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

In recent years, preferences for people regarding jobs have changed. Today, more people are opting to be self-employed rather than joining jobs in any organisation. There are a number of reasons for
this
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change and there are
also
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drawbacks of being an entrepreneur. Being self-employed provides independence to the owner.
This
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is because a person can focus on creativity and innovative ideas rather than completing the pre-assigned tasks which happen in jobs.
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,
this
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provides confidence in the owner and more focus on developing new ideas to impress the investors or clients.
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, as per the Forbes 2024 report, 70% of patents in the field of technology were submitted by an entrepreneur and only 30% by big or established organisations.
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, people get more work satisfaction in their own businesses.
Whereas
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, businesses
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have the drawback of failure risk.
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is because start-ups have a limited reputation in the market
,
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and, therefore
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therefore
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lack
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apply
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credibility among interested buyers.
Additionally
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, there is a lot of competition among these small upcoming start-ups and a lack of clients might
also
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lead to financial losses.
For instance
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, the global market reported that 30% of small-scale finance-based companies were shut down in New York in the year 2023
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bankruptcy. So, every entrepreneur has to assess benefit-risk prior to making projects. In conclusion,
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business owners have the freedom to work on their projects and focus on their interests, there would
also
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be a risk of failure involved.
Therefore
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planning each step in small or start-up businesses with a keen eye on the trends is very important.

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task achievement
Consider providing more detailed examples or explanations to further support your main points, particularly in the discussion about the benefits of being self-employed.
coherence and cohesion
Ensure a smoother transition between the points discussed. Linking phrases could enhance the flow of ideas.
coherence and cohesion
The essay has a clear structure with a defined introduction, body, and conclusion.
task achievement
You effectively highlighted both the benefits and drawbacks of self-employment, providing a balanced view.

Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...
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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