Six Reasons To Start A Business

Business is as old as man. Since time immemorial many have been indulging in business. It is not something that started yesterday. Its origin and history could be traced to as far back as we remmember. 

It is also famous. In every place you would find businesses owned by business men. So it is not something you do not know. In whatever country you reside you would discover to be true that there is a government field or branch dedicated to business pursuits.

There is infact an educational field dedicated to the study of business. You would find many people learning business at school or through apprentice from their masters.

It is not without emiebrace. Many have embraced this field. Most of thnuem are well known by us. The likes; of Bill Gates, Jeff Bezoz, Mark Zuckerberg and others. It even seems as if the list of those who are running business outnumber those who do not.

It is not something for a certain class of people. All calibre of men do business. The aristocrats indulge in it. Even king Solomon was a renounced merchant. The commoners also do business. Peoplem from every background at different status have embraced it. There is no discrimination whatsoever as to class in this field.

This very pursuit which is embraced by many, popular as a celebrity, is encouraged by many. 

You would often find people who would tell you to start a business. Those doing business are not ready to quit, a prove that they consider it to be something worth doing. 

We have heard this sermon many times. Many have encouraged us to start business. Business teachers are examples of encouragers of the pursuance of this pursuit. Business owners encourage others to do so. You would hear the sermon every day, every time, even from the media. 

Now the question is, should you? Are there good reasons why you should heed that advise? You may have wondered if there are good reasons for starting business. 

The truth is that there are. Those who indulge in it cannot be doing it without reason. There has to be a reason why they indulge in it. There has to be a reason why you would indulge in business. You cannot simply start business without a reason. 

For the sake of knowledge you need to know this reason. To know if business is worth it, you need to acquire this knowledge. 

That is why we want to discuss the reasons why you can start business. Without much Ado, let us now proceed to establish the reasons. 

                   1. TO MAKE MONEY 

There is one way to know the reasons why you should start a business. A clue is to look at the reason why others start it. There is always a reason why people indulge in something. And that reason can be a motivation to you, for indulging in it. Treat business as a tool which people employ. Say an Umbrella for instance. Liken it to an Umbrella. People use Umbrella for shelter from Sun and protection from the Rain. Therefore, logically, if you want to use the Umbrella it could be for those functions. Observe those who run businesses to discover the reason why they indulge in it. When you discover why, then consider it a reason for entering it.

Businesses as we know are distinct in everything; nature, size, structures, location and niche. And the starters vary in their personality.  But we discovered one generality about them. Which is pertaining to the reason that they run businesses irrespective of their business and profile. For most, the reason for running business is to make money. People who run businesses have often admitted that they run business to make money. Whenever someone wants to make money, you would discover that they pick up business as a a means to do so. Business has been profered as the route to wealth, implying that people have the philosophy that it is a way to make money. 

Business is defined as any activity which one indulges in to make profit, implying that it is a tool that is considered capable of being used to fetch money. Those who are unable to secure employment for income with the government, resort to business as a route to achieve it. Why would they, if they do not believe that business could be used to make money? A lot of sermons are there on the capability of business to give money to the owner.

Perhaps the greatest evidence that people indulge in business to make money is not only statements from those who run it, but evidence that they draw wealth from business. 

An example on this regard is Mark Zuckerberg. We all know him very well. He is the American inventor of Facebook. Before now, Mark wasn't any wealthy. He was just a student, Business is as old as man. Since time immemorial many have been indulging in business. It is not something that started yesterday. Its origin and history could be traced to as far back as we remmember. 

It is also famous. In every place you would find businesses owned by business men. So it is not something you do not know. In whatever country you reside you would discover to be true that there is a government field or branch dedicated to business pursuits.

There is infact an educational field dedicated to the study of business. You would find many people learning business at school or through apprentice from their masters.

It is not without embrace. Many have embraced this field. Most of them are well known by us. The likes; of Bill Gates, Jeff Bezoz, Mark Zuckerberg and others. It even seems as if the list of those who are running business outnumber those who do not.

It is not something for a certain class of people. All calibre of men do business. The aristocrats indulge in it. Even king Solomon was a renounced merchant. The commoners also do business. Problem from every background at different status have embraced it. There is no discrimination whatsoever as to class in this field.

This very pursuit which is embraced by many, popular as a celebrity, is encouraged by many. 

You would often find people who would tell you to start a business. Those doing business are not ready to quit, a prove that they consider it to be something worth doing. 

