In the contemporary world everyone wants to become a boss of their own so it is a common aspiration among people to run their business rather than work for an employer. In this essay I intend to discuss advantage and disadvantage
To commence with, there are several important factor for adopting the businesses. Predominant one is that, policies taken by government for promoting the funding of small businesses. To explain it, In year 2020, eight startups a become unicorn. unicorn means when a startup evaluation become a 1 billion dollar. previous year 43 startup becomes unicorn and the tremendous growth of startup helps in growth of nation and their economy. Increased number of startups also act as a catalyst to making developing country to developed country. Also it have helpful getting job for youth who are unemployed
On the other hand, there are few disadvantages. First and foremost is that, decline in number of employee which works in MNCs. To explicate it, In 2022 many companies lost their employees which is under one quarter. Solution, mnc try to to hire more worker or employee and some try to adopt 3 day working policy
In my opinion, Run their own business is better than work under employee because you can't suffer from any peer pressure of submitting the assignment in sharp time
To conclude, Although own business have some benefits but we never forget the importance of labour because money and labour are just like two wheels of cycle without labour or employee we can't run the business. In this essay advantage overweight disadvantage.
In the contemporary world everyone wants to
become
a boss of their
own
so
it is a common aspiration among
people
to run their
business
rather
than work for an employer. In this essay I intend to discuss advantage and disadvantage
To commence with, there are several
important
factor
for adopting the
businesses
. Predominant one is that, policies taken by
government
for promoting the funding of
small
businesses
. To
explain
it, In year 2020, eight startups a
become
unicorn.
unicorn
means when a startup evaluation
become
a 1 billion
dollar
.
previous
year 43
startup
becomes
unicorn and the tremendous growth of startup
helps
in growth of nation and their economy. Increased number of startups
also
act as a catalyst to making
developing country
to
developed country
.
Also
it
have
helpful getting job for youth who are
unemployed
On the other hand
, there are few disadvantages.
First
and foremost is that, decline in number of
employee
which works in
MNCs
. To explicate it, In 2022
many
companies
lost their
employees
which is under one quarter. Solution,
mnc
try
to to
hire more worker or
employee
and
some
try to adopt 3 day working policy
In my opinion, Run their
own
business
is better than work under
employee
because
you can't suffer from any peer pressure of submitting the assignment in sharp time
To conclude
, Although
own
business
have
some
benefits
but
we never forget the importance of
labour
because
money and
labour
are
just
like two wheels of cycle without
labour
or
employee
we can't run the
business
. In this essay advantage overweight disadvantage.