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

#people #work #company #organization #be #case
Today, a lot of people engage in self-employment other than working for a company or an organization. There are many reasons to explain why it is trending among people as the perks outweigh the disadvantages. When you are self-employed, you become the boss of your own.
Therefore
, you do not have to work under anyone’s calls and it could alleviate a lot of pressure that one can get when working for an organization. Many companies are working towards a goal which is to earn profits and it has caught all the employees in a rat race that could make them feel overwhelmed. When you are a start-up of your own firm, you can work towards your own goals, in your own timeline. What is more important here is that you get to implement your own ideas without having to get approval from someone else.
Furthermore
, time adjustability is
also
 a benefit one can have.
However
, every rose has its thorns. Even though the idea of starting your own business is a fascinating idea, initiating the company would be very challenging because unless you find good investors you have to put a lot of your own money into the capital. By chance, if your company loses, you have to compensate it on your own and it could end up in bankruptcy in the worst-case scenarios. Sometimes, you may have to recruit new employees to carry out work when expanding your businesses.
Therefore
, you have to be responsible for the retention of your employees. In order to do so, you have to pay a good wager and give benefits like insurance and incentives which is an additional cost for you, which you will be able to afford only if you are getting good profits out of it. When you think of becoming an entrepreneur by starting your own organization, you have to have a thorough proposal and an action plan that could address all the difficulties that you face when implementing.
However
, it is always better to have a stable job and start
this
 as a side job until you stand on your own feet in your new business because of the risk of things going bad.
Submitted by Tharinee on

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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • self-employed
  • company
  • organization
  • freedom
  • independence
  • income potential
  • flexibility
  • working hours
  • working location
  • passions
  • interests
  • decision-making
  • business practices
  • disadvantages
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