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? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

People spend the majority of their time in their entire life and have different purposes to achieve. It used to be more common to work for an organization. ,
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however
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However
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there is a gradual change in
this
traditional trend with a growing interest in
self-employment
. I will examine some contributing factors and potential disadvantages that may be brought about by
this
change. There is a certain change in the current view toward work among many workforces. Being employed in a
company
used to be regarded as safe since the devoted commitment of
workers
to the organization allows them to gain prolonged employment and promotional opportunities.
As a result
, many employees desire to remain in the same
company
both for economic benefits and safety.
However
, many
workers
are now threatened by an unexpected bankruptcy and lay in the current stagnant economic situation.
For example
, Amazon, one of the biggest companies in the US, announced the layoff of a thousand
workers
without previous notice. The truth that working in a
company
is no longer safe than before is a primary reason for their transition to
self-employment
. Regardless of the growing shift toward
self-employment
,
workers
need to be aware of the potential risks that come with it. The biggest problem that troubles a
business
owner is the large amount of financial investment required to initiate a new
business
.
In addition
to
such
financial burden, there are a number of other difficulties that a
company
faces including hiring talented
workers
, their education, and advertising to spread its reputation. Being overwhelmed by loads of work and great responsibility, self-employed
business
often fails with only great loans left to pay back. In conclusion, while
self-employment
is a popular trend today, people should not ignore the fact that starting their own
business
often comes with great risks in both finance and management.
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    • Sentence 2 - Example
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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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