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?

In current times, it has been a tendency for people to stop working

in

Suggestion

with

businesses and organizations and

instead

to work for themselves. There are various reasons why people have made

this

decision and it can result in a number of drawbacks, both of which will be covered in the following paragraphs. The growth of self-employment has happened due to a number of factors. One of the clearest reasons is that people want to be in control of their own career.

This

had resulted from two developments, the

first

of which is that people no longer trust large corporations, resulting from a significant number of large firms going bankrupt in recent decades. The other reason is that, these days, it is far easier to operate and run a company thanks to the development of the internet. Start-up costs are far lower and advertising is far easier through the internet, which is

also

a good source of a plethora of information to aid those trying to create a business. A clear example is the rise of people selling products through social media platforms, which has brought back a direct link between the seller and buyer.

This

attracts customers as some have become disillusioned with

the large

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larger

faceless businesses. While there are clear reasons why people start their own business venture, it is not without some drawbacks. The clearest of which is the lack of stability that come with being self-employed. Large firms are legally required to provide their employees with benefits

such

as health care, annual leave and sick leave. People working for themselves may not have the ability to allocate sufficient funds for

such

benefits within the

first

few years of

operating

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operation

, resulting in a great deal of stress. Even though being in control might sound liberating, it can

also

being

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be

been

a lot of pressure. All important decisions need to be made with the understanding that an error could be lead to significant failure

for

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of

their business,

further

causing more stress for that individual. In conclusion, even though it is clear why people have chosen to be self-employed, there are numerous stressful consequences of

this

decision. In my opinion, the uncertainty of economy and ease of the internet will

continuously

seemingly without interruption

continually

lead to more people choosing self-employment;

however

, people should carefully prepare themselves and be aware of how much of a challenge it will be.