It is argued that most of the people in the competitive world desired to be an entrepreneur rather than employed another business or organisation. However, still some people are employed in a company. I will discuss the key factors that why people plan to be self-employment and the major drawbacks of it.
To start with, it is so difficult to get a job according to personal choice. However, self-employment assists people to work with their passions and increases the job availability in a country. For instance, Bangladesh bureau published a survey that, self-employment decreases the unemployment rate about 40 percent in 2017. Bangladesh government is greatly encouraged the young people to start self-business and they give loans for their business with low interest. 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 broad limits and can overcome the poverty by self-employment.
Apparently, an entrepreneur can face so many challenges in a business. More pressure created on the person who has the responsibilities as an accountant, PR or HR manager in a company or organisation. In addition, it is usually a risky matter and in competitive reality, many of them go bankrupt. Self-employed people also have less experience than others who work with many peers. So, self-employment has some barriers which required to overcome.
To sum up, at present time people plan to do something with their effort than to work as a subordinate. Self-employment has more advantages than disadvantages and self-employment should increase the economic stability of a country.
It
is argued
that most of the
people
in the competitive world desired to be an entrepreneur
rather
than employed another
business
or
organisation
.
However
,
still
some
people
are employed
in a
company
. I will discuss the key factors that why
people
plan to be self-employment and the major drawbacks of it.
To
start
with, it is
so
difficult to
get
a job according to personal choice.
However
, self-employment assists
people
to work with their passions and increases the job availability in a country.
For instance
, Bangladesh bureau published a survey that, self-employment decreases the unemployment rate about 40 percent in 2017. Bangladesh
government
is
greatly
encouraged the young
people
to
start
self-business and
they give loans for their
business
with low interest. 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 broad limits and can overcome the poverty by self-employment.
Apparently
, an entrepreneur can face
so
many
challenges in a
business
. More pressure created on the person who has the responsibilities as an accountant, PR or HR manager in a
company
or
organisation
.
In addition
, it is
usually
a risky matter and in competitive reality,
many
of them go bankrupt. Self-employed
people
also
have less experience than others who work with
many
peers.
So
, self-employment has
some
barriers which required to overcome.
To sum up, at present time
people
plan to do something with their effort than to work as a subordinate. Self-employment has more advantages than disadvantages and self-employment should increase the economic stability of a country.