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

These days numerous people opt for working independently as opposed to being employed in an organization due to various reasons.
This
essay will try to find the possible cause for it and its corresponding possible drawbacks. One of the main reasons why a lot of people chose to be self-employed prefers to have heightened freedom to take decisions.
This
is important because it provides them
t
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with

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he feeling of ownership.
For instance
, a grocery shop owner can decide the opening and closing hours of his/her store according to their own comfort.
As a result
, it helps them feel more valuable and satisfied at their work station.
On the contrary
, employees are supposed to follow the rules and it
also
requires them to serve their duties for a certain number of hours.
Therefore
, jobbing oneself boosts the self-esteem of independent labourers. Be that as it may, one cannot ignore the uncertainty that hovers around being a freelancer.
In other words
, many of these freelancers are dependent on the frequency of visiting customers as a lot of professions are dependent on one thing or the other.
For example
, a lot of woollen clothes is less likely to be sold in winter than in the summer. As a consequence, the income of the business owners becomes highly unstable due to low demand.
Conversely
, remunerations are guaranteed if individuals are working in a company. In conclusion, one of the key reasons behind people choosing self-employment is the greater decision making powers.
However
, variable earnings is a major setback because of unguaranteed demand.
Submitted by kusumja on

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