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

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The trend of entrepreneurship is increasing with every passing day. The ever growing employer demands and lesser salaries are a few obvious reasons behind
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phenomenon. On the face of it, the growing fashion of having a self-owned employment might have some benefits, but it comes at the cost of various drawbacks. An increasing number of the people are opting to have their personal
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instead
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of seeking an employment because of the high expectations of the employers. As we are living in an era of a global recession; economies are shrinking.
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has resulted in a tougher competition in the job market.
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, the managers of the multinational companies not only ask for the highest academic qualifications, but the salaries offered are
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squeezing.
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, the position that required a bachelor's degree in the past asks a master's or equivalent degree at present that too at lower wages. Resultantly, an increasing number of people prefer to have their own
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rather than working for some other firm. Despite above, running an employment of one's own, is a hard nut to crack. It comes at the cost of various negatives; foremost of which includes the risk of loosing money and the hard earned finances. Since starting a new company requires a certain level of pre-hand experience that many of the freshers lack in. Impressed with the business tycoon's social, motivational speeches, they eagerly invest in a new
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, without any planning and are doomed.
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does not only cast a serious mental trauma, but
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leads a person to the bank-corrupt. 
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, as most of the
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these entrepreneurs are busy with their projects that they are heading single-handedly, they do not find
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for their own selves or for their families. Even, if they are able to find any
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time
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, it is mostly spent in listening to the compassions of their workers or solving their issues.
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, there are many entrepreneurs in my friend's list who have not availed any vacation trip, since years.
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is because they are often so committed in running their businesses that they are unable to escape the routine.  To conclude, the fashion of the self-owned business is on the rise because employers are asking for the higher
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of a lesser pays. While, the entrepreneurship might seem tempting, but it carries the risk of loosing money and
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.
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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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Topic Vocabulary:
  • autonomy
  • align
  • flexibility
  • work-life balance
  • productivity
  • advancements in technology
  • entrepreneurial spirit
  • financial rewards
  • constraints
  • employee benefits
  • administrative tasks
  • financial instability
  • job insecurity
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