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Band 7.5

*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?

#*nowadays #people #work #company #organisation #*why #be #case #*what
In
this
 cutting-edge epoch, numerous individuals prefer to do
work
 in their own businesses
instead
 of in other companies.There are a plethora of reasons why a number of individuals prefer to be self-employed and various disadvantages of doing their own
business
 which will be discussed in the subsequent paragraphs. owing to numerous reasons people choose to be self-employed. The predominant one is that if people like to start their own
business
then
 they could manage their
work
according to
 their taste. In other ,companies they have to do
work
according to
 their boss. In
this
 modern era, no one wants to do
work
according to
 others' preferences. A survey conducted by the USA demonstrated that 64% of the masses started their own
business
 as they want to do
work
according to
 their choice.
Moreover
, workers can get good profits by doing their own
business
 ,but it would not be possible if they perform
work
 in other firms. They want to earn more
money
as well as
 they want to attain success after starting their
business
. A number of the pros are associated with
this
 trend which is crucial to be considered.
Firstly
, there could increase chances of loss if individuals commence their
business
. Whenever they start their
business
, they would have to invest a lot of
money
. After investing
money
 in a
business
 they could either acquire profit or loss. If they get lost
then
 they could not be able to survive as they would have already wasted their
money
. Which would not be worthwhile for them.
For instance
, in ,Australia 73% of the masses commenced their
business
 which they got a loss as they had less experience in performing
work
 in an effective way.
Secondly
, after investing
money
 in their
business
 they can get stress which would not be fruitful for their health. Ergo, it could lead to various health hazards. In conclusion, I reiterate that
due to
 a number of reasons people want to be self-employed
instead
 of doing
work
 in another firm, but it has various disadvantages of
this
 trend which cannot be overlooked
Submitted by MANJOT on

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