Nowadays many people choose to be self employed, rather than to work for a company or organisation. what could be the disadvantages of being self employed?

Most contemporary economies allow
such
a model of employment as being self-employed, which appears very tempting for many.
However
, the vast majority of
people
opt for being employed in a company and not to set up their own
business
.
this
essay will attempt to look into the key factors as to why
people
may prefer entrepreneurship and major drawbacks to it. To start with, in many modern societies including Russia, entrepreneurship is greatly encouraged with lots of
business
seminars and workshops advertised. These may range from slightly fraudulent to genuinely educational, supportive and generally any information on setting up an association is easily accessible for those who are willing. And willing they are, as being a
business
person, the image itself has a certain feel of luxury, respectability and success. The public is being told that they have no limits and they can easily become as wealthy as a steve job if they wish it.
This
first
reason is linked with the
second
, which is relevant for Russia and some other counties. Bank loans are accessible too, and they are larger eagerly granted. If a future
business
guy truly knows their
business
, it poses no threats.
Nevertheless
, easy access to setting up a community for someone inexperienced may cause a range of problems. Apparently, the
first
issue that may perplex an unskilled entrepreneur is the necessity to be a jack of all trades (if the firm is very small). Having taken the responsibilities of an accountant, PR or HR manager at the same time can be a burden and make somebody wish they had never done it at all. If they hire other
people
to perform these tasks, they must pay more tax and provide their employees with decent working conditions. At the same time, the field is usually a risk matter and in our competitive ,reality many of them go bankrupt. And
last
, but not least self-employed
people
are the only person is responsible for their own vacations, sick or maternity leaves or any job perks. So, in a nutshell, being your master has many downsides,
that is
why many folks decide to play it safe.
Submitted by ishandk3 on

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