Task 1 extension

In this part of the assignment I am going to explain the benefits of starting your own business. Starting it can be very stressful but entrepreneurs can get great rewards if they are lucky enough to create successful business.
Here are some rewards of going out on your own.:
Make your own money
Make your own decisions
A good experience

Independence and flexibility are ones of the main benefits for the entrepreneurs. People who work for themselves have more freedom and independence. One of the main goals for the people, who set up their own business, is the power. It's your own company, so you can make your employees do it your way. You make your own decisions and you get more experience. Money are also very important reward. You can get rich in a small business, or at least do very well financially. You can keep the money for yourself and do whatever you want with it. You can decide to invest it in your business of use it for personal needs.
If you want to start up your own business you need to think about some important things about your business. To succeed you'll need a business idea that works and have the skills you'll need. You need to think how much money you will spend and how to do your business plan. If you start your own business, the only person you have to answer to is yourself. The good thing about being an entrepreneur is that you choose what kind of firm you start up and where. So, providing that you've done your research properly and there is a gap in the market, you can turn a hobby or interest into a profitable enterprise. Meet your own targets can be a huge motivation to work hard and drive the business forward.

There are many advantages of creating your own business. Many famous people started their own businesses. Some examples are Jamal Edwards, Jack Cohen, Alan Sugar, Richard Branson, Levi Roots, Bill Gates, Karen Millen and many others. I am going to explain how some of them started from nothing and now they are rich and famous for what they do.

Jamal Edwards is 22. He has 130 million YouTube hits and is one of the biggest names in the music industry. He has £6 million. He is richer than pop icons Jessie J and Taio Cruz and still owns a 100% of his online broadcasting company SBTV. SBTV is a very modern broadcaster based only on YouTube. It publishes interviews, live events, and jam sessions of upcoming artists and music superstars.

Lord Alan Sugar is a British business magnate, media personality and political advisor. He has £770 million and was ranked 89th in the Sunday Times Rick List 2011. He is most famous for his ventures, such as, Amstrad, Tottenham Hotspur, Amsair, Amsprop, Viglen LTD, Amscreen, and many TV appearances.

Karen Millen Fashions Limited is a British multi-national women's designer clothing retailer. The company was founded in 1981 from Karen Millen and Kevin Stanford. They bought one thousand metres of white cotton and began manufacturing and selling white shirts. Now the company has stores throughout many European countries.

These are only few examples of the people who started up their business. With the right planning, effort, and a little bit of luck you can set up your own successful business and make money from whatever you like to do.

In this task of the assignment I am going to write about the consequences for society of an increase in online business.

There are some consequences that affect the society in many different ways. Because of the online business has been accross the globe this affects the society and the way they shop.
Nowadays, many people prefer to stay at home on the computer and buy all they need with just one click on the mouse. Businesses provide deliveries at home, so it is very convinient for people because they don't need to go to the shop and carry heavy bags.

There are many disadvantages of the increase in online business. There is a lack of human contact. People don't go out often and they don't communicate to other people.
Another problem is that the society wants companies and organisations to make available well-paid jobs, but when online business is increasing this is impossible because the company doesn't need many people to operate online. The business needs just few people to take care of the website and the products. Businesses which operate in a phisical premises hire more staff and more people are employed within different departments.
Customers want good quality products at a cheap price , and companies on the other hand want to maximise profits, so this is why they always try to satisfy the customers' needs and requirements.