Nowdays 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?

Numerous
people
choose to be self-employed
instead
of working for a
company
because
this
can generate income and increase the flexibility of their working time and location. Other workers argue that being self-employed can increase the risk of getting less income than working for a
company
if the
business
doesn'
t
make
much
Change the quantifier
many
show examples
profits
Fix the agreement mistake
profit
show examples
. Working for yourself means that you are the owner of the
business
. As the owner,
people
get all the
profits
after deducting the cost including the rent of the office, electricity and water bills and stationery. Without sharing the
profits
with employers and other co-workers,
people
can improve their income when their
business
goes well which is essential to a country's economic growth. Huge
profits
from being self-employed attract more
people
to choose to
work
on their own rather than for an organization. Another reason is that
people
can enjoy greater flexibility in working hours and location. When
people
don'
t
work
for the employer, they don'
t
have to worry about following the fixed timetable and working hours on a weekly basis. Self-employees may be able to decide when to start a day.
For example
, if
people
work
for international
business
trade, she/he could choose to
work
in the afternoon or evening to comply with the cooperator's or customers' time zone which can increase the number of trade and provide better customer service. Considering the working location,
people
could
work
in a cafe, at home rather than in the office all the time which can help them develop a creative mindset.
For example
, self-employees who
work
as clothes designers need to have innovative and creative ideas for clothes. Sitting in the cafe and observing what
people
wear might potentially give designers insight into what they should draw on their sketchbooks which may actually pave the way
of
Change preposition
for
show examples
their careers. One of the disadvantages of being self-employed is that if the
business
doesn'
t
operate smoothly, the owner may lose money or even go bankrupt. It's a higher risk to run your own
business
than to
work
as an employee.
People
can get a salary based on their contract when they
work
for a
company
. Even though the productivity and profitability of the
company
have dropped,
people
can still get paid. On the opposite, if they are self-employed, they won'
t
be able to get paid.
Submitted by linxinger46 on

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Topic Vocabulary:
  • Flexibility
  • Autonomy
  • Work-life integration
  • Increased control
  • Fluctuating earnings
  • Administrative tasks
  • Marketing and financial management
  • Potential isolation
  • Social interaction
  • Disconnectedness
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