Question

Tobin starts a catering company of his own and earns a substantial profit in the first year itself. His total earnings are more than what he used to earn as a salaried person. Which of the following advantages of entrepreneurship is highlighted in the given scenario?

Answer 1

The correct answer is: greater financial success.

Step-by-step explanation:

Entrepreneurship brings many advantages to individuals who decide to go on with their ventures. Personal freedom, working at your own schedule, being your own boss, total control over decisions, and greater income are some of them. The disadvantage relies on the fact that all the responsibility relies on one person and working hours are likely to increase.