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Nowadays many people choose to be self-employed, rather than work for a company or organisation. Why might this be the case? What could be the disadvantages of being self-employed? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write at least 250 words

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

An increasing number of people today opt to work for themselves instead of looking for a job because of the income and lifestyle that self- employment may potentially provide. Smart people with ideas and initiative do not have to wait for a promotion at work and are free to implement their ideas as fast as they like while getting all the revenue their business receives for themselves. That means that some self-employed people earn significantly more money than those with similar experience working for a salary. Moreover, not having a boss means that people can choose their working hours and number of holidays, among other things. Not surprisingly, more and more people are leaving the safety of a salaried job to become self-employed. Despite the obvious appeal, being self-employed is riskier than working for someone else, from a financial perspective. As long as the company is operating, its employees are guaranteed a certain salary every month. Furthermore, in the UK and other developed countries, companies provide their staff with certain benefits, such as a pension, paid holidays, and sick leave, which are not available for the self-employed.

An increasing number of You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
This phrase/word (depending on the context) can be potentially replaced with :this day and agenowadays
today
 opt to work for themselves instead
 of looking for a job This phrase/word is too simple and can be replaced with:due to the factin light of the fact thatowing to the fact that
because
 of the income and lifestyle that self- employment may potentially
 provide. Smart You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 with This phrase/word (depending on the context) can be potentially replaced with :thoughtsconceptsnotions
ideas
 and initiative do not This phrase/word is too simple and can be replaced with:ought to
have to
 wait for a promotion at work and are free to implement their This phrase/word (depending on the context) can be potentially replaced with :thoughtsconceptsnotions
ideas
 as This phrase/word is too simple and can be replaced with:quickrapidswiftprompt
fast
 as they like while getting all the revenue their business receives for themselves. That means that This phrase/word is too simple and can be replaced with:a number of
some
 self-employed You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 earn significantly
 more money than those with similar experience working for a salary. Moreover
, not having a boss means that You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 can choose their working hours and number of holidays, among other things.

Not surprisingly
, more and more You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 are leaving the safety of a salaried job to become self-employed.

Despite the obvious appeal, being self-employed is riskier than working for someone else, from a financial perspective. As long as the This phrase/word (depending on the context) can be potentially replaced with :enterprisecorporation
company
 is operating, its employees are guaranteed
 a certain salary every month.

Furthermore
, in the UK and other This phrase/word (depending on the context) can be potentially replaced with :developed nationscountries with a strong economyindustrialized nation
developed countries
, This phrase/word (depending on the context) can be potentially replaced with :enterprisescorporations
companies
 provide their staff with certain benefits, such as a pension, paid holidays, and sick This phrase/word (depending on the context) can be potentially replaced with :depart
leave
, which are not available for the self-employed. 