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?

Self-employed is getting a common choice to work rather than working for a company or organisation. Because of the development of technology,

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can launch their own company using their computers and advertise their business on the internet. I will discuss two reasons why many

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choose to be self-employed

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and the disadvantages of being self-employed

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. One reason why many

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choose to be self-employed because of its flexibility. While employees work under the regulation, self-employed

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can decide their business by themselves. When

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want to take a vacation, they can decide the length by themselves.

For example

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, a friend of mine found her own yoga class and enjoys looking after her baby because she can adjust her working hours and time depending on her lifestyle.

In addition

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,

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also

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feel a sense of security. In 2020, Corona pandemic has happened, and many employees were fired due to restriction of governments. When

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rely on their income to their companies, there is no way to receive money in another way.

Therefore

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, many

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start their own business to service. Another reason is the development of technology. Even though many

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choose to be self-employed as it seems a better choice, the drawbacks of

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working style

also

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should be aware.

Firstly

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,

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do not have employee benefit. When

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work for companies, they can receive certain benefits

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as paid holidays and health insurance.

However

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,

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who own their businesses, they do not have

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an opportunity.

Secondly

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, self-employed

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also

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need to do financial management. Calculating balance and making payment to their employees is inevitable to run a company unless they hire an accountant, so

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takes time or cost to do it by themselves. In conclusion, many

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willing to be self-employed but there are some drawbacks being

this

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working style because they have no employee benefit and need financial management skills.