Advantages of Entrepreneurship

  1. Financial gains
  2. Self-employment which leads to job satisfaction and flexibility
  3. Provide job opportunities to the unemployed or those seeking better jobs.
  4. A means of opening up new industries especially in the rural areas facilitating globalization
  5. A source of generating income and increased economic growth.
  6. facilitates competition encouraging high quality products
  7. facilitates production of more goods and services
  8. Leads to the development of newer markets
  9. Promotes use of modern technology in especially small- scale manufacturing to enhance higher productivity
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