Costs Involved in Being Your Own Boss

Costs Involved in Being Your Own Boss By: Jennifer Ruddell AIU December 9, 2004 When it comes to being your own boss or self employed, as some choose to call it, there are many unexpected and expected expenses. I am a carpenter's assistant, so I am not required to have my own tools because I work for my grandfather that owns his own business. But he is a carpenter that has jobs of all types and has …

…said job. And when you do not get paid on time and you do not have the money to cover all that is charged then you may also loose the 10% bonus for paying the account off early. So as you can see from the above example, there are benefits and draw backs to anything you do in your line of work or profession. Reference: My real life experience as an assistant carpenter; Ruddell, Jennifer (December2004)