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*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?

#*nowadays #people #work #company #organisation #*why #be #case #*what
In the recent modern world, the number of young
people
 who choose to start their own businesses has been rapidly increasing. There are a couple of important reasons for
this
 phenomenon,
such
 as the advent of the internet and subsequent
society
Replace the word
societal
show examples
 structure changes.
However
, there are some critical drawbacks of self-employment. I would like to list them in
this
 essay. The most significant reason for the
above mentioned
Add a hyphen
above-mentioned
show examples
 trend is the introduction of the internet and the
digitizaiton
Correct your spelling
digitisation
 of society. Owning to the
availabity
Correct your spelling
availability
 of digital
insfrastructure
Correct your spelling
infrastructure
 at a reasonable cost, even new graduates from universities without much investment money can relatively easily start their own
business
.
For example
, a small
venture
 company can compete with
national
Add an article
a national
the national
show examples
 brand if
their
Correct pronoun usage
its
show examples
 products had a significant competitive edge in the digital market environment. The
second
 reason is the volatility of
the
Correct article usage
apply
show examples
society as a whole.
For instance
, under the huge influence of the recent pandemic and the war, the market is becoming more and more unstable and many young
people
 are struggling to find good careers at large organizations. Some of these
people
 have decided to start their own
buisnesses
Correct your spelling
businesses
instead
 of depending on established companies. These are a few most prominent reasons.
However
, becoming
self-employers
Correct article usage
a self-employers
show examples
 has its critical risks.
First
 of all, only a small percentage of
venture
 businesses
survives
Correct subject-verb agreement
survive
show examples
 more than three years. Once failed, the
owners
 of the
business
 not only
loose
Correct your spelling
lose
show examples
 income but owe a significant amount of investment borrowed from banks and stakeholders.
Moreover
, even if the
business
 continued, small
venture
captal
Correct your spelling
capital
owners
 are constantly under the pressure to continuously grow
business
Correct article usage
the business
show examples
.
For instance
, in Japan, 95% of corporations are categorized as small
business
Fix the agreement mistake
businesses
show examples
 and their
owners
 tend to work seven days a week, under
the
Correct article usage
apply
show examples
huge pressure and
it
Correct pronoun usage
which
show examples
 is not good for their health. In conclusion, due to the change
of
Change preposition
in
show examples
societal
Replace the word
social
show examples
 structure changes, the number of
self-emplyeed
Correct your spelling
self-employed
people
are
Correct subject-verb agreement
is
show examples
 continuously increasing.
On the other hand
,
a
Correct article usage
apply
show examples
huge growth
of
Change preposition
in
show examples
 the
venture
business
 is a rarity and a majority of
venture
 company
owners
 are facing significant risks and pressures.
Submitted by michima2011 on

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