ENTREPRENEUR VS. EMPLOYEE

Income is earned whether the business is successful or unsuccessful.

• ENTREPRENEUR

• EMPLOYEE

He or she is usually comfortable with routines and minimal risk.

• ENTREPRENEUR

• EMPLOYEE

He or she is fully responsible for serving customers, making the business profitable/sustainable, and providing employee satisfaction.

• ENTREPRENEUR

• EMPLOYEE

He ore she prepares policies, procedures, and memoranda for the business.

• ENTREPRENEUR

• EMPLOYEE

He or she is fully dependent on the employer's performance. If the company does not perform well, he or she is at risk of becoming jobless.

• ENTREPRENEUR

• EMPLOYEE

He or she is comfortable in doing multiple and challenging tasks and takes accountability with the risks and profits of the business.

• ENTREPRENEUR

• EMPLOYEE

Income is generated on working hours only.

• ENTREPRENEUR

• EMPLOYEE

He or she has a flexible schedule and can take an unlimited vacation days.

• ENTREPRENEUR

• EMPLOYEE

He or she is taxed on the gross income. Expenses incurred related to the job such as food and transportation expenses cannot be used to claim for deductions from taxable income.

• ENTRPRENEUR

• EMPLOYEE

He or she has the power to disengage nonperforming, applying the due process policy of disengaging personnel.

• ENTREPRENEUR

• EMPLOYEE