do you think Teasha made the right economic choice in opening her own business?

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22-09-2022
Business

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do you think Teasha made the right economic choice in opening her own business?

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Parrain Parrain · Answer 1 · 2022-09-23T11:54:57-04:00

Based on the statistics of opening one's own business, Teasha made the right economic choice to open her own business depending on how successful she turns out.

Should we open our own businesses?

Opening your own business comes with a lot of risks and stress that can lead to the business failing. This is why only 35% of businesses remain open after their first 10 years according to statistics.

This does not mean that we should not open our own businesses, it just means that there is a chance the business will fail. That being said, there are many upsides to running your own business such as your earnings potential being quite huge as you take profits and not a salary.

The point is, Teasha may or may not have made the right economic decision to open her own business. But, it was a good decision altogether because even if the business fails, she would have gained experience. And there is a 35% chance that she will still be open in 10 years and if she is, then it was a good choice.

Find out more on opening a business at https://brainly.com/question/12217998.

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