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? Give reason for your answer and includes any relevant examples from your own knowledge or experience. Write at least 250 words.

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There are many types of working available in
this
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world which allows
people
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to select the appropriate job that suite with their study background. Commonly after graduated
people
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tend to work with a company.
However
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,in the current situation,
people
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like to self-employed compare than working as typical workers in a company or organization. Recently most of the
people
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opted to run their own
business
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due to financial provided by the government. The received financial may help a junior entrepreneur to set up and purchase initial equipment
for example
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a computer and the cash machine.
Moreover
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, the introduction of industry 4.0 that require a
business
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to be online making the proses to start
business
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becomes easy.
Besides
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that, minimal job opportunities are among the reason why
people
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tend to be self-employed. Lesser job offers probably due to instability of the economy which lead to consequences that a company cannot hire new staff.
On the other hand
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, there are several drawbacks to be a self-employed worker.
Firstly
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, we have to work hard in ensuring
business
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keep on running.
For example
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marketing strategies, financial management, products selection, and branding are the components need to be aligned together to assure the
business
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capable of making a profit.
Secondly
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, the possibility for the profit lost is higher due to incapability to manage financial smartly. In
this
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situation,
people
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who plan to have their own
business
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must equip their self with
business
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knowledge.
For instance
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, recently there are many online courses available across the countries which allow
people
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to learn about strategies to operate a
business
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. To conclude, self-employed help the government to reduce the unemployed rate by offering jobs to
people
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. The financial support is given by the government increased the percentage of
people
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to have their own
business
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.
However
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, the shortfall of the running own
business
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must be taken into account to ensure they able to operate their
business
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wisely and making a profit.
Submitted by afastars on

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