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 advantages and disadvantages of being self-employed?

It is widely believed that most
people
prefer to do their own
business
instead
of working in an organisation or a company. It is probably because
people
can do their work as per their interest. In
this
essay, we will discuss the pros and cons before a conclusion is reached.
Firstly
, self-employed has numerous advantages
such
as they can do
business
in a certain area in which they are interested.
For example
, many businessmen in the computer industry have a profitable
business
as they love their work.
In addition
to
this
, own
business
has a respectable position and overall control in it,
such
as how should be the work environment, dress code, exact investment, marketing, and much more.
On the other hand
, there are chances of risk in own-
business
such
as the huge amount of investment without knowing the outcome of that.
For instance
, many
people
hire some employees and take loans from banks to start startups. But they cannot get enough profit to give salaries to their co-workers.
Furthermore
, many
business
owners cannot take leaves on weekends to make more profits, which may impact their health. In conclusion, it is apparent that businessmen can have more profit rather than doing jobs in different companies. In my opinion, if
people
have proper talent and knowledge about the
business
they can make profit out of it,
otherwise
there is a risk of money as well as health.
Submitted by rohitnagare on

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Word Count

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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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