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

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In our century, most people choose to be self-employed and develop their own businesses, rather than waste time working in companies.
However
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, there are both pros and cons to deciding to do
this
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. In
this
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,essay we will discuss some reasons why private businesses are so popular and some of the challenges to be overcome.
Firstly
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, I would like to point out that the major factor of having your own business is the best way to do what you want and like.
For instance
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, if someone is good a florist and really loves flowers, as the result in his shops would come a plethora numbers of customers because
this
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shop was opening with soul and love. Another positive reason is the flexible working time. Businessmen may adjust their comfortable hours for themselves and spend their free time for their own leisure. Which may save from emotional burnout from overworking. Turning to the other side of the argument is a lot of disadvantages of to be self-employment. Considering what we know, it is fair to assume that one has to deal with the high cost and the little profit at the beginning. What I mean is that
this
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may include: the cost of the place, any materials or tools they would use and
also
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the responsibility for any loss.
This
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often leads to bankruptcy and closing the business. Another problem is that
furthermore
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, small businesses have to compete with large companies,
otherwise
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, these companies would deprive them of any success they seek. All things considered about self-employment. Personally, I believe that the benefits outweigh any negatives.
Submitted by karina.kravtsova97 on

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Topic Vocabulary:
  • Autonomy
  • Financial instability
  • Job security
  • Self-employed
  • Technological advancements
  • Digital marketing
  • Remote work tools
  • Work-life balance
  • Healthcare benefits
  • Retirement plans
  • Higher earnings
  • Personal passion
  • Flexibility
  • Workload
  • Stress levels
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