We have heard this sermon many times. Many have encouraged us to start business. Business teachers are examples of encouragers of the pursuance of this pursuit. Business owners encourage others to do so. You would hear the sermon every day, every time, even front he media. 

Now the question is, should you? Are there good reasons why you should heed that advise? You may have wondered if there are good reasons for starting business. 

The truth is that there are. Those who indulge in it cannot be doing it without reason. There has to be a reason why they indulge in it. There has to be a reason why you would indulge in business. You cannot simply start business without a reason. 

For the sake of knowledge you need to know this reason. To know if business is worth it, you need to acquire this knowledge. 

That is why we want to discuss the reasons why you can start business. Without much Ado, let us now proceed to establish the reasons. 

                   1. TO MAKE MONEY 

There is one way to know the reasons why you should start a business. A clue is to look at the reason why others start it. There is always a reason why people indulge in something. And that reason can be a motivation to you, for indulging in it. Treat business as a tool which people employ. Say an Umbrella for instance. Liken it to an Umbrella. People use Umbrella for shelter from Sun and protection from the Rain. Therefore, logically, if you want to use the Umbrella it could be for those functions. Observe those who run businesses to discover the reason why they indulge in it. When you discover why, then consider it a reason for entering it.

Businesses as we know are distinct in everything; nature, size, structures, location and niche. And the starters vary in their personality.  But we discovered one generality about them. Which is pertaining to the reason that they run businesses irrespective of their business and profile. For most, the reason for running business is to make money. People who run businesses have often admitted that they run business to make money. Whenever someone wants to make money, you would discover that they pick up business as a a means to do so. Business has been profered as the route to wealth, implying that people have the philosophy that it is a way to make money. 

Business is defined as any activity which one indulges in to make profit, implying that it is a tool that is considered capable of being used to fetch money. Those who are unable to secure employment for income with the government, resort to business as a route to achieve it. Why would they, if they do not believe that business could be used to make money? A lot of sermons are there on the capability of business to give money to the owner.

Perhaps the greatest evidence that people indulge in business to make money is not only statements from those who run it, but evidence that they draw wealth from business. 

An example on this regard is Mark Zuckerberg. We all know him very well. He is the American inventor of Facebook. Before now, Mark wasn't any wealthy. He was just a Computer student at Harvard university. There, he conceived the idea of building the Facebook. He succeeded in doing so. Once he finished, he launched it to the world. And then, just as people patronize businesses, they started to patronize him. The result whenever a business is patronized is always profit. And due to the turnover Mark succeeded in drawing wealth from his Facebook. His example is a powerful attestation to the claim that business can be a source of wealth. 

Knowing this, and having the evidence of the capability of business to be a Cash-Cow, you can start a business to make money. If you can create a business, you can monetize it, and make money through it. 

Let us suppose you choose to make production your niche. If you produce an item. You would sell it to your customers, and gain revenue. Then when you deduct your capital from the revenue, what would be leftover is your profit. The more people buy from you, the more money you would make.

It is easy and possible to make money from business as human experience have shown. 

You would find the prospect which business offers , which is profit very appealing. You are a person that has got needs. You need many things which you can fulfil with money. Let me tell you, that you need a house. You need food. You need to purchase cloths once in a while. And the economic system or practice is in such a way that those needs can be met with only money. This is why you would find business appealing; a source of fulfilling your dream of making wealth. 

We have often heard of poor ones who became rich. We become curios about them. We began to investigate their income. And then, when we met them, we discover that they attribute the source of their income to be business. If you would like to be like those ones, you are encouraged to start a business. 

          2. TO TACKLE JOBLESSNESS 

You may be unemployed. Employment is not something that everyone possesses at every point in history. At every point in time you will find that there are some that lack employment. They have no job, but lack. 

 You likely know some people within it that are employed. Some of them may be to you, friends and relatives, or notable persons from your country. 

Others may not be known to you. But you find them going to offices with their briefcases every morning on the streets. You find some of them at offices you enter, working with a company. 

But within your circle, you know someone that is unemployed; someone that has complained bitterly to you about lack of job. Some of your relatives likely have no jobs. To prove this, consider the country that you reside. Not all the residents are employed. There are always some that are unemployed. 

