It is argued that most of the people in the competitive world desired to be self-employment rather than employed another business or organisation. I will discuss the key factors that why people plan to be self-employment and the major drawbacks of it.
To begin, it is so difficult for people to get a job according to personal choice which related to their majors. The government greatly encourages the young people in self-employment by trained up and funding to start a company. For instance, one of my cousin trained up about poultry and start a poultry farm and become successful in his business. People can eliminate the limitation and can overcome the poverty by self-employment. However, self-employment assists people to work with their passions and increases the job availability in a country. After that the young people run their own corporation such as farming, poultry farm, and handicraft business etc. People are becoming more encourages when they get funding from the states. Hence, people can eliminate the limitation and can overcome the poverty by self-employment. Hence, people are becoming more interested to start their own business rather than employed another company.
On the other hand, self-employment people can face a number of challenges in their business. It is usually a risky matter because self-employment people have more responsibility in their business which is related to capital loss. If the self-employment people make much loss in their business than they can go bankrupt. Self-employment people should have knowledge about the perfect marketing strategy. If the people have not information about the demand of the market then they should fail to achieve their goals. Time management also plays a significant role to execute self-business.
To sum up, self-employment has more disadvantages than advantages. Because of, self-employment people required to work continuously to sustain their business. So, People should gather data about a business before to start to avoid possible difficulties.
It
is argued
that most of the
people
in the competitive world desired to be self-employment
rather
than employed another
business
or
organisation
. I will discuss the key factors that why
people
plan to be self-employment and the major drawbacks of it.
To
begin
, it is
so
difficult for
people
to
get
a job according to personal choice which related to their majors. The
government
greatly
encourages the young
people
in self-employment by trained up and funding to
start
a
company
.
For instance
, one of my cousin trained up about poultry and
start
a poultry farm and become successful in his
business
.
People
can eliminate the limitation and can overcome the poverty by self-employment.
However
, self-employment assists
people
to work with their passions and increases the job availability in a country. After that the young
people
run their
own
corporation such as farming, poultry farm, and handicraft
business
etc.
People
are becoming more encourages when they
get
funding from the states.
Hence
,
people
can eliminate the limitation and can overcome the poverty by self-employment.
Hence
,
people
are becoming more interested to
start
their
own
business
rather
than employed another
company
.
On the other hand
, self-employment
people
can face a number of challenges in their
business
. It is
usually
a risky matter
because
self-employment
people
have more responsibility in their
business
which
is related
to capital loss.
If
the self-employment
people
make
much loss in their
business
than they can go bankrupt. Self-employment
people
should have knowledge about the perfect marketing strategy. If the
people
have not information about the demand of the market then they should fail to achieve their goals. Time management
also
plays a significant role to execute self-business.
To sum up, self-employment has more disadvantages than advantages.
Because
of, self-employment
people
required to work
continuously
to sustain their
business
.
So
,
People
should gather data about a
business
before
to
start
to avoid possible difficulties.