, then you can do it. You do not need to get approval. If cash flow is an issue when you decide it’s time to make a move, small business funding gives you the flexibility to act quickly and decisively. There is no reward without risk, and the mere fact that so many possibilities exist for business owners these days is definitely something to be grateful for.