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 the disadvantages of being self-employed?

In the modern century, many individuals decide to be self-employed

instead

of working for a company or organization. Actually, entrepreneurs want to improve their financial situation and have more growth opportunities.

However

,

this

can lead to many issues for them

such

as high responsibility, stress and enhanced financial risks.

To begin

with, the idea of having a small business is becoming popular year by year for several reasons.

Firstly

, innovators have the idea that small companies can provide high salaries and improve financial stability,

additionally

giving more developing opportunities with less time.

For instance

, a company worker might be earning 500 US dollars

while

the individual businessman can make more than 1500$ in the first months.

Furthermore

, there is no limit to expanding and creating an organization in the future,

also

it provides flexible working hours and work-life balance,

to

Change preposition

due to

show examples

the lack of bosses that demand to work a certain amount of time.

On the other hand

, job individualism has some demerits that might deteriorate situations with finances and health problems. In the

beginning

Add a comma

,beginning

show examples

businessperson needs to take risks and buy a lot of things and spend loads of money,

moreover

, if they fail, they will lose all their wealth monumentally.

In addition

, self-employed persons bear full responsibility for the success or failure of the company, being stressed all the time.

Consequently

, high levels of stress may create physiological and mental problems.

For instance

, the National University of Health in London in the research concluded that individual entrepreneurs have higher levels of depression and stress level than corporation workers.

To conclude

, being self-employed provides convenience and many advantages, but can contribute to many problems and worsen the situation.