nowadys many people choose to be self-employed, rather than to work for a company or organization. what might this be the case. what could be the disadvantages of being self-empolyed.

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Many
people
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prefer to start their own
business
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instead
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of working under other companies or organisations. There are some reasons for doing own
business
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and have some pros and cons of
this
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development.
This
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essay will discuss the reasons, advantages and disadvantages in the forthcoming paragraphs.
To begin
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with,
firstly
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, some companies do not give salary on time to
employees
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.
Then
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they suffer from financial crises.
Secondly
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, higher-level officers in a
company
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do not respect the
employees
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who work under them they consider them inferior.
For instance
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, I worked in a bcc
company
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for 2 years,
then
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I left my job due to disrespect in the office because my manager did not have manners on how to speak with his
employees
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. So I consider self-respect is most important in the workplace.
Moreover
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, there is
also
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another reason that some
people
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are creative and they want to invest in their
business
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. There are some advantages
such
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as
people
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who has his own
company
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is a manager himself, he keeps a record of all finance and they can vast their
business
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wisely. Despite
this
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, there are some drawbacks
such
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as financial. To establish the
business
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one needs a sufficient amount of money to install equipment, and hire
employees
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.
Furthermore
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, if there is a pandemic or war issue one's
business
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can be demolished.
For instance
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, One of my friends started a
business
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of confectionery in 2016, it was very smooth till early 2020.
Then
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in ,2020 his
business
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goes down during COVID. There was no supply of raw material
then
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he became bankrupt and now he is working in a private firm. To conclude, in my opinion, starting own
business
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is better than working under another
company
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.
People
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can earn more money than the salary paid by a firm
Submitted by Rajwinder Kaur on

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