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 argued that in today's modern civilization people's use to prefer starting their own

business

, despite been working as a servant of others in an organization, they don't want to be enslaved by their bosses.

Besides

that, there are a lot of drawbacks of having or starting your own

business

.

First

of all, starting yours self entity requires an adequate amount of investment to bring up your

business

up to some extent level in the market. Being a competitor, is not an easy task and one should have to work hard and put all of the efforts into it, in order to thrive in the modern environment of entities.

For Example

, if someone's is the owner of the

business

and don't put any of the new digital strategies to increase the data analytics and productivity,

then

this

business

may have to suffer from consequences somewhere may be in the future. That's why it is important to select the type of

business

strategies which are more modernized and enduring.

Secondly

, failing in finding the perfect employees for your

business

may escalate the problems and rather

then

conjunction used in comparatives

than

increase in the margin of the profits, all goes into the loss. In the other words, they went to go bankrupt, if they are holding a huge debt. To conclude, I reckoned that to strive your own

business

requires modern digitalised

business

strategy. Apart, from that people don't want to work for someone because employers are now being under the criticism of exploiting employees