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 disadvantage of being self-employed?
In
this
era, building their own business
is preferable for people
rather than being an employee in the company. People
have several benefits of making their own business
regarding income
, time, and ideas which might be fulfilled for them. However
, people
have to spend a lot of money to start a business
and they must be ready for failure. In this
essay, I will elaborate more below.
On the one hand, people
who build a business
could possibly have more income
than that working in a company. It is because they could apply some strategies to achieve the expected income
. They could realize their idea without intervention from others and they hold the decision in case of receiving suggestions from others. In addition
, flexible working hours would be reached if people
do not work in companies
in which the companies
usually have working schedules to be followed. For example
, employees are obliged to arrive at the companies
at 08.00 am which would have a punishment if they do not follow. This
condition is otherwise
with people
building their own businesses.
on the other hand
, business
is not only about success but also
people
who choose to be a businessman must have a strong mentality. It is because they have to handle their income
in case of getting failed. For example
, some companies
must cover their employee's salaries while
getting bankrupt. Furthermore
, if people
want to start a business
, they should prepare for the initial cost which is high. Some businessmen decide to borrow money from the bank in order to realize their business
. This
is not found that businesses do not run as an expectation; therefore
people
cannot handle their owe from the bank.
In conclusion, working as a self-employed would benefit due to
the flexibility in running the business
on any side. However
, the risk might occur higher than people
working in a company in terms of financial problems.Submitted by misstiasclassroom on
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