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

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

This

is usually due to a higher monthly

income

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

. In

this

essay, I will tackle

this

issue and offer a conclusion.

First

and foremost, the major causes for

people

prefer to

work

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

In other words

, unlike a

person

with a fixed monthly

income

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

income

significantly at any given time.

This

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

such

. The

second

reason related to the

first

is that

,

Remove the comma

apply

show examples

people

who

work

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

for example

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

person

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

work

.

This

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

person

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

this

in perspective, since self-employed

people

depend on their

business

for

income

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

further

.

For instance

, in the case of illness where a

person

does not manage to attend to his

business

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

business

deteriorates even

further

.

Additionally

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

then

a self-employed

person

will remain with no source of

income

and might ultimately close down his

business

. By way of conclusion,

although

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

once the customers stop buying the products and when a

person

falls ill.

This

constitutes why certain

people

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