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Entrepreneurship: Concept and Functions — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipEntrepreneurship: Concept and Functions3 Marks
Question
Explain any two disadvantages of being an Entrepreneur?
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Answer

Disadvantages:
  1. Salary: Starting your own business means that you must be willing to give up the security of a regular pay check.
  2. Benefits: There will undoubtedly be fewer benefits, especially when considering that your business will be just starting off.
  3. Work schedule: The work schedule of an entrepreneur is never predictable; an emergency can come up in a matter of a second and late hours may become the norm.

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