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 disadvantage of being self-employed?

In recent times, the masses opt to

work

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for themselves as opposed to being in full-time employment.

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is usually due to a higher monthly

income

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and flexible working schedules even though at times they face negatives in that a change to the economy of a country often results in a loss of

business

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. In

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essay, I will tackle

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issue and offer a conclusion.

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and foremost, the major causes for

people

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prefer to

work

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independently is because it accords them a chance to earn higher salaries.

In other words

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, unlike a

person

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with a fixed monthly

income

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in full-time employment, these are at liberty to raise their

income

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significantly at any given time.

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enables self-employed individuals to remain economically stable than full-time employees and gives them more reason to remain as

such

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. The

second

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reason related to the

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is that

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apply

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people

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who

work

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for themselves have a flexible schedule one which they can be able to alter in order to suit their immediate needs. Take,

for example

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, rather than following a strict routine set by a company or an organisation, a

person

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working independently can change the times to report for and knock off from

work

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.

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gives him more time to attend to more urgent matters at will unlike a

person

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working for a company. Disadvantages that results from being self-employed. These include problems like illnesses and lack of customers. To put

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in perspective, since self-employed

people

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depend on their

business

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for

income

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, anything that may prevent them from running their businesses even for a day cripples their salaries even

further

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.

For instance

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, in the case of illness where a

person

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does not manage to attend to his

business

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for a day, it means that his company losses out on profit for that day. In the long run, the

business

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deteriorates even

further

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.

Additionally

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, once the target market is no longer interested in the product on sale,

then

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a self-employed

person

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will remain with no source of

income

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and might ultimately close down his

business

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. By way of conclusion,

although

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being self-employed may seem to be a positive development as it accords one a chance to earn more money and an opportunity to alter his working schedule, it often leads to the closure of the

business

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once the customers stop buying the products and when a

person

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falls ill.

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constitutes why certain

people

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prefer being in full-time employment to being self-employed.