Nowadays many people choose to be self-employed, rather than to work for a company or organisation. Why might this be the case? What could be the disadvantages of being self-employed?

It is irrefutable that most workers, now choosing a freelance

work

despite being employed for some company.

This

essay will intend to

analyze

consider in detail and subject to an analysis in order to discover essential features or meaning

analyse

why

this

is happening and provide some possible drawbacks for it. There are ample reasons why many people opt to be self-employed. The predominant reason is that people think that working for random organizations, which cannot proffer any benefits to them. These workers cannot gain more knowledge as they have to

work

with their colleagues.

Secondly

, these people do not want to

work

under the stipulated hours.

For example

, one survey done by Forbes claims that 56% of employees have become a

freelancer

to

work

freely.

Moreover

, they want to spend precious time with the family members, which only happen, if they will

work

as a

freelancer

.

Thus

, self-employed

professions

a person engaged in one of the learned professions

professionals

are selected more.

However

,

this

development has some drawbacks too.

Firstly

, success cannot be guaranteed. Sometimes, as a self-employed, it is hard to find the

work

. Because there are so many people who are working as a

freelancer

.

As a result

, competition is

also

increased. The

second

demerit is that income could not be satisfied with the workers. To

this

, they have to face worse situations.

For instance

, in the present days, 13% of people who

work

as a self-employed are tackling with the problem of bankruptcy.

Consequently

, the disadvantages cannot be ignored. In conclusion, while there are people who opt to be a

freelancer

for their advantages,

such

type of progress has disadvantages too. It could be negligible if people

work

effectively.