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Self Employed Vs Business Owner

  


When an employee starts his or her work and become his boss, he or she thinks that he becomes the businessman. It is biggest mistake. There are lots of difference between self-employed and businessman.


1. Definition

Self-Employed is the person who does all work himself to give himself the salary instead giving control of his time on other. In works like, production of his products, buying of his products or contacting customers or providing all services himself. 

Business owner is a person who manage all his business activities with the help of other employees, other self - employed people and with the help of other business partners. 


2. Believe

Self-employed person believes, no one can better than him. So, he is master of his work and it is his responsibility to perform all his works.

Business owner believes that all the work which is done by other, he should not do because his time is important and he can easily buy the time of other experts with money. He believes, other can better do his business, but other can not provide better system than him. 


3. Have Employees

Self-employed person keeps no employee or very less employee or part time employee. Because he thinks, that other learns his secret skills and become the competitor for him.


Business owner has lots of employees and lots department. He has some employees in finance department. He has some employees in production department. He has some employees in marketing department. In simple words, he has lots of qualified and skilled and unskilled employees. 


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Accounting Education: Self Employed Vs Business Owner
Self Employed Vs Business Owner
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Accounting Education
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