nowadays many people choose to be self-employed rather than to work for a company. why might be this case? what could be the disadvantage of being self-employed? give your reasons for answer

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More and more persons prefer to become entrepreneurs and work for themselves
instead
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of seeking jobs in other companies. In my opinion, the two major factors which motivate individuals to set up their own
business
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are independence of working and the scope of higher
income
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.
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However self-employed
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However, self-employed
persons are
also
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exposed to risks and might not have an unstable financial situation. A self-employed
person
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enjoys the freedom of taking decisions and working according to his own terms and conditions. Many employees often feel that they are being exploited by their employers and are not satisfied with their working conditions. Because of
this
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frustration, individuals prefer to work for themselves.
Moreover
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, an entrepreneur is not limited
to his
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to, his
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salary but
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salary, but
can
also
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derive
income
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in terms of profit from his
business
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. A
person
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working for himself would try to maximise profit so that his
business
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would prosper.
On the other hand
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an employee should contend himself to a fixed and predetermined
salary
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. Because of a rise in the number of
graduate
Suggestion
graduates
,
jobseekers
Suggestion
job seekers
the
salary
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level has decreased for many jobs.
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Hence to
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Hence, to
enjoy the liberty of working and to aspire for better prospective of
income
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many persons are becoming self-employed.
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However setting up a
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However, setting up a
small
business
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for oneself involves many challenges and difficulties. A self-employed
person
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could face several risks associated
to
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with
uncertainties. The economical situation could influence the smooth running of small enterprises. Entrepreneurs would often be having to deal with other uncertainties
such
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bad weather or unsold goods or services
whic
interrogative pronoun, used both substantively and adjectivally, and in direct and indirect questions, to ask for, or refer to, an individual person or thing among several of a class
which
could impact negatively on their businesses.
Futhermore
in addition
Furthermore
, whilst an employee gets a fixed
salary
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at the end of the month, a self-employed
person
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would depend on customers or on the amount of goods sold to determine his monthly
income
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.
For instance
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, the monthly revenue would fluctuate and
hence
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cause a
distatibility
Suggestion
in the
finance
Suggestion
financial
situation of the
person
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. To conclude, many people are now opting for self-enterprises
instead
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of working for others to enjoy their independence and to get a better
income
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.
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However they
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However, they
should be aware that being self-employed consists of handling risks and has fluctuating revenues.

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Linking words for giving examples:

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  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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Topic Vocabulary:
  • self-employed
  • work-life balance
  • constraints
  • traditional job
  • steady income
  • responsibility
  • expertise
  • establishing
  • isolation
  • support network
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