When you are employed, your employer pays you wages. Having a job therefore is a source of income, infact a source of wealth to you. But when you are unemployed the story is contrary. Wages is never due you. There would be no source of income to you. Employment is to the employed a source of income as a business is a source of revenue to the owner. Thus lacking employment, you lack the took that could fetch you income. 

Precisely if you are not wealthy, you have the need for employment; you would want to be employed, so that you could earn money to Carter to your needs. The man that lacks employment has the need to secure it. But despite the efforts some channel into securement of employment. Despite being qualified for employment. Despite the level of experience and zeal they possess to work, they are unable to secure employment with any government or privately owned business. They have applied to them many times for job, but did not secure it. It may be due to any reason at all. 

If you are one of such, having the need for income you would not simply accept unemployment. Since you are unable to be offered employment, you could choose to provide employment for yourself. You could choose to do this through business. Business is considered a tool for acquiring wealth. If you own a business, you would make money from it, by earning revenues for your products and services. Business could therefore substitute any job to you, since it could give you the same thing that any job could offer. The main objective of working with any organization is not to offer them help, but to make money from it; to make that job a source of wealth to you. Workers or those employed are usually paid certain sums of money at certain periods for the service they render to the organization. Business as we know could replicate this. Business could be a source of wealth;  by giving the owner revenue from which he draws his profit. 

When you start a business, if you are lacking employment, you transit to the state of being self-employed. That is the correct and traditional term for those who employ theirselves through business ownership. You might have likely heard people who own businesses say that they are self employed. Or you may have heard people refer to those who own business as being self-employed. They imply that those people provide employment for themselves, just as organizations for those who work with them as staff, teaching us that business is a way through which you could provide job for yourself. 

                      

                           EXAMPLE 

Mark Zuckerberg is the owner of Facebook. You would discover to be true, that the Facebook gives him revenue. Every day, people make use of the social network, and pay as they use it. Now you cannot say that He has no job. He is self-employed. The business that he owns gives him the same thing that a worker could derive from the company he works with- income. Infact he derives more than that. Self-employment gives him the advantage of directing the business which could impact it's success. Something that a worker could never possess. 

Mark Zuckerberg would have little or no appetite for working under any company as a staff. The very reason which someone would want to work with a company, the very benefits that he could derive from being a personnel or staff, he derives from his business. So why would he want to work with any other company? He has never hinted, and no indication is there that he wants to work with any business as a personel. 

Infact generally those who are self employed not only enjoy sovereignty over their business but earn more than those who work as staffs with a company, a further reason to seek self employment through business.

Now compare him with someone who lacks employment. Someone that has not secured employment with any government or private organization. Such a person is totally jobless, void of a source of income. He or she is in need of a job. And one way through which he could fulfil his objective of being employed is through self-employment, precisely through business establishment.

         3. TO PROVIDE A PRODUCT 

Some products may be lacking in your country or state. Perhaps due to lack of producers in the place. 

When one lacks something he needs it. Due to the fact that it is lacking, some in your environment must surely be in need of it. 

Imagine becoming a producer of that item. If you do, you would avail it to them. And when it becomes available, they would buy that product from you because they demand it. 

They would be willing to pay any amount that you ask for, considering their high demand for it. Infact, they would not stop patronizing you, ensuring that you make profit. You can choose to become a business owner, and specialize in production because you want to produce an item, for wealth. 

This is what producers the world over have done. They produce one item or the other, and monetize them. The result is wealth derivation from the revenue that they make from it. Not only would you become a provider of an unavailable product, but a beneficiary of your provision, which has particularly as its benefit wealth. 

Certain people started business and focus on production because they want to produce an item, and for others they want to go farther to monetize it. There are numerous examples of such people. Consider Mark Zuckerberg. Someone that we all know. His brand which is the Facebook is a product that at a point in history was not in existence. Due to the fact that he wanted to invent this product for certain reasons, which included providing the services he provides through the brand and monetization, he decided to go into the social network business. 

You would surely discover many that dedicated their business to the creation of one item or the other, that would solve or meet a human need.

It could be that certain products are available, but are not up to a certain standard. No matter how much you try to, you may not be able to make the producers produce it to the quality aspired by you and others. Perhaps there product being of inferior quality is to them a strategy of making more money with less capital. 

But you are not happy with this. You want to have the product, in high quality. You want people to have access to the quality one. So, you could choose to become a producer of that item. 

Certain people started business in order to produce products that are of good quality. When they do, they out-compete those who produce the inferior and gain more patronage from people as they would have preference for them because of the quality of their item. 

