Nowdays many people choose to be self-employed rather than to work for a company or organisation why might be the case ? what could be the disadvantages of being self-employed ?

In the

last

decade , the way business is done has changed dramatically . Recently a growing number of individuals prefer to set up their own

firm

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firms

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instead

of being employees of someone else. Is

this

development positive , or there are more drawbacks than advantages ? In

this

, essay I will explore both the pros and cons of being self-employed and try to draw some conclusions. I will start by looking at the advantages , one of the major plus points of being your own boss is the flexibility that you gain from it .

For example

, People could work whenever they want in accordance with the timetable they set for themselves because they have the ability to decide when is the best time to work .

In addition

, having your firm will give you the chance to spend more time with your family . As a ,result the family members will have strong relationships with each other .

On the other hand

, lack of communication and interaction with colleagues is considered to be one of the negative aspects of self-employment .

For instance

, owning a company might limit your interaction with others and

instead

of running meetings and discussing work ,issues you will hire someone to do it on your behalf .

Moreover

, most companies encounter a huge number of complications, to give a clear example , they have to pay taxes to the government which is the owner's task and many ,people find it very depressing and

therefore

they suffer from stress.

To sum up

, having your own job as a source of income has

a

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negative and positive aspects . Personally, I believe that it is important to encourage people to be financially independent as

this

will enable them to live a better life .