For Discussion: Reasons and Advantages for Becoming an Entrepreneur:

Reasons and Advantages for Becoming an Entrepreneur:

1) You yourself become the boss.

Make all the decisions on your own rather than getting the permission by the approval of all the directors or owners. Plan everything according to your own decision such as selecting the sellers, buyers and partners.

2) Opportunity for greater financial success.

Enjoy all the profit that you have earned by your previous hard work. Employees usually only get the fixed wages / salaries or commissions that decided by their employers.

3) Opportunity to build equity.

Own your own business and the business or equity and assets can be sold or passed to your heirs. Retired employees normally live on a pension.

4) Opportunity to have control over your life and job.

People have more freedom and greater motivations to manage and operate your own business.

5) Ego satisfaction and create opportunity for philanthropy.

To be famous and visible in their community or become membership in various corporate boards, such as chambers of commerce, business awards, community boards and etc. As being a financially successful, you would like to help some of the communities or institutions or charities.

Reference:

South West Ireland Weblog, Reasons and Advantages for Becoming an Entrepreneur, viewed 24^th September 2010, http://sohosoloireland.wordpress.com/2009/01/13/reasons-and-advantages-for-becoming-an-entrepreneur/

For Discussions: Advantages and Disadvantages Working From A Home Office

Working from a home office is growing in popularity nowadays.Many people are opting to leave the corporate office business buildings and remain to work at home.

What are the advantages and disadvantages to working from a home office? Actually, the advantages might also turn into a disadvantages depending on the type of personality you have and your working habits.

One of the advantages to work at home office is clothing. You can wear essentially anything you like while at home. There are no company dress codes or uniforms. A great deal can be saved on not having to purchase suits, corporate clothing or paying a dry cleaner.

However,in the opposite side, it can be a disadvantage to work in anything that you want. It is a great motivational factor to some people that being required to report to work at a specific time and wearing certain clothing. Not everyone is able to stay motivated to get started with their jobs in the morning if they don't have a routine they are mandated to follow.

Another advantage is that working from a home office means no commuting in business traffic or paying for gas to travel back and forth to work. There is no pressure to clock in at a certain time or go to the office when you are not feeling well. Stress is greatly reduced with the freedom to begin work when you are ready and take breaks as needed. In addition, you do not have to worry about road rage, traffic accidents or driving in inclement weather.

A disadvantage to keeping your individual work schedule is getting behind in work tasks. You can waste time and end up not being able to socialize or participate in anything outside the home while trying to complete deadlines and get organized.

Furthermore, working from a home office enables you to save money on childcare. Children can be attended to between work tasks and have more time with you. Domestic responsibilities can be squeezed in during the daily routine between work assignments.

However, a disadvantage to working from a home office is spending too much time with the family. You can easily become distracted and get behind in your work schedule. Many of your friends might not realize that you are actually doing real work. They're apt to drop in at anytime to visit or call you to go out to socialize when you need to be doing work related tasks.

Working from a home office will save expenditures with renting an office space to operate your business. You can save on utilities and even make certain tax deductions because of using home space for work.

The flip side to saving rent is that clients might not want to come to your home. The clients that do visit or know you operate from a home office might want lower fees for services and products because they view you as less professional then a competitor with a rented office space.

As a result, there are advantages and disadvantages for working in home office. So, how you think guys? Please leave comment for us, thanks.

Reference:

http://EzineArticles.com/?expert=Niall_Roche

Objectives

We would like to know more about SoHo, so we will look into these objectives.

Objectives of our topic (SoHo):

• To identify the benefits / advantages / reason for
• To have a better understanding of the process and strategies (business process) of SoHo
• To discover the issues / problems / challenges that SoHo faces

What is SoHo?

Last week, a friend ask me, what topic I'm doing, I told him my topic is SoHo. He said:" SoHo? Izzit the pub?" I answered, "Ya, I'm going to introducing the pub." " Wow, cool, I thought we need choose topic that are related to e commerce.."
Haha.. funny ..

So, do you know what is SoHo guys? SoHo stand for small office/home office, a term that refers to the small or home office environment and the business culture that surrounds it. It also called as a virtual office. SoHo involves only from 1 to 10 workers while a larger business enterprise is often categorized as small business. When a company reaches 100 or more employees, it is often referred as Small and Medium-sized Enterprises (SME).

At the end of the 20th century and the beginning of the 21st, the term "Small or Home Office" and its variants —along with the acronym "SoHo"— have been used to a great extent by companies who market products targeting the great numbers of small businesses that have a small or medium sized office. Several ranges of products, such as the Armoire desk and other desk models, are designed specifically for the "SOHO" market. Many consultants and the members of such professions as lawyers, real estate agents and surveyors in small and medium sized towns operate from such home offices.

That's what SoHo means~ ^^














A home office.

Hello ^^

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