Nowadays many people choose to be self-employed, rather than to work for a company or organisation. Why might this be the case? What could be the disadvantages of being self-employed?

It has been argued that These days a larger number of people prefer to have their own businesses
instead
of working for another corporate or organization. In
this
essay, I will describe my opinion about why
such
a new trend has started and
also
some of its possible drawbacks.
To begin
with, recently self-employment has attracted a sizeable number of people because of its definite advantages. From my perspective, individuals who are self-employed can plan their desired schedules. Meaning that they are not forced to
work
based on strict regulations and policies of other organizations.
For example
, they can have their own flexible time plan, whereas the
work
hours in a corporate are determined by its board of directors so employees inevitably have to obey that rules.
In addition
, individuals are likely to gain more financial advantages by working for themselves. Since a high proportion of their company’s profit is allocated to them, they usually earn more income.
For example
, most organizations devote just a basic wage to the employees regardless of their corporate's high profit.
Moreover
, even though self-employment may have its own advantages, it can have some negative points. Starting a new business and running it can be considered
as
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the most physically and mentally demanding task. In fact, founders of companies encounter many challenges and impediments in their profession that should dedicate a lot of time and effort to removing them. By way of example, if they
work
in a country with many economic crises
such
as recession and high inflation, they may face different issues
such
as decreasing customers' demand for their services and even it may result in breaking down their businesses. In conclusion,
although
currently many people have established their own businesses because of its different benefits
such
as high income and
work
flexibility,
this
also
has several disadvantages like the need to hard
work
in order to keep it.
Submitted by ava.mombeyni on

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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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