Nowadays people tend to have their own business because of the modern world. Why do they need this? What are the risks?
It has become common these days for
people
to establish jobs by themselves. I will say the main reasons why Use synonyms
this
should be done are to create employment for Linking Words
people
and challenge the government Use synonyms
sector
to sit up. Use synonyms
Besides
these, some risks that may arise are monopoly and lack of job security for employees in the private Linking Words
sector
.
Use synonyms
To begin
with, the commonest need Linking Words
that is
fulfilled in operating Linking Words
privately
owned firm is an avenue for employment. These days, it has increasingly become difficult for Correct article usage
a privately
people
to acquire jobs even with the right qualifications. Use synonyms
This
is because there aren't too many vacancies in the public Linking Words
sector
some of which were established several years ago to serve very few populations. Now, our numbers on the globe have increased beyond what existing businesses can offer. Use synonyms
Hence
, capable Linking Words
people
make it a point to start a business by themselves, in the beginning as a means of livelihood for themselves but eventually serve to employ others in the community. Use synonyms
Also
, in the past, most government firm employees had very poor interpersonal relationships and showed less professionalism towards their clients. Linking Words
This
generated a lot of bureaucracy and long queues at various places. With the establishment of private businesses, the public Linking Words
sector
is being forced to sit up as they now have competitors. Use synonyms
This
is because private businesses thrive on income generated to run. With Linking Words
this
in mind, they work hard to offer quality services to their customers in order to keep them and Linking Words
also
for recommendations. By so doing, a malfunctioning public firm will gradually lose its clients to the one-man companies.
Linking Words
However
, one risk that comes with privately owned companies is monopoly. Some of these facilities are established with the sole aim of making a profit and will do anything to exploit Linking Words
its
customers for money. Correct pronoun usage
their
For instance
, most private hospitals in Ghana instruct the employed doctors to request some fundamental labs for every patient who visits the institution whether or not those labs are needed just so they make more money. Linking Words
This
obviously is not fair to the patients. Another risk that may arise is, that most of their employees do not have job security. Linking Words
For example
, Taco By Night Restaurant keeps changing the workers because the employer says familiarity breeds contempt and it's a thing she wouldn't want to brood at her workplace.
Linking Words
To sum up
, self-owned firms are necessary to help with the employment situation in a country and Linking Words
also
create competition for the government Linking Words
sector
. Despite these, these firms are not devoid of risks like monopoly.Use synonyms
Submitted by nmaureen03 on
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