All over the world many individual have different types of jobs and business. Numerous people choose to be self employed rather than working for the other organisations or firm. To begin with, a plethore number of people believe that being self-employed is the best choice this is because they might think that working for the other organisation or firm there should be more pressure, while doing their own business there is no pressure of any other person because "YOU ARE YOUR OWN BOSS". One can make their own decision and their is no profit sharing although in job there is a fixed salary for their work. As being self-employed have their own advantages but everything comes with pros and cons both, so being self-employed also have their own disadvantages, the first disadvantage of being self-employed is you have to deal with problems on your own, because you are the owner of the company than you are the decision maker on the basis of your decision there will be profit or loss and you have to bear all your losses also, although in the jobs there are many people to correct your mistakes and to lead you on right path and you don't have to bear for any losses. To add on the other disadvantage of being self-employed is it required lot of capital for doing your own business, if an individual takes a loan and invest that on doing business but what if the business does not work out properly and does not makes profit than he has to pay his debts from his own money, whereas in jobs there are not any risk involved an individual gets a fixed amount of salary on the monthly basis and they need not to pay for any losses of the organisation, if the organisation faces losses than also the firm has to give salary to their employees. To conclude, working for an organisation and being self-employed has their own advantages and disadvantages, one can choose according to their will and comfortness.
All over the world
many
individual have
different
types of
jobs
and
business
. Numerous
people
choose to be
self employed
rather
than working for the
other
organisations
or firm. To
begin
with, a
plethore
number of
people
believe that being self-employed is the best choice this is
because
they might
think
that working for the
other
organisation
or firm there should be more pressure, while doing their
own
business
there is no pressure of any
other
person
because
"
YOU ARE YOUR
OWN
BOSS
"
. One can
make
their
own
decision and
their
is no profit sharing although in
job
there is a
fixed
salary for their work. As being self-employed have their
own
advantages
but
everything
comes
with pros and cons both,
so
being self-employed
also
have their
own
disadvantages, the
first
disadvantage
of being self-employed is you
have to
deal with problems on your
own
,
because
you are the owner of the
company
than you are the decision maker on the basis of your decision there will be profit or
loss
and you
have to
bear all your
losses
also
, although in the
jobs
there are
many
people
to correct your mistakes and to lead you on right path and you don't
have to
bear for any
losses
. To
add
on the
other
disadvantage
of being self-employed is it required
lot of
capital for doing your
own
business
, if an individual takes a loan and invest that on doing
business
but
what if the
business
does not work out
properly
and does not
makes
profit than he
has to
pay his debts from his
own
money, whereas in
jobs
there are not any
risk
involved an individual
gets
a
fixed
amount of salary on the monthly
basis and
they need not
to pay
for any
losses
of the
organisation
, if the
organisation
faces
losses
than
also
the firm
has to
give salary to their employees.
To conclude
, working for an
organisation
and being self-employed has their
own
advantages and disadvantages, one can choose according to their will and
comfortness
.