Nowadays many people choose to be self- employed rather than to work for a company or organization. Why it might be the case? What could be the disadvantages if being self-employed?

Currently,there has been much discussion revolving around work because plenty of people prefer not to work for a company and they are keen on their own self business.In

this

essay, the causes for

this

will be elaborated on not only

this

but

also

the consequences of

this

for employees.

To begin

with, Nowadays, a figure of redundancy is in the majority because of inflation,debt and taxes.In

this

, so many individuals set up their own businesses in order to save their working careers. To illustrate

this

, take China as a clear example, the total of people who work in governmental institutions is a handful.

On the other hand

, the statistic of freelancers is on an upward trend owing to not being stuck in redundancy.

Moreover

, a lot of individuals do not like to commit to specific regulations

as well as

guidelines. Obviously, because they bond to their own plane and strategies merely.

For instance

,the U.S.A. is a clear example, what the employees did in order to meet their own plans was establish their own companies. Regarding the consequences of

this

strategy,the merits of

this

approach outweigh its demerits. To elucidate

this

, in the U.K., Prime Minister Mr Rushi said that I do not like to be alarmist,

however

,owing to inflation

in addition

to loan arrears the working hours will be up and the stipend will run down.

Therefore

,the public gets rid of so many companies because of the mentioned ordeal and they set up their own business. In

this

,

according to

foreseen experts, they pointed out that If

this

strategy is sustained, the economy will be prosperous and the number of employees will be in the minority in the U.K. . In a nutshell, after a thorough analysis of the aforementioned topic, it is predicted that there are so many reasons contributed people establish their own organisations.

As a result

, the advantages of

this

are far more disadvantages

according to

the given clarifications.