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

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In recent years, several individuals have wanted to own their own businesses, rather than work for an organisation or firm. In
this
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essay, I will discuss the reasons for
this
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change,
as well as
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the potential drawbacks of being self-employed. These days owning a
business
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has become a trend. To put it another way, there could be two possible reasons for
this
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change.
Firstly
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, an individual can make more money than working for a company. The second reason could be a better lifestyle and more convenience than a hired employee.
For instance
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, my father is an IT professional working for an organisation and my uncle owns a supply chain
business
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. If we want to go out for a trip, my dad always has problems getting leave,
while
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my uncle can take leave anytime as he is the boss.
Hence
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, I believe that there are more benefits to being self-employed.
On the other hand
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, there could be some risks associated with owning a
business
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.
In other words
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,
business
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always has fluctuations in terms of cash flow, it totally depends on the company's sales. Even though a self-employed person can make a good amount of money, there is
also
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a possibility that they can make less money than an employed professional at some point. Other than
this
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,
business
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owners have to make endless sacrifices in their personal lives. A person has to add more time and effort than an employed professional for the well-functioning of the
business
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. To illustrate, as my uncle is self-employed, he is always worried about the smooth functioning of his
business
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and he is
also
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occupied during the weekends, which eventually has an effect on his family life. In conclusion, there are both pros and cons of being self-employed.
However
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, in my opinion, taking all the risks and owning a
business
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is totally worth, it because the advantages outweigh the disadvantages.
Submitted by brishjot999 on

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language
Consider using more varied sentence structures to enhance readability and engage the reader more effectively.
task achievement
Ensure all points are equally balanced with supporting details to maintain a well-rounded argument.
coherence cohesion
Try to use more transition words and phrases to guide the reader through your arguments in a smoother manner.
relevant specific examples
Strong use of personal examples to support main points, making the arguments relatable and clear.
complete response
The essay effectively addresses the task by discussing both reasons for and disadvantages of self-employment.
logical structure
Points are logically structured, making the essay easy to follow.
Topic Vocabulary:
  • entrepreneurship
  • freelancing
  • gig economy
  • flexible schedule
  • job market instability
  • financial independence
  • work-life balance
  • economic downturn
  • irregular income
  • employer-provided benefits
  • job security
  • passion projects
  • accounting
  • marketing
  • isolation
  • legal requirements
  • tax obligations
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