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

Entrepreneurship is common nowadays, especially in a country like India. Some people choose to become self-employed

instead

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of working for a company.

This

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essay will discuss the situation, why people think to become an entrepreneur and what consequences they will have to suffer. There are several cases due to which people decide either to open their own task or do any freelancing.

Firstly

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, some job prefers to work overseas to earn more money so that they can come to their native place and build their own employment.

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, In India there are lots of people who work in foreign countries like Dubai, USA, to make more amount in stronger currency and after that they can for their country to establish their own startups.

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, Many freelancers prefer to be self employed because of a maximum number of clients. They are earning well enough money so they can make a lucrative career as an individual - employed.

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, many web-portals like Up Work, Freelancer give equal opportunity to everyone to earn profit. Due to these websites freelancer's

field

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fields

proliferate these days.

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, there are various negative effects to be an entrepreneur.

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as, Being along managing person you have to manage everything in the initial phase like from Financial department to Management department.

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,

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the business

also

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has to face some financial crises because

initially

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we can only do investment without thinking about profit. In conclusion, If a person has enough amount of funding and proper management

then

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self-employment is a better option for lucrative businesses.