*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?

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

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