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? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Some people argue that opening a company by themselves is way more important to stay in an institution because they can gain profit from the company.

However

, owning an organisation is not easy and there are some negative influences.

To begin

with, some people dream to become a boss when they are still teenagers. When they finished their academic lives, they tend to open an organisation by themselves or with classmates

instead

of being a worker.

This

makes young practice their dreams, and lead a lot of employees under their command.

Besides

, teens think it is the best way to earn a large amount of money for their whole lives and do not need to follow the rules while working.

Nevertheless

, being a CEO in an organisation is not always the right choice.

On the other hand

, new institutions can not compete with big companies in the

first

few decades because their market is not huge enough to beat competitors.

Moreover

, new businesses might have no founders to support their ideas so they do not have many sources or experiments to test their products.

Finally

, should the boss can not pay the salary to the staff and end up bankrupt, he or she might close the company forever. It will lead to a high unemployment rate and

also

let the boss frustrated.

This

is a common situation because almost ten new businesses pop up,

then

nine of them will be close

next

year. So, it is not easy to start a business. In conclusion, people prefer to start their business when they have the chance to do it.

However

, it is the quickest way to earn a lot of profits in the lifetime but it still has a large number of drawbacks need to cope with.