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?

There are some
people
who prefer to have their own
business
instead
of working in an institution, while others opposed it.
This
essay will show why more and more
people
are following
this
trend.
In addition
, will draft some disadvantages for the same. To embark with, there are two main prospects for
this
case.
Firstly
, being self-employed in society brings with it a sense of honour among
people
. For ,example if a person establishes his or her
business
,
people
around him take them as a prestigious person in society.
Secondly
, some
people
try to learn techniques from the place where they work and after some time with the help of that knowledge they open their own
business
. A survey has shown
people
who opt to leave jobs to start their own venture are more successful because of the experience they gained while working in a firm.
On the other hand
,
although
people
feel secure if they have their own work sometimes not all businesses work effectively which
further
leads to losses that have to be bear by the owner.
For instance
, a lot of
people
have to shut down their businesses because of less demand for their commodities.
Furthermore
, one has to give more hours of sitting in their venture
in contrast
to that of fixed working hours offered in a job. In conclusion, even though there is no one else to supervise a
business
but we cannot neglect the fact that
business
does not remain the same all the time and one has to see up and downs in their own
business
.
Submitted by meghaseth20 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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