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?

Most contemporary economies allow
such
a model of employment as being self-employed, which appears very tempting for many.
However
,
still
Add a comma
,still
show examples
the vast majority of
people
opt for being employed in a
company
and not to set up their own
business
.
This
essay will attempt to look into the key factors as to why
people
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
seminars and workshops advertised. These may range from slightly fraudulent to genuinely educational and supportive and generally any information on setting up a
company
is easily accessible for those who are willing. And willing they are, as a
business
person, the image itself has a certain feeling of luxury, respectability and success.
People
are being told that they have no limits and can easily become as wealthy as Steve Jobs if they wish it.
This
first
reason is linked to the
second
, which is relevant for Russia and some other counties. Bank loans are accessible too, and they are largely eagerly granted. If a future
business
person truly knows their
business
, it poses no threat.
Nevertheless
, easy access to setting up a
company
for someone inexperienced or insensible may cause a range of problems. Apparently, the
first
issue that may perplex an unskilled entrepreneur is the necessity to be a jack of all trades (if the
company
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
to perform these tasks, they must pay more taxes and provide their employees with decent working conditions. At the same time,
business
is usually a risky matter and in our competitive ,reality many of them go bankrupt. And
last
, but not least - self-employed
people
are the only
people
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
why many
people
decide to play it safe.
Submitted by kverma890 on

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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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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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