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?

#people #work #company #organisation #be #case

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In recent years, individuals have had a tendency to start their own businesses

instead

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of applying for a job to become an employee at work.

This

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essay will look at the primary cause of it and discuss the disadvantages of

this

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trend. One of the most evident reasons why people opt to start a startup is because

this

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action provides more job security. A good example of it is the labour market in 2020. Covid 19 hit a lot of companies hard, which forced them to lay off colossal numbers of white collars and blue collars.

Consequently

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, these employees found themselves out of the job and it was extremely challenging for them to find another occupation amid the pandemic.

By contrast

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, if people work for themselves, they are not at the mercy of any employers, making it easier for them to have stability in their lives.

However

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this

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phenomenon brings some drawbacks.

Firstly

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, a business owner might suffer from stress and anxiety. Specifically, growing a successful business under fierce competition is not easy

due to

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the fact it requires many factors, including effective marketing campaigns, product development, and customer satisfaction. All of

this

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can take its toll on a person’s mental health if they have to work alone.

Secondly

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, financial risks should be taken into consideration. To illustrate, self-employed people borrowing money from the bank have to bear the loan pressure or they may end up with unpayable debt, leading to bankruptcy. In conclusion, entrepreneurship can bring a sense of stability, but it

also

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causes burdens regarding distress and financial risks for entrepreneurs

Submitted by phamduchien711 on Fri Jun 09 2023

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Your opinion

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Don’t leave your opinion until the conclusion.

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...do you agree or disagree?...do you think...?...your opinion...?

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9
Linking words
meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 9.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

263 words

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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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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?

Your opinion

It is sometimes argued that too many students go to university, while others claim that a university education should be a universal right.

some people believe that taxing is best way to reduce the industrial pollution.While some suggest there are several other ways to solve this trouble. Discuss both the views and give you opinion.

Many people try to achieve success through their career or education. What can success mean to different people? What is your view of success?

Nowadays, a growing number of people with health problems are trying alternative medicines and treatments instead of visiting their usual doctor. Do you think this is a positive or a negative development?