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

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Presently, numerous people are becoming self-employed
instead
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of working for someone else.
This
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essay will discuss some possible reasons for
this
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phenomenon, and
also
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the drawbacks of it. There are two main reasons why people are becoming more interested in self-employment. One of these is because of the lack of opportunities
at
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in
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the traditional market. It is well known that the country is facing a complex economic crisis, and the employment numbers are considerably low.
For instance
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, one of the biggest automobile industries in Brazil is closing its doors, and a great number of employees will be fired.
Furthermore
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, some individuals believe that by leaving their traditional jobs, they will have more opportunities to increase their budget.
For example
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, recently my best friend quit his job in a multinational company
,
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apply
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and started his own golf club.
However
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, there are
also
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some downsides
in
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to
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being an entrepreneur. One of the
benefits
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of being employed is because of the range of
benefits
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and regulations to protect the worker. Once you decide to quit your job, you will lose all
benefits
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.
For example
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, you will not have healthcare insurance, or paid vacations anymore.
Additionally
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, starting a new business is very complex. There are a lot of bureaucracy in
this
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country, and taxes that will affect your results.
For instance
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, approximately half of the income will be used to pay taxes and bills. In conclusion, being a self-employed person has become more
atractive
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attractive
because of the absence of job opportunities, and
also
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due to
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personal economic issues.
Nevertheless
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, there are some negative aspects as well,
such
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as the worker
benefits
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that will be lost, and all the complex bureaucracy of being an entrepreneur in
this
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country.
Submitted by lucasb7z on

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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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