The business that I would like to do if I had fifty thousand dollars is mobile dog care. This industry is not only profitable but also useful and pleasant. This is almost the same as kindergarten because nowadays, people take great care not only of their children but of their pets as well. The services will include an individual approach to each dog and personal customer service. The mobile dog care business will enable customers to purchase the necessary products for their pets using the services of the business. The most common products may be collars, food, and various dog toys. These goods and services will be provided to customers as it would be convenient for customers.
For mobile dog care, it would be wiser to choose such a form of business as individual entrepreneurship. Such a form would contribute to the rapid development of the business. In addition, individual entrepreneurship does not require accounting, which would help to concentrate on business and not on other papers and documents (Saydaliyeva 110). In addition, this form of entrepreneurship allows you to freely use the finances and budget of the business. Thus, an entrepreneur will have more creativity and will always be free to work on how to develop a business and not on how to finish documents and reports.
Moreover, individual entrepreneurship requires fewer taxes since the entrepreneur himself is responsible for his finances. In addition, the tax will be fixed and will not depend on the amount of income. Since this form of business has the opportunity to transfer business income to personal income, it will be possible to lower taxes even further. Therefore, choosing individual entrepreneurship will be the best investment in business development.
In conclusion, the business of mobile dog care will bring great profit and pleasure, as it will be a favorite thing and an actual demand for people. In addition, such a form of business as individual entrepreneurship contributes to being financially flexible and paying a fixed tax. This advantage will help you focus on your business and engage in its development.
Works Cited
Dilshoda, Saydaliyeva. “Individual Enterpreneurship in the Tourism Industry.” Uzbek Scholar Journal 5, 2022.