Nowadays many people choose to be self-employed, rather than work for a company. Why might this be the case? What could be the disadvantage of being self-employed?

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While in the past people were willing to
work
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for others these days individuals tend to
work
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for their own business. In
this
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way, they would not only have more freedom but
also
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earn more
money
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,
although
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, it may have some negative points. There are various reasons to be self-employed.
Firstly
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, people could be their own boss and it is not necessary to obey others orders as a consequence, they have far more liberty.
For instance
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, the person is not forced to go to
work
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early morning and come back at a specific time.
Therefore
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, they have flexible
work
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time and can do their
work
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whenever they want.
Secondly
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, when somebody is self-employed all the
money
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that he earns for himself. In the other words, they have more motivation to expand their jobs to gain more profits so that they reach a better career prospect.
On the other hand
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, being self-employed have some drawbacks. It could be riskier because these persons may face bankruptcy and lose their own investment and since they do not have a fixed salary, they may get into trouble to provide living expenses.
Moreover
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, having a business brings more responsibilities. One is more likely to go to
work
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on holidays or at weekends due to heavy workloads.
Hence
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it would be a demanding job with less spare time. In conclusion, today's people because of liberty in the
work
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environment and make more
money
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prefer to establish their own business even though, self-employed has some problems and difficulties
such
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as losing their
money
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and shoulder more responsibilities
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