Nowadays many people choose to be self-employed, rather than to work for a company or organization. Why might this be the case?
What could be the disadvantages of being self-employed?

In contemporary times, numerous people decide to be a freelancer rather than to be employed by a company or organization. Especially, during the Covid-19 pandemic when many companies implemented a work-from-home approach and reduced employee’s salaries, a huge number of them chose to resign. The aim of
this
essay is to analyze the reasons why they chose to be self-employed and the disadvantages of being self-employed. Some people believe that being self-employed,
such
as a freelancer and a business owner, has more freedom and gets more money than being an employee, resulting in, them choosing to be their own boss.
On the contrary
, working on their own is not a bed of roses and has the following drawbacks. One of the disadvantages of being self-employed needs to take risks of inconstant income. They get unpredictable earnings at the same time they still need to pay bills and their living expenses.
For instance
, a programmer who gets paid job by job cannot seek a new project,
hence
, they have to manage and allocate their budget consciously and the worst case is spending from their saving account to pay for rental fees and food.
In addition
, someone chose to be self-employed to accomplish their dream whilst they didn’t realise that nothing guarantees their success and they have to establish everything from the start. It is universally accepted that being a business owner is not a piece of cake. It requires experiences and consideration in the same way of upbringing a baby. To illustrate, setting up a restaurant requires hiring staff, seeking suppliers, creating recipes, promoting the restaurant, buying furniture and so on. The owner must have relevant knowledge and attend to every detail.
However
, their business can go wrong whenever
due to
various factors. In conclusion, to achieve dreams and freedom, a large number of people prefer being a freelancer to an officer. Despite the fact that they will get fluctuating incomes and need to set up everything themselves.
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Topic Vocabulary:
  • self-employed
  • company
  • organization
  • freedom
  • independence
  • income potential
  • flexibility
  • working hours
  • working location
  • passions
  • interests
  • decision-making
  • business practices
  • disadvantages
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