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.

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

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