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.

There are many types of working available in
this
world which allows
people
to select the appropriate job that suite with their study background. Commonly after graduated
people
tend to work with a company.
However
,in the current situation,
people
like to self-employed compare than working as typical workers in a company or organization. Recently most of the
people
opted to run their own
business
due to financial provided by the government. The received financial may help a junior entrepreneur to set up and purchase initial equipment
for example
a computer and the cash machine.
Moreover
, the introduction of industry 4.0 that require a
business
to be online making the proses to start
business
becomes easy.
Besides
that, minimal job opportunities are among the reason why
people
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
, there are several drawbacks to be a self-employed worker.
Firstly
, we have to work hard in ensuring
business
keep on running.
For example
marketing strategies, financial management, products selection, and branding are the components need to be aligned together to assure the
business
capable of making a profit.
Secondly
, the possibility for the profit lost is higher due to incapability to manage financial smartly. In
this
situation,
people
who plan to have their own
business
must equip their self with
business
knowledge.
For instance
, recently there are many online courses available across the countries which allow
people
to learn about strategies to operate a
business
. To conclude, self-employed help the government to reduce the unemployed rate by offering jobs to
people
. The financial support is given by the government increased the percentage of
people
to have their own
business
.
However
, the shortfall of the running own
business
must be taken into account to ensure they able to operate their
business
wisely and making a profit.
Submitted by afastars on

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