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Is being a sole proprietor stressful?
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[QUOTE="Kingsley, post: 208434, member: 30278"] Becoming a sole proprietor is not a day's job, it entails alot of discipline and hard work. A sole proprietor is someone who hands all the challenges and benefits of a business concern. He makes all the decisions and faces all the consequences of his action in the course of running the business. Some people think all it takes to become a sole proprietor is all about having little capital to start selling and buying. The truth is that not everyone will succeed that ventures into a business as a result of some factors bothering on technical know how of the kind of business they intend to start. It is not enough to just jump into a business just because you have a space or capital to start something. First, one must make some technical analysis on the kind of business you intend to start and do some market survey to ensure that you know more about the target audience your goods and services will be useful for. Then you should also try as much as possible to be deligent and consistent with your business interms of time management, your opening time and closing time should be fixed and should not be inconsistent, and you should try as much as possible to make sure your product and services are always available so that your customers will not be disappointed when they come on to the store. The job of a sole proprietor is indeed a tasking one. But very rewarding. [/QUOTE]
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