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?
The significance of being self-employed has always been discussed and people hold varied perceptions about it. There is a trend of being self-employed nowadays among most of the people
instead
of working for an organisation or firm. There are myriads of reasons why people are following this
trend. This
essay will shed light on possible drawbacks of being own boss
in the subsequent paragraphs.
To commence with, There are a bunch of reasons why people are following a trend of being their own boss
. Primarily, they are fed of working under someone who always gives orders and never gets satisfied with their work. Secondly
, they might have gained enough experience in their field that they wanted to set up their own business
following their dreams. For instance
, a survey was conducted by business
unions of start-up companies in the USA among 50 new start-up company
owners which revealed that 36 of them confronted that they worked for some company
and after gaining enough experience, they are following their passions finally
.
On the other hand
, there are several cons of running the business
on own. Firstly
, they have to invest a plethora of money in the business
for which they take a loan from the bank. For any reason, if they cannot make any profits in the business
they have to pay the interest amount out of their pocket which cost them a lot. In addition
to that, they have more responsibility to look after being a boss
, unlike working for a company
where people work what they have been given from 9-5 and enjoy the rest of the day. Thus
, being self-employed involves a lot of risks.
In conclusion, although
many people are opting for being their own boss
rather than working in a company
for 9-5 and relaxing for rest of the day, this
profession involves lots of risk and drawbacks.Submitted by Sam on
Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.
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...