![]() ![]() ![]() ![]() How To File A FAFSA As An Independent Student.Best companies for student loan refinancing in 2022.How to refinance your car loan in 7 steps.Best Personal Loans For Excellent Credit.Understanding Overdraft Protection and Fees.Best high-yield savings accounts of November 2022.Balance Transfer Calculator: How much can you save?.Credit Score Calculator: Get Your Estimated Credit Score Range.Also Follow Me and Send Me an Invite to connect telling me something about yourself. To get additional Smart Moves Insights on leadership and business success See All My Posts and Subscribe to my monthly newsletter through BizCatalyst 360. What has been your experiences working in small, entrepreneurial companies? What about larger corporate ones? Have I missed some of the pros and cons of each? Consider your options and your situation carefully before deciding small or big! Factors like a more personal work environment, more flexibility, and a real possibility to impact change might be more important to you than greater stability, potentially higher pay or more health benefits. It's important to decide what's most important to you before making a move in either direction. Working for a small business is an entirely different experience from working for a large corporation, and each has advantages and disadvantages. If it's difficult for you to quickly and confidently readjust your thinking, expectations or work habits, a larger company might be better for you. Your job responsibilities, your target market, your colleagues, your office and even the company itself might change, perhaps more than once. To be happy in this environment, it helps if you're comfortable with change. Small businesses don't always remain small many have their sights set on growth. If you'd rather focus your skills on one 'niche' area with a view to becoming an expert in your field, a smaller company might not be a good fit for you. You might therefore have a lower salary, fewer vacation and sick days, a less comprehensive health insurance plan and limited training and development opportunities.īeing able to do a lot of different jobs in a small business can be both a positive and a negative. Small companies often can't afford the same pay and benefits as larger corporations. Disadvantages of Working for a Small BusinessĪlthough they can be a lot of fun, there are several reasons why small companies might not suit everyone: In a smaller company, you would simply ask the owner, who would probably give you an answer immediately. There is less bureaucracy and quicker decision making.įor example, if you currently work in a large organization, how long does it take to get permission to attend an industry conference? First, you have to ask your boss, who then asks his or her boss, who looks at the budget, and then consults with HR. If you become bored doing similar tasks every day, this could be very appealingģ. The great thing about doing so many different jobs is that you'll develop a lot of different skills. You might officially be in charge of marketing, but you could also have the chance to help with customer service, research, or even training. You will probably get to play many different roles. If you have a great idea, you can probably get it heard and possibly get the green light to implement it, without having to go through a long, drawn-out approval process. The reason is that the 'management hierarchy' is generally so small (or nonexistent), which means more people have access to the CEO. Bringing your pet to work, dressing casually, and choosing 'fun' furniture for the office are just some of the bonuses, right? Perhaps! But there are other factors to consider. You may have heard stories of how fun it can be to work for an innovative startup or growing company. ![]()
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