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?

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Most contemporary economies allow
such
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a model of employment as being self-employed, which appears very tempting for many.
However
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,
still
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,still
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the vast majority of
people
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opt for being employed in a
company
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and not to set up their own
business
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.
This
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essay will attempt to look into the key factors as to why
people
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may prefer entrepreneurship and its major drawbacks to it. To start with, in many modern societies, including Russia, entrepreneurship is greatly encouraged with lots of
business
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seminars and workshops advertised. These may range from slightly fraudulent to genuinely educational and supportive and generally any information on setting up a
company
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is easily accessible for those who are willing. And willing they are, as a
business
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person, the image itself has a certain feeling of luxury, respectability and success.
People
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are being told that they have no limits and can easily become as wealthy as Steve Jobs if they wish it.
This
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first
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reason is linked to the
second
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, which is relevant for Russia and some other counties. Bank loans are accessible too, and they are largely eagerly granted. If a future
business
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person truly knows their
business
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, it poses no threat.
Nevertheless
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, easy access to setting up a
company
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for someone inexperienced or insensible may cause a range of problems. Apparently, the
first
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issue that may perplex an unskilled entrepreneur is the necessity to be a jack of all trades (if the
company
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is very small). Having taken the responsibilities of an accountant, PR or HR manager at the same time can be a burden and make the person wish they had never done it at all. If they hire other
people
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to perform these tasks, they must pay more taxes and provide their employees with decent working conditions. At the same time,
business
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is usually a risky matter and in our competitive ,reality many of them go bankrupt. And
last
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, but not least - self-employed
people
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are the only
people
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responsible for their own vacations, sick or maternity leaves or any job perks. So, in a nutshell, being your own master has many downsides, and
that is
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why many
people
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decide to play it safe.
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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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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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