What are the advantages of an entrepreneurship firm?
· Every successful entrepreneur brings about benefits not only for himself/herself; however, for the region or country as a whole and the benefits that can be derived from entrepreneurial activities are as mentioned below:
01. Enormous personal financial gain
02. Self employment, offering more job satisfaction and flexibility
03. Employment for others
04. Development of more industries, especially in rural areas or regions
05. Encouragement of the processing of local materials into finished goods for domestic consumption as well as the export
06. Income generation and increased economic growth
07. Promotion of the use of modern technology to enhance higher productivity
08. Freedom from the dependency on the jobs offered by others
09. Ability to have great accomplishments
· It has to be borne in mind that an entrepreneurship is motivated by the drive to meet personal, emotional, or financial needs of the individual
