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 sellf-employed?

It is true that the vast majority of people tend to believe that
business
is a better preference as compared to working in five to nine jobs because there are more chances to get a high source of income and showing their creativity in a
business
is
also
a
second
biggest advantage.
Moreover
,
this
trend has some pitfalls too like managing a
company
is not a child's play it contains clear supervision of the managing directors who have to face a lot of troubles.
Therefore
, I would explain my viewpoint in the forthcoming paragraphs.
To begin
,with the view that some people believe that becoming a boss of their own
company
can aid them to gain a large amount of profit.
Additionally
,
business
management is one of the main and best factors to start a
company
.
For example
, a survey was conducted by the tribune, in Canada, 70% of people have started their own businesses after graduating from colleges and becoming successful.
In other words
, by doing a
business
, masses can show their hidden talent like creativity, accounting skills as well as communication skills.
As a result
, a large proportion of pupils considers, own
business
is fruitful rather than to work for a
company
or organisation. Moving
further
to other viewpoints,
this
trend has some negative sides too
such
as money management and taxing issues regarding different perspectives.
However
, managing a
business
is not easy for everyone because some individuals are not good at money management and it can cause low margins in a
company
's profits. Getting a loss is the
second
responsible cons of
this
trend.
For instance
, a survey conducted by the department of entrepreneurs that each
company
lost 40% of its income in loss annually. To conclude, every coin has two sides and being self-employed is a good starting off bright future because it takes much hard work and knowledge about
this
platform whilst it has some detrimental sides too like setting up a path is not easier for everyone because the main cause of
this
tendency is lack of knowledge.
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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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