Nowadays many people choose to be self-employed, rather than to work for a company or organization. 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.

In

this

contemporary epoch, a large number of workers prefer to work on their own rather than be hired by an employer, and

this

is largely explainable by

the

Change the word

its

show examples

many advantages of it.

However

,

this

also

may carry some downsides with it.

Thus

,

this

essay will be demonstrating the reason for that as well as my contention. On the one hand, being a freelancer gives the person flexible working hours as well as a fair paycheck. To illustrate, if an autonomous employee, who gets paid according to the number of designs that he finishes, spends more time doing tasks, he will

then

get more things done, and

thus

will increase his paycheck.

This

can be exemplified by many freelance websites

such

as Upwork and Freelancer, on which there are a plethora of software developers, graphic designers and translators who utilize it to earn money, and they benefit from the ease and profitability of the platform.

Hence

, working for one's own business does not only provide a convenient schedule but

also

enhances his salary.

On the other hand

, there are definitely some concerns when it comes to depending on oneself, one of which is job security.

In other words

, when an individual does not have a firm to work for, he faces the risks of the market alone, which may not be reliable from time to time.

Moreover

, if a month passes without enough customers, he may find himself without a satisfying salary. An eminent example of

this

is a CNN report about a family in Canada, which sells maple syrup, that has faced the risk of bankruptcy after all of its sales that were planned to be sold in Saudi Arabia have been cancelled due to a trade embargo.

As a result

, it can be said that having a family company can involve a myriad of risks. In conclusion, after

this

essay has manifested the abovementioned points, it can be reiterated that even though having a private business is advantageous, it is

also

not a guaranteed method to earn money.

However

, it is absolutely worthy in the right situation.