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Self-Employed and working for companies or institution , which is better?

#companies #institution
Employment is essential to survive in the world. it provides shelter and it is useful to pay expenses of daily needs. Whereas some people are considered entrepreneurship the best way to get a luxurious status in
life
, others believe jobs in the private region are perfect to secure a future. ,
,
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However
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,However
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 it is necessary to look into the pros and cons of
both
 before deciding which situation is more advantageous.
To begin
 with, entrepreneurship is not easy to set up in the contemporary era. It has a very long procedure which is required a high net worth including
both
 fixed assets and current assets.
Moreover
, entrepreneurs have to fulfil the obligatory legal formalities to get a licence and take a loan from a financial institution to run a small
business
.
Although
 it provides a profit as well as a high status in the community and is considered helpful
to
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in
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 fulfilling social needs, sometimes entrepreneurs have to feel
a
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stress due to the problem of risk analysis and
it
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may go into debt. As a reason, unpredictable changes in the environment and competition in the market. COVID-19 is a great example in order to shut down a
business
.
On the other hand
, it is not easy to get a job in a private region. Individuals must have to hold high degrees and relevant experience.
Then
, they have to filter in the crowd of the competition to demonstrate their skills for the desired occupation in the top businesses. Afterwards,they have to do a hardworking to perform all the functions of the job duties which sometimes may be unusual for them. Whereas some employees earn an average income which is enough to fulfil their expenses and minor saving for the future, these jobs are suitable for individuals to give a profession ;
for example
, engineers, accountants, managers and
business
 analysts. .
However
, I believe that
both
 occupations are effective.While entrepreneurship maintains a profit and a luxurious status in society but it is risky and stressful, working in a top
business
 is peaceful and helpful to achieve a respectful title in the public but has limited financial opportunities. As it depends on whether the individuals
they
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want a peaceful
life
 or a comfortable
life
, more hardworking is necessary to achieve a luxurious
life
 than peaceful
life
 because it has a lot of requirements including risk. In Conclusion.
both
 the entrepreneurs and the workers of the private regions are essential for the working operation of the world because they provide goods and services to the public. Being self-employed can be very fulfilling but not without difficulties, so working for a company would be a much safer option.
Submitted by singhsunjit1993 on

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