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

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Currently, many
people
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prefer to establish a
business
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than to have a job for a
company
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. In my opinion, there are some reasons why they decide to do that.
However
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, it
also
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has consequences regarding
this
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issue. In
this
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era,
people
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are determined to have a
business
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on their own, because of economic and job satisfaction considerations.
Firstly
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, for economic
reason
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reasons

It seems that reason may not agree in number with other words in this phrase.

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, all of the gains produced by the
company
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will be directly managed by the owner, whilst an employee just receives a very small portion of the
company
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’s profit.
Secondly
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, for satisfaction at work reason, becoming an employee makes someone have to follow the employer’s rules even if it is not aligned with their will. In fact, some
people
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can become the leader of their organization, so it will be managed by their own rules. It
also
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raises the sense of belonging to the
company
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and has more motivation to improve the
business
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to make it more profitable in the future. To put some consideration of the previous argument, there are
also
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some drawbacks if
people
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choose to become entrepreneurs. The hardest part is when they want to improve their
business
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, they will need a big sum of money. Meanwhile, every
company
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is struggling to settle down the
business
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, especially in the early stage. Not rarely, they need months to years to
finally
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just book a slight margin profit.
Furthermore
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, if the
company
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takes a high loss, it will
also
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affect the personal asset of the
business
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owner.
For instance
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, so many startups collapse in the
first
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3 years since they were founded. It happened because the investors decided not to fund the
business
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that did not generate any income for some period of time.
Moreover
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, not every person has the talent to become a businessman and a great manager, one needs many years of experience and knowledge to become successful in a certain area. To sum up, if some
people
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choose to be self-employed than work for another
company
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It is important to use synonyms in your writing, as you will lose marks if you repeat words from the question and use the same words in your essay over and over. If you do that, it will show the examiner that you have a limited vocabulary and you want to do the opposite for a high band score.

, they need to measure their capabilities in order to deal with any difficulties in the future. It takes many considerations to calculate based on cost and benefit factors to establish a
business
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It is important to use synonyms in your writing, as you will lose marks if you repeat words from the question and use the same words in your essay over and over. If you do that, it will show the examiner that you have a limited vocabulary and you want to do the opposite for a high band score.

.

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Topic Vocabulary:
  • self-employed
  • company
  • organization
  • freedom
  • independence
  • income potential
  • flexibility
  • working hours
  • working location
  • passions
  • interests
  • decision-making
  • business practices
  • disadvantages
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