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?

Presently, numerous people are becoming self-employed
instead
of working for someone else.
This
essay will discuss some possible reasons for
this
phenomenon, and
also
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
, one of the biggest automobile industries in Brazil is closing its doors, and a great number of employees will be fired.
Furthermore
, some individuals believe that by leaving their traditional jobs, they will have more opportunities to increase their budget.
For example
, 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
, there are
also
some downsides
in
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to
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being an entrepreneur. One of the
benefits
of being employed is because of the range of
benefits
and regulations to protect the worker. Once you decide to quit your job, you will lose all
benefits
.
For example
, you will not have healthcare insurance, or paid vacations anymore.
Additionally
, starting a new business is very complex. There are a lot of bureaucracy in
this
country, and taxes that will affect your results.
For instance
, approximately half of the income will be used to pay taxes and bills. In conclusion, being a self-employed person has become more
atractive
Correct your spelling
attractive
because of the absence of job opportunities, and
also
due to
personal economic issues.
Nevertheless
, there are some negative aspects as well,
such
as the worker
benefits
that will be lost, and all the complex bureaucracy of being an entrepreneur in
this
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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