These days majority of individuals decide to start their own business instead of working for a company or organization. There might be some reasons to being self-employed and also negative consequences of it.
The main causes that I believe why many people choose to run their own business rather than to work for other companies are that they want to have flexible working hours or because of modern technologies that provide an opportunity to work at their own. Firstly, many people in all likelihood prefer to be independent so that they can plan their working schedule how it is suitable for them and not to follow the rules that set by companies which probably will offer a chance to keep work-life balance as a lot of people find difficult to manage it working long hours in other organizations or companies. Secondly, thanks to state-of-the-art technologies human beings can work privately and establish their own business. For example, nowadays IT specialists may obviously leave the company that they work and do their job at home or in their office by advertising their work on the social media and get clients as well as earn even more money.
While there are decided reasons mentioned above, launching own business could be disadvantageous. To begin with, lack of experience and knowledge of some youngsters in the spare of running their own business can lead to difficulties in terms of solving problems and considering the wider implications of their actions. As a result, it is possible that they will go bankrupt and be in terrible predicament. Moreover, many companies provide health insurance and guarantee pension and other benefits but self-employed people should maintain these themselves which are not cheap and might also bring problems to them.
In conclusion, although flexibility in a work place and advanced technologies could be considered as contributors to this recent work shifting trend, it can also have negative impact on people’s business especially for young ones.
These days majority of individuals decide to
start
their
own
business
instead
of
working
for a
company
or organization. There might be
some
reasons to being self-employed and
also
negative
consequences of it.
The main causes that I believe why
many
people
choose to run their
own
business
rather
than to
work
for other
companies
are that they want to have flexible
working
hours or
because
of modern technologies that provide an opportunity to
work
at their
own
.
Firstly
,
many
people
in all likelihood prefer to be independent
so
that they can plan their
working
schedule how it is suitable for them and not to follow the
rules
that set by
companies
which
probably
will offer a chance to
keep
work-life balance as
a lot of
people
find difficult to manage it
working
long hours in other organizations or
companies
.
Secondly
, thanks to state-of-the-art technologies human beings can
work
privately
and establish their
own
business
.
For example
, nowadays IT specialists may
obviously
leave
the
company
that they
work
and do their job at home or in their office by advertising their
work
on the social media and
get
clients
as well
as earn even more money.
While there
are decided
reasons mentioned above, launching
own
business
could be disadvantageous. To
begin
with, lack of experience and knowledge of
some
youngsters in the spare of running their
own
business
can lead to difficulties in terms of solving problems and considering the wider implications of their actions.
As a result
, it is possible that they will go bankrupt and be in terrible predicament.
Moreover
,
many
companies
provide health insurance and guarantee pension and other benefits
but
self-employed
people
should maintain these themselves which are not
cheap
and might
also
bring problems to them.
In conclusion
, although flexibility in a
work
place and advanced technologies could
be considered
as contributors to this recent
work
shifting trend, it can
also
have
negative
impact on
people’s
business
especially
for young ones.