Now a days many people choose to be self employed, rather than to work for a company or an organisation. Why might this be the case? What could be the disadvantages of self employment

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It is true to say that in
this
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contemporary era,
instead
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of pursuing traditional jobs, people opt to be self-employed. Independent work offers individuals the opportunity to have more control over their work, set their own schedules and potentially earn more income.
However
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, every coin has two sides,
while
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self-employment offers numerous benefits, it is important to acknowledge that it
also
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comes with certain drawbacks. To commence with, there are some disadvantages of freelance employment.
Firstly
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, every businessman wants to be a successful person in life. For success,
instead
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of spending some quality time with family, an employer solely focuses on work development. Which might be a reason for a relationship breakup. Studies have shown that in Australia the ratio of divorce cases has 50% increased from 2015 to 2022, and the majority of divorced couples were entrepreneurs. 
Secondly
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, working for oneself is
also
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very stressful, because as the business grows, the responsibilities increase. To elaborate, being self-employed means taking on all aspects of running a business, including administrative tasks, marketing, and financial management.
This
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can result in a heavy workload and increased responsibility.
Furthermore
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, unlike traditional jobs, sole proprietorship individuals typically do not have access to employee benefits
such
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as health insurance, superannuation, retirement plans or paid time off. They are responsible for managing these aspects on their own.
To Conclude
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, there are many cons to being one's own boss.
However
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, the pros generally overweigh the cons.
Overall
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, the advantages of self-employment often outweigh the disadvantages for those who are willing to navigate the challenges and seize the opportunities that come with being their own boss.
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