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 disadvantages of being self-employed?

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In Today era,
stand
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standing
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upon your own feet is more essential in society. There are pros and cons of becoming self-employed apart from working for huge Industries or companies.
Hence
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, both merits and demerits of
this
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phenomenon are explained in the following paragraphs. To embark with, ample numbers of youngsters wish to be self-employed and set up their life.
First
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and foremost, if a person is choosing to become a businessman or entrepreneur, it will boost their mind power as well as they might obtain numerous information about self-employment. Eventually, they are their own boss and making own rules and regulations rather than working under a company.
Moreover
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, individuals need enough wisdom to be successful in
this
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era because in the initial stage they may suffer but afterwards they get enormous success.
As a result
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, entrepreneurs can enhance their skills and
also
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their confidence level will increase. Ultimately, leading towards a luxurious life.
For example
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, 50% of college graduates switch towards starting their own
business
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instead
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of doing
typical
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the typical
a typical
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job.
On the contrary
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, there is always
other
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another
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side
of
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to
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the coin.
Firstly
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, risk factor always resides in a self-employed journey.
Although
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, tackling the situation wisely can eliminate risk
factor
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factors
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upto
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up to
to
some extent.
Secondly
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, there is no assurance of stable income in entrepreneurship. To explain, due to the Market fluctuations the Demand and Supply forces may affect the revenue of the
business
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.
Last
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but not least, if an entrepreneur does not have effective
decision making
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decision-making
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capabilities, he may end up taking his
business
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towards bankruptcy.
For instance
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, according to one survey youngsters do not take stable decisions which
leads
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lead
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to affecting their
business
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career. To conclude, the essay has been explored from both
the
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apply
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sides with enough evidence which
finally
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allows me to pen down and state that it is essential for a businessman to have inside out knowledge about his field of operation
also
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to gain that they must required experience which is
seeked
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sought
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from the job.
Submitted by rohitgohel2658 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-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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