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Band 8

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?

#people #work #company #organization #be #case
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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
Fix the agreement mistake
reasons
show examples
, 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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, 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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.
Submitted by dwipur1105 on

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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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