Nowadays many people choose to be self-employed, rather than work for a company or organization. Why might this be the case? What could be the disadvantages of being self-employed?
In recent times, many
people
prefer to start their own Use synonyms
business
Use synonyms
instead
of working for a Linking Words
company
or organization. Use synonyms
This
essay will explicate why Linking Words
people
choose to start their own Use synonyms
business
and a few demerits of being self-employed in the forthcoming paragraphs.
To commence with, the world has become tremendously competitive and arduous to find a job. Unemployment is one of the major reasons for Use synonyms
people
to opt as self-employed. Use synonyms
Thus
, Linking Words
people
have started to run a Use synonyms
business
to survive in their life. At the same time, it would be their life ambition to start a Use synonyms
company
. Use synonyms
Furthermore
, they can earn more money than a person who works for an organization. Linking Words
Moreover
, it will enhance their knowledge and get to know about the current trends in their core field. Linking Words
However
, it is not possible for an individual who works for any Linking Words
company
because of the workloads they face every day. Running a Use synonyms
business
is the best source to earn more money than a typical office job. Use synonyms
For instance
, as per a recent survey which was conducted at the Oxford University of London revealed that an entrepreneur's annual income is 55% higher than that of employees in private or government organizations.
Linking Words
However
, there are myriad benefits to self-employment Linking Words
such
as providing greater freedom and decision making. Linking Words
Moreover
, the Internet provides a global marketplace where they can establish Linking Words
company
products and yield more revenue. Use synonyms
Although
it has more advantages, a few demerits are Linking Words
also
inevitable. These Linking Words
people
may face more financial obstacles. Use synonyms
As a result
, many fail to make profits in their companies. It has less stability and no benefits like pensions and holiday pay. Linking Words
For example
, a recent article published in a local newspaper called "THE TIMES" revealed that 10% of new businesses have closed due to financial losses that they faced in the Linking Words
last
fiscal year 2021.
In conclusion, despite a few disadvantages of self-employment, more benefits are available for Linking Words
business
Use synonyms
people
. When an employer starts an organization with proper execution of their notion Use synonyms
then
they will reach a high position in our society and provide more job opportunities.Linking Words
Submitted by parukrishna31 on
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Answer the 'Advantages and Disadvantages' topic
IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.
Answer structure for the type of essay
- Introduction
- Body paragraph 1 – advantages
- Body paragraph 2 – disadvantages
- Conclusion
Examples to start your body paragraph:
- The main advantage is...
- The disadvantage of this...
- The main benefit...
- Despite these advantages...
- One possible drawback...