Today opening up a business can be scary, because of the extensive risk, high cost, and extreme stress. The chief reason I would not want to start my own business is the great risk of failure. Today statistics show that four out of every six businesses fail within the first year. Those are not very good odds for one just starting his or her own business. The second reason not to start my own business is the high cost of starting a business.
Businesses take a great deal of money to get started, and for that matter to keep running.
The first thing one has to do is find a place to put the business. Lots are very expensive. Then a building has to be built, and merchandise to fill the building has to be purchased. Finally owning a business can be stressful. Being ones own boss can be stressful to her or him by the way of having to make all of the important decisions, or can cause stress at home.