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Disadvantages of Judd Being in Business for Himself - Essay Example

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The author of the "Disadvantages of Judd Being in Business for Himself" paper offers Juddi which is that he should seriously consider getting a partner for his business. This is because, with the partner’s help, he will be able to inject the much-needed capital to boost the business. …
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Disadvantages of Judd Being in Business for Himself
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 It seems he has a large service business but does not sell many vacuum cleaners. The sales are also not steady throughout the year, which means there are some months that he goes without business.

The other disadvantage is that he is overworking himself. He works an average of ten hours per day Monday through Friday and a half day on Saturday. This gives him very little time for other activities, which means if he falls sick, then the business will just go down with him.2.The major reason Judd wants to call it a day in his business is that he thinks he is knocking himself out for very little money, whereas he is putting in a lot more hours, has a great deal of responsibility and even faces the risk of financial loss and perhaps even bankruptcy.

He compares himself with his cousin who works as a packer at a local manufacturing company; he realizes that he is making far less money than his cousin. With a partner, it means Judd will also benefit from some free hours and this will enable him to rest and be able to think of ways for improving this business.

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