Pros
Great team with lots of enthusiasm, albeit mostly because the aim is to hire young people who can be molded, abused and made to grovel since they don't have other companies and experiences for comparison. Pay and benefits generous. Large training and development budget. State of the art facility with onsite gym and subsidized cafeteria. Entrepreneurial spirit among designers who have a unique opportunity to work very closely and intensely on the product development process.
Cons
The business runs on constant injections of money from the owner and there are no budgets... It's nothing like a real business. Terrible treatment of employees by owner; he expects to be venerated. Constantly changing plans and not remembering what he told employees, causing constant frustration and rework. Anyone who does not agree with management is eliminated swiftly. Safety measures are not in place with respect to working inside machinery and operating lift equipment.