Reasons people go into business.

[Mikes smithen]

Typically there are so many reasons why an individual may choose to establish a business today but five of the most important reasons why individuals might choose to establish business today include; the ability and possibility for them to pursue their entrepreneur dreams goals and ideas, the ability for them to satisfy the needs and wants of members of the public at a profit, the possibility for them to make a change in a particular economic sector, the ability to end substantial income and profit, and the possibility or ability for them to notice changes in a particular economic sector and undertake possible strategies for innovation.

Business establishment and idea implementation is not only undertaken to make profit but also they are other reasons why individuals established business just as the ones listed I will.

 

[Axis]

Many persons on hearing the question of this thread will say that people go into business to make profit, however it is not always the case in many situations and although profit making is one of the most important reason people go into business but it is not all about profit making. Other individuals go into business because they want to make a change in a particular business sector that they have ventured into or they have interest for, other people go into business so as to pursue a unique business idea or a particular Enterprise perspective. Lastly most individuals go into business possibly because they want to leverage the use of the internet and technology.

 

[Ramolak19]

People go into business for various reasons, including pursuing passion, financial independence, flexibility, autonomy, and the opportunity to create something of their own.

Some are motivated by a desire to solve a problem or meet a need in the market, while others seek personal and professional growth. While people may enter entrepreneurship to leave a legacy, have a positive impact on their community, or simply to achieve a sense of fulfillment and achievement.

 

[Augusta]

A lot of people would want to do business. We all know the benefits we can derive from running a business. Aside making money you get to pursue your entrepreneur dreams goals and ideas. You put your business plan or ideas to action when you start your business.

You would use your business to satisfy the needs and wants of members of the public while you make money Business help one to become a boss. You become a self employed just lie that

 

[btaliat]

People go into business for different reasons and it is not a gainsaying that the list is endless even apart from the ones listed by the poster and the contributors. Some of the reasons why people may go into business is they have passion for it. There are some people that just prefer buying and selling and making money through that, such people always see business as the only option for themselves.

Some may choose business to continue with their family dynasty. It may be because that is their family business that needs to be continued by the family for its sustainance