Entrepreneur

The benefits that can be derived from entrepreneurial activities are as follows:


1. Enormous personal financial gain

2. Self-employment, own bossing, offering more job satisfaction and flexibility of the work force

3. Employment for others, often in better jobs

4. Development of more industries, especially in rural areas or regions disadvantaged by economic changes, for example due to globalization effects

5. Encouragement of the processing of local materials into finished goods for domestic consumption as well as for export

6. Income generation and increased economic growth

7. Healthy competition thus encourages higher quality products

8. More goods and services available

9. Development of new markets

10. Promotion of the use of modern technology in small-scale manufacturing to enhance higher productivity

11. Encouragement of more researchers/studies and development of modern machines and equipment for domestic consumption

12. Development of entrepreneurial qualities and attitudes among potential entrepreneurs to bring about significant changes in the rural areas

13. Freedom from the dependency on the jobs offered by others

14. Ability to have great accomplishments

15. Reduction of the informal economy

16. Emigration of talent may be stopped by a better domestic entrepreneurship climate

17. Serious tax advantages