Cam 14 - Test 4 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?
Working has played a vital role in a person's life. Nowadays, a growing number of
people
tend to have their own business
in
that different reasons. Without a doubt, there are several disadvantages to being self-employed. Change preposition
for
This
essay will explain the causes and the possible drawbacks of this
matter.
As a matter of fact, running own business
has a wide range of reasons. First
of all, one important thing could be about the time. In fact, by being self-employed, people
can manage their time in favour of what they want. They may suppose that having a nine-to-five job can be tedious and frustrating. They should be stuck behind the desk the whole day if they work for somebody else as an employee. Secondly
and more importantly, money
is highly essential for everybody. Indeed, some people
do not have enough good opportunity and motivation so as to get a raise or promotion in working in other companies. In return, they are more likely to earn more money
if they work for themselves.
Despite the possible advantages that being self-employed has, it might have disadvantages as well. For instance
, people
may face various issues for running their businesses. Firstly
, they need to have strong leadership skills. Running their own business
is not easy and they need to obtain qualifications or hold a degree in management or MBA if they want to be successful in their career. Another possible drawback would be that a sizeable amount of money
is needed in many cases in order to launch a business
. Therefore
, they may get a loan from a bank, and if they fail in this
way, they will go bankrupt.
To sum up, time management and gaining more money
would be the reasons to choose to be self-employed. In addition
, being knowledgeable and knowing how to spend money
or earn money
is essential.Submitted by armaghan.khosravi on
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