In fact, the failure rate for new startup businesses is high. A major drawback to starting a small business is the tremendous amount of time it takes to make the business successful. Most report 60-70 hours per week as normal. Because of the strain of operating a business, families can suffer. Many entrepreneurs find that the lack of time for family, community, and personal activities is the highest price they pay for business ownership.
Most startup businesses have their own money at risk.
It is normal for small businesses not to earn a profit in the first two years. The number one reason that small businesses fail is because they did not have enough working capital to survive the first two years of operation. Rewards Naturally, there must also be some rewards or no one would ever start a small business. The financial returns from your own efforts are not limited to normal work for normal pay. You have the chance to make a lot more money than you can make working for someone Fun .