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?

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Although
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today's younger generation is proud to be employed with prestigious corporates,
however
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, many prefer to start their own
business
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or run the family
business
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.
This
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is mainly because of the necessity to be control-free, and
also
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owing to the freedom one has to take decisions
accordingly
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. There are several drawbacks associated with running a local
business
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which will be discussed
further
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.
Firstly
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, the reason why many people turn towards starting their own
business
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is that it gives them a sense of immense freedom and satisfaction.
In other words
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, they are free to adjust the
work
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schedules and cover can be found more easily, and
also
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business
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objective and target-related decisions can be taken based on the people involved. In a family-owned
business
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,
for instance
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, decisions will be made to benefit the entire family.
Secondly
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, directors and managers who are family members will
work
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harder, be more dedicated, and the
work
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atmosphere will be more relaxed and target-oriented.
As a result
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, the targets will be reached efficiently in fast track and a sense of complete satisfaction might arise. One significant disadvantage of being self-employed is that there will be no access to corporate-subsidised benefits.
For example
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, all the employees of a corporate firm might have a certain percentage of discount for a gym facility, which may be required to be renewed every year or so, and in fact, some offers have coverage for the whole family. Another negative point to consider is that in a family-owned
business
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there is a chance for the ideas to become stale and fresh-perspectives might be difficult to find. These two points may be overcome if one chooses to
work
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in a corporate environment. In conclusion, a self-owned
business
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might not have the lucrative corporate offers and other attractive deals that the corporates can afford to offer to their employees but it does give them a sense of self-satisfaction.
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  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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Topic Vocabulary:
  • self-employed
  • company
  • organization
  • freedom
  • independence
  • income potential
  • flexibility
  • working hours
  • working location
  • passions
  • interests
  • decision-making
  • business practices
  • disadvantages
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