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

Over the years, members of the community prefer to take up their occupation with an organization.

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,

this

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choice has decreased dramatically in recent eras. Meanwhile, there are several factors

such

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as company inadequacies influencing people's cause of action. Analyzing the downside of going out of business with clarifying

this

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.

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with, most existing companies are now going out of business.

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,

as a result

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of the degradation in, the economy some businesses have been sold out to others while many of them are now in cooperation.

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unhealthy competition among organizations has not only affected the promotion of workers within the firm but has cost many their job.

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, the majority of individuals are forced to venture into private businesses.

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, as much as there are a bunch of benefits attached to self-employment, its demerit is much more prevalent.

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, a good number of privately owned firms are run by inexperienced bodies which have encouraged poor standards of production.

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, establishments are now losing skilled manpower.

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, a lot of individual-owned firms cannot go the extra mile but only end up becoming a liability to the community rather than a source of income. In summary, the poor commitment of companies to their policy of satisfying their workers is a pull factor for the general public opting into self-own businesses.

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, the current survey has related that many of them lack the technical know-how. In my opinion, before an organization gets off the ground it should be certified, to prevent challenges arising from unqualified management.