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?

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It is true that the vast majority of people tend to believe that
business
Use synonyms
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
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is
also
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a
second
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biggest advantage.
Moreover
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,
this
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trend has some pitfalls too like managing a
company
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is not a child's play it contains clear supervision of the managing directors who have to face a lot of troubles.
Therefore
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, I would explain my viewpoint in the forthcoming paragraphs.
To begin
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,with the view that some people believe that becoming a boss of their own
company
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can aid them to gain a large amount of profit.
Additionally
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,
business
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management is one of the main and best factors to start a
company
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.
For example
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, 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
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, by doing a
business
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, masses can show their hidden talent like creativity, accounting skills as well as communication skills.
As a result
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, a large proportion of pupils considers, own
business
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is fruitful rather than to work for a
company
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or organisation. Moving
further
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to other viewpoints,
this
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trend has some negative sides too
such
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as money management and taxing issues regarding different perspectives.
However
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, managing a
business
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is not easy for everyone because some individuals are not good at money management and it can cause low margins in a
company
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's profits. Getting a loss is the
second
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responsible cons of
this
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trend.
For instance
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, a survey conducted by the department of entrepreneurs that each
company
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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
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platform whilst it has some detrimental sides too like setting up a path is not easier for everyone because the main cause of
this
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tendency is lack of knowledge.
Submitted by ankeshsaini100 on

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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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