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?

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