job or business?
In a job, you earn a salary, but business owners can earn a salary and enjoy the profits of their business when it is successful. However, your income from working a job is more reliable than earning an income from your business. If you come to work in a job, you get paid for your time.
What is the difference between business and employment?
The main objective of business is to earn a profit. The main objective of a profession is to provide service. The main objective of employment is to earn income in the form of salary by satisfying the employer. There is no prescribed code of conduct for business.
Profit vs Salary
If you own a firm, your prospective profits are usually more significant. As a business owner, you occupy the highest position in your organisation, and your remuneration reflects this. As an employee, you can earn more based on your experience and education, but you will seldom make as much as a successful company owner. A salary is earned in a job, however, company owners can receive a salary while also enjoying the earnings of their firm when it is successful.
However, your income from a job is more consistent than your revenue from a business. When you go to work, you get compensated for your time, and you may not be able to do so if you run a firm.
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