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

In the modern era, with the ever-advancing technology, many people feel comfortable to work on their own

business

. The growing opportunities in every field, nowadays

, tend people

Suggestion

, people tend

to follow their passion as opposed to the organization where they must follow company’s policies and rules. The following paragraphs discuss the reasons for

this

change and disadvantages.

To begin

with, the government of developing and developed countries is providing plenty of new opportunities in terms of

business

, funds, and loans to citizens recently to establish

business

Suggestion

a business

.

For instance

, the government of

india

a republic in the Asian subcontinent in southern Asia; second most populous country in the world; achieved independence from the United Kingdom in 1947

India

is strongly encouraging citizens who are interested to do

business

in manufacturing industries by not only lowering the loan interest rates but

also

providing magnificent funds. These efforts would surely influence the people to earn more money speedily as compared to the companies where it may take several years to get the promotion.

In addition

, being self-employed would give enormous flexibility to people.

For example

, people can work either daytime or night whenever they wish without restriction.

Also

, there is no stress of manager or boss. To put it simply, the people have

greater degree

Suggestion

a greater degree

of freedom about the time and the type of job.

In contrast

, for people, it is not only mandatory to obey strict rules and regulations of the

organizations but

Accept comma addition

organizations, but

also

must achieve certain goals in

minimum amount

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a minimum amount

the minimum amount

of time. In short, these would make the company environment stressful

to

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for

employees.

Although

the self-employment exhibits many opportunities, it has several drawbacks to keep in mind.

First

, being self-employed, the people may not receive a monthly or bi-weekly salary, and

therefore

, it would be strenuous to manage living and other expenses if there is zero profit from own firm.

Second

, it definitely involves

higher amount

Suggestion

the higher amount

a higher amount

of work that may require much

efforts

Suggestion

effort

.

For example

, people may need to keep attention in multiple areas

such

as finance, production, marketing, and sales. To put it in a nutshell,

although

the self-employment provides

plethora

Suggestion

a plethora

of opportunities nowadays, the people should consider

join

Suggestion

joining

is joining

companies as well if they will get more wage than own

business

.