Nowadays many people choose to be self-employed, rather than to work for a company or orgainsation. why might this be the case? what could be the disadvantages of self-employed?

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These days, most of the
people
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are choosing to be self-employed rather than working for an organisation.
Although
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this
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may have advantages,
such
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as flexible working hours and a comfortable
work
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environment, it can
also
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have drawbacks
such
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as financial loss and low success rate. In
this
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essay, I will discuss what I consider to be the benefits and drawbacks of self-employment.
To begin
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with, self-employment can be beneficial in two ways. First of all, no fixed working hours.
People
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can choose to
work
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on their own time rather than following the fixed schedule set by the organisation. It is very beneficial for working mothers,
for instance
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, they can take care of their children
as well as
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earn money and share the financial responsibilities of their family. Another major benefit is,
people
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can take their own decisions and
work
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independently. Employees working in a large organisation have to take orders from their supervisors and
work
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accordingly
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and they may not be given a chance to take part in important discussions, which is disliked by most of them.
Therefore
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,
people
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tend to leave their jobs and
work
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independently by creating a comfortable working environment for themselves. There are,
however
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, some drawbacks in choosing to be self-employed.
Firstly
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, no fixed salary.
This
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means there is no fixed income and earnings totally depend on the amount of
work
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done.
For example
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, a self-employed graphic designer may not earn the same amount of money every month, it will vary based on the
work
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done per month.
Secondly
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, there is less chance of success. It will involve a lot of hard
work
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and experience to gain clients without a brand name.
For instance
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, reputed companies have more clients because of their brand name and prior experience,
whereas
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it's difficult to acquire a deal from clients independently. In conclusion, choosing to be self-employed can be beneficial in providing flexible working hours and a comfortable
work
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environment, despite the potential problems in terms of money and success rate. As long as the individual is aware of their future direction, self-employment can be extremely beneficial.
Submitted by shravanisriramoju on

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