nowadys many people choose to be self-employed, rather than to work for a company or organization.what might this be the case.what could be the disadvantages of being self-empolyed.

These days a

lot

of people tend to open up their own

business

even though it has their own challenges, people are more inclined towards becoming an entrepreneur and having ultimate control over the company than accepting to work under someone else.

Although

, working for someone can be difficult but I feel it has its own advantages. When a person decides to become self-employed it involves a number of reasons

such

as earning respect, being recognised in society, having a better future and a

lot

more. ,

however

Add a comma

,however

show examples

opening up one's own firm requires a huge investment and a

lot

of time and a person might not be able to get time off at their own will if they open up their own

business

.

Whereas

if they are working for someone they know even if they take a leave it will be paid and the company won't suffer without them. Apart from ,that not every person can be a good employer and not every

business

idea is successful. With a

lot

of people becoming influencers and self - employed there is a high rate of competition as for one type of product there are already thousands of competitors sitting in the market. New businesses

also

don't earn profit in the first few years because of

this

the families of the individuals

also

suffer. In conclusion, it is better if one decides to work for an employee as they know they will be paid for their work

also

they would not have to go through the stress which involves whether a

business

is earning a profit, hiring and a

lot

more.