By imitating them, you would come to have a brand that would gain reputation for being outstanding, which would gain you the patronage of others. Surely this prospect can be to you a motivation for starting business. 

        4. TO PROVIDE EMPLOYMENT 

A business usually involves many activities. Think about a bakery. It may involve; purchasing of materials, mixing of baking ingredients, baking, packaging or branding, storing of produced bread etc. Each of those activities needs to be performed, because they cannot perform theirselves. A business is a Chariot that cannot ride itself. It surely needs others to ride it. Since it cannot perform itself and requires someone to, their is then the need for people to perform those jobs; skilled people- those who have the experience to perform a certain business activity. While the business on the one hand, needs workers, people needs employment. They are unemployed and wants to work with a business, to render services to them; to perform any of the activities that they are involved with, for wages 

Many succeed in securing employment with businesses. When they do, the dream of the company to secure workers become fulfilled. But, a truism about businesses, is that they could sometimes be rare in a certain place. More business would mean more employment opportunities for people within that environment. Business have been charged guilty of being an employer to people in lack. 

Knowing that business could be a source of employment to people, you could choose to start a business with the intention of providing employment to those who lack. When you employ them, they would work, and you would pay them a specified sum of wage. 

Have you ever wondered why there is less unemployment in countries with many business? Whenever someone wants to go and look for greener pastures outside his country, he usually has preference for countries that are very industrialized; that have many business. Because he knows that if he does not secure employment with this business, he could with the other. 

Some government have done this. Governments are fond of starting business in order to provide employment for their citizens. Certain individuals have also done this. They have provided the opportunity for people to work with them as staffs and earn money. 

Consider Mark Zuckerberg. He may not have primarily started a business with the intention of making money, but he fulfils that. His business is not ran by him alone. The Facebook is a large organization. And there are just many staffs that work with his organization. He is their employer, and his business is a source of employment to them. 

Without a doubt business is that key you should get, if you aspire to play the role of a provider of employment.  

           5. TO PROVIDE REVENUE 

Staffs benefit from business. They pay them wages. They could pay them as they agreed on; a certain amount according to the volume of their work, level and expertise. 

Business is thus a source of income to those employed. They draw their income from them. For some it is daily. For some it is weekly. And for others it may be monthly. The amount varies. Having business as a source of income, those employed are able to meet their needs with their income. 

They however are not the only ones that benefit from business. It may interest you to know that governments are also beneficiaries of business. 

You may wonder how! 

Businesses pay governments taxes. The taxes could be paid monthly or yearly, and varies from place to place. Any business that is registered and operates within a country usually pays amtax to the government and never stops to do so. That means, that the business is also a source of income to the government just as it is to the worker. 

With the money, the government can be able to meet their needs. Governments use to generate revenue from business by collecting tax from them.

If the tax for certain business is $1 in a country, now times that amount by 300. It would result into a whole some of money. The number of such business would even be more than that. As we know taxation is one of the major method through which government derives wealth. When they calculate the total amount of money that they derive from taxations drawn from businesses it always adds up to a huge amount. 

Good a thing about the government is that they always use the revenue to better the welfare of there state and citizens. A bulk of the infrastructures an amenities that government provides, they do so from the money they draw from businesses. 

More business means more revenue to them. Knowing this, you may choose to boost the revenue sources of the government by building a business. When you establish one you would be paying to them taxes, which would add to the wealth the country possesses. 

          6. TO RENDER A SERVICE 

The launderer is to us an example of a business man. He owns a laundry. People who wants their articles washed, go to him with them, and he washes it for them. He does this not without a motive. His objective is to exchange his service for wealth. And although his major aim for running the business is not the rendering of the service it is to maximize profit, he benefits his customers by rendering the service to them. The services he renders benefits them as the beneficiaries, saving them time which they would have channeled into washing it. 

His example illustrates that business men could use business to render services to people. 

Perhaps more an evidence to this claim is the Telecommunication network business. Think about the service that they render to us. Thanks to their services; provision of network we could communicate with anyone over the air. It is true that most people who provide services through business monetize it. But there are also those who have as one of their aims for running business, the provision of services that could better humans. 

 The example of the laundryman and the Telecommunication serves to prove that business could be used as a tool for provision of services. If you aspire to render services to humankind, weather for welfare purpose or monetary, you could employ business as a tool for achieving that objective.