Some people say that self employment is better than a job in a company or an institution. Discuss both the views and give your own opinion.

Humans are planning different ways to earn pleasant money and secure their families. A section of society holds a notion that running a self-business is safer than working under some organizations.
Although
in own business one is his own boss and can plan the revenue
accordingly
, working under a reputed
firm
could ensure income stability in case of some unforeseen circumstances. In my opinion, I strongly believe that a person must
work
under a bigger
firm
.
To begin
with, there are myriads of reasons why individuals prefer self-run trade.
First
and foremost, due to no time constraints in working under home business. As one can plan the
work
according to their own schedule, because of no accountability to others.
For example
, a person running his own shop can reach the place anytime during the day by completing other household tasks or personal assignments, if any.
Secondly
, an individual is the boss of his own company,
hence
can plan the profit of the
firm
suitably. While revenue depends upon various market factors like demand, an entrepreneur can
work
and get the task completed as per the demand of their products and can earn desired income.
Moreover
, various decisions regarding changes in the production or modification of existing lines of product can be made at the sole discretion of the owner. To exemplify, involving other staff to
work
overtime for completing some bigger market orders can assist businessmen to earn surplus profit and can procure new assignments
similarly
.
On the contrary
, there are
also
numerous reasons why people prefer working in some renowned organizations.
Firstly
, it ensures the stability of income for the family. Since there are lots of ups and downs in the market due to various factors like inflation and demand, a salaried person can earn fixed remuneration on a monthly basis despite all these factors. To exemplify, in the economic crisis of the year 2008, almost all the smaller businesses failed,
however
, people working in the big firms survived due to receiving a continuous monthly salary.
Lastly
, working in a renowned
firm
likely provides multiple other benefits as well.
Such
as, an employee can get group medical insurance, leased accommodation facility and many other extra benefits if the cash flows of the
firm
are strong.
Therefore
, due to all these reasons, many individuals prefer working in some reputed companies. To conclude, despite having no time constraints of working under own business, I believe that a human must prefer recruitment under a renowned company because of having numerous other benefits
such
as a health insurance policy, a facility of leased accommodation and many more.
Submitted by kirnu0216 on

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