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 disadvantage of being self-employed?

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In the modern era, a number of individuals opt to become entrepreneurs
instead
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of working for other organisations or companies.
This
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essay shall delve into the causes of the growing trend and discuss some possible demerits of running own
business
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. There
are
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is
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a myriad of reasons why people choose self-employment over a job. The most preponderant one is that the increasing work pressure by organisations and fewer salaries not only takes a toll on the health of employees but
also
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takes away their family time.
For instance
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, most multinational companies expect the individuals working in their organisations to devote a minimum of nine hours in the office and give targets to them as well. Servicemen are seldom given financial perks for their extra efforts.
However
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, entrepreneurship provides a better chance to individuals to balance their professional as well as personal life. It
also
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gives them hope that more efforts would lead to more profit. On the others hand, becoming self-employed brings some disadvantages along with it. The biggest con is that
business
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involves huge risks. One might have to suffer huge losses in case the
business
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fails.
Such
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a financial crisis may
also
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lead to suicidal thoughts among businessmen. Ashok Singh,
for example
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, the founder of Cafe coffee day attempted suicide a few years ago because he was not able to cope up with the consecutive losses faced by his cafe.
Therefore
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, before setting up a venture, one has to keep the risk factor in mind and become strong enough to tackle failure. In conclusion, it can be said that setting up own
business
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is a better choice because of reasons
such
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as less work pressure and more profits. But, the risk factor in trade is not really easy to handle.
Submitted by manseeratkaur28 on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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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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