Image by Getty Images via @daylife Unemployment is bad for the individual because it affects regular flow of income. The individual is forced to rely on savings or on the income of the other partner until he or she gets another job. However, another bigger disadvantage of unemployment is the reduction in skills that the individual faces after he or she gets a job. It does not matter whether the individual works in the marketing or HR department or in a technical area of activity like the production department. Lack of practice and regular employment is always going to affect … [Read more...]
Going Into Business for Yourself? Scary….
Well, not that scary. This isn't a Wes Craven production with a guy in a fedora, red/black striped sweater, and bladed glove. This isn't one of your favorite ghost stories or exorcism features either. More often than not, the concept of starting your own business can resemble an action/adventure -- maybe like "Pirates of the Caribbean." There are some thrilling stuff in that, but it probably won't 'scare' you. Unless you let it. Know this: when you go into business for yourself, whatever the business is, essentially you're your own boss. It's important to understand that, because … [Read more...]