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?
It is now becoming a norm for a significant number of people to venture into entrepreneurship rather than working in multi-owned
business
sectors. Use synonyms
This
could be attributed to an individual craving for independence and having a reliable source of income which in the long run could be affected by risk-taking and managerial skills.
Linking Words
Firstly
, there is a rising number of people who want to be an entrepreneur because they want to be independent. Linking Words
This
means they do not want to work under the shadow of anyone, because they felt they won't be able to live a comfortable lifestyle. Linking Words
For instance
, it is easier for an individual with a private Linking Words
business
to choose the time when to open his shop and when to stay back if he falls sick which cannot be done Use synonyms
while
working for a public organisation. Linking Words
Secondly
, they have a reliable source of income. As opposed to working with a company, private owners have a steady source of income on a daily basis without the need of waiting for thirty days before getting paid. All these reasons make some people consider having their own Linking Words
business
rather than working where their fate would be decided by a particular body.
There are shortcomings attached to self-employment. They may have problems taking risky decisions which may be pivotal to upgrading their Use synonyms
business
. It is common among private owners to be scared of gambling because there would be no one to fall back on when it backfired, unlike companies where they have lots of support from different bodies and are fully insured in case of unforeseen circumstances. Use synonyms
Furthermore
, lone ownership sometimes lacks managerial skills. which means they find it difficult to oversee the affairs of a Linking Words
business
Use synonyms
due to
inexperience and Linking Words
this
can limit their growth. Linking Words
For example
, a new employer may not know how to manage his staff in a tense environment, a problem which rarely occurs with organisations and companies because they are loaded with staff that have the technical know-how. These factors may pose a great challenge to an entrepreneur.
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To conclude
, the rising number of Individuals dreaming of having their own businesses come with lots of reasons and demerits as given above, and is now left for them to weigh their options in other to decide whether to drop the idea or follow it.Linking Words
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Answer the 'Advantages and Disadvantages' topic
IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.
Answer structure for the type of essay
- Introduction
- Body paragraph 1 – advantages
- Body paragraph 2 – disadvantages
- Conclusion
Examples to start your body paragraph:
- The main advantage is...
- The disadvantage of this...
- The main benefit...
- Despite these advantages...
- One possible drawback...