A number of people in present times are more interested in becoming entrepreneurs instead of working for a company or an organisation. This may be due to many reasons like better income, no pressure from higher authorities etcetera.
To begin with, there are a lot of perks of being a self-employed person. For example, they do not have any deadlines, work pressure and they do not have to maintain a tight schedule. Entrepreneurs can fix their own time and timetable and they can do work how ever they want from home or while travelling whereas, employees working for a multinational company should follow a strict timetable and rules of the organisation, they may have to work extra hours if they are asked to do so and they do not even granted holidays when needed. Moreover, they have low income as compared to the people who do their own business.
On the other hand, there are equal number of diasadvantages of being self-employed person like they have to invest huge amounts of money to start a business or to buy the goods needed to establish a small scale company on their own. And they have to take risks as their growth is based on many factors and if the business is declining they may have to face losses and even worse someone people fall into financial crisis. In addition to this, entrepreneurs do not have job security as the employers of a company has.
In conclusion, increasing number of people are showing their interest in starting their own business as it has many advantages which outweigh the disadvantages and manyo other still prefer working for a company
A number of
people
in present times are more interested in becoming entrepreneurs
instead
of working for a
company
or an
organisation
. This may be due to
many
reasons like better income, no pressure from higher
authorities
etcetera.
To
begin
with, there are
a lot of
perks of being a self-employed person.
For example
, they do not have any deadlines, work
pressure and
they do not
have to
maintain a tight schedule. Entrepreneurs can
fix
their
own
time and
timetable and
they can do work
how ever
they want from home or while travelling whereas, employees working for a multinational
company
should follow a strict timetable and
rules
of the
organisation
, they may
have to
work extra hours if they
are asked
to do
so and
they do not even
granted
holidays when needed.
Moreover
, they have low income as compared to the
people
who do their
own
business.
On the other hand
, there are equal number of
diasadvantages
of being self-employed person like they
have to
invest huge amounts of money to
start
a business or to
buy
the
goods
needed to establish a
small
scale
company
on their
own
. And they
have to
take
risks
as their growth
is based
on
many
factors and if the business is declining they may
have to
face losses and even worse someone
people
fall into financial crisis.
In addition
to this, entrepreneurs do not have job security as the employers of a
company
has.
In conclusion
, increasing number of
people
are showing their interest in starting their
own
business as it has
many
advantages which outweigh the disadvantages and
manyo
other
still
prefer working for a
company