Some people prefer to be self-employed, whereas others like working for companies or institutions. Discuss the advantages and disadvantages of both approaches. Which do you think is a better approach?

Many people prefer to have their own businesses

while

some of them want to have

fix

Replace the word

fixed

show examples

wages from companies. Both of them have benefits and drawbacks. I believe that it depends on the individual's approach to their lives and they can choose between them. I will discuss these two in my essay. It is worth expressing

this

idea that self-employment jobs are

independence

Replace the word

independent

show examples

, they have free work hours and due

this

Change preposition

to this

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fact they would be able to have their vacation whenever they want. the personal schedule will be an option for them.

However

, it has drawbacks too

such

as starting a new company or start-up requires a huge amount of money. They might face risks too. If they make mistakes, the consequences are just for them and it may cost them financially and

also

mentally.

On the other hand

, a population who has a fixed salary gets a month-end wage. they can plan for it daily and invest their money in the bank account without stress. It will be a perfect choice for people who want calm conditions during their lifetime.

Therefore

,

they

Correct word choice

if they

show examples

have fixed wealth

at the end

of the year, they would not be able to have extra earnings for an unpredictable situation without suitable insurance from their employers. In conclusion, self-employment has benefits and flexible timing

while

working for government or companies has risk-free income

along with

limitations. It is completely to the person who can decide the type of their own life. In my opinion, both are suitable

according to

the personal needs of the individuals.