Nowadays many people choose to be self-employed, rather than to work for a company or organization. Why might this be the case? What could be the disadvantages of being self-employed?

In

this

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contemporary world,

instead

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of working for any company or organisation, a plethora of people are electing to become self-employed as it provides flexibility in

job

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a job

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.

However

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, it has certain advantages as well disadvantages like instability of job and lack of professional experience. On the

first

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hand, speaking of advantages, in

this

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modern time, being self-owner sounds lucrative to anyone due to the fact that it allows varied flexibilities to workers. By being their own boss they can decide how much amount of new assignments to accept and for what duration to execute

it

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them

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; whereas

this

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is not the case for the employees who are working in any organisation.

For instance

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, any software developer working as a freelancer will choose the client to work with based on the

lenght

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length

of the project and expected timeline. He would even choose not to work in between the

assignement

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assignment

in case if has to attend any other important matter in life.

Hence

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,

such

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provisions can be considered as

main

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the main

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factors for someone being self-employed.

On the other hand

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, it has certain disadvantages when one decides to not become an employee of any company

then

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they may risk the stability of remuneration which is retrieved from a secured

employement

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employment

.

Furthermore

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, despite having a number of years of self-

employement

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employment

experience, one can lack

of

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apply

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industry-specific knowledge which can be obtained by working with professional

of

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apply

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companies. To illustrate, a software developer working in a multinational company would be trained under seniors who are having a vast experience

of

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in

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their domain.

Additionally

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, they will inculcate him with standard practices and methodologies which is not possible for

the

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a

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person

whos

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who

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is working as a freelancer. In conclusion, in lieu of becoming a

permenant

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permanent

worker of any business, a number of

mankinds

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mankind

mankind's

are not choosing them as they do not achieve desired flexibility over there. Even

thogh

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though

they become their own boss, they have to face some merits and demerits as they do not have assurity on income and they may miss occupational knowledge.