essay on disadvantages of self employment

IELTS Charlie

Your Guide to IELTS Band 7

IELTS Model Essay: Self Employment

This week’s IELTS model essay is one of my favourite tasks! It’s on the topic of self employment:

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

Cambridge IELTS Academic 14 Test 4

In effect, this is an ‘advantages – disadvantages’ essay in disguise! The first question ‘why might be the case’ is really asking you for the advantages of self-employment. People choose to be self-employed because there are advantages.

So I think the question could be worded like this:

Nowadays many people choose to be self-employed, rather than to work for a company or organisation. What could be the advantages and disadvantages of being self-employed?

If you find it difficult to generate ideas for this task , you can simply search online for “advantages and disadvantages of self employment”. You will get lots of ideas! Here are some interesting articles:

https://www.nutcache.com/blog/self-employed-worker-advantages-disadvantages/
https://freelancinghacks.com/advantages-and-disadvantages-of-being-self-employed/

It’s probably a good idea to include some comparisons between self-employment and working for a company, because the topic isn’t only about self-employment: it includes the phrase “ rather than to work for a company or organisation” . So some comparative language is useful, and will increase your range of vocabulary too.

Reasons why (advantages)

Potentially higher earnings

may only get a small annual pay increase
self-employment: working harder can mean big financial rewards
don’t have to do what your boss tells you to do
e.g. make your own decisions
more flexibility with working hours / work

Disadvantages

Greater risk

no guaranteed income in self employment
employed people get regular pay
problem if you have mortgage
difficult to take holidays, may have to work weekends / evenings
working for someone else usually has fixed hours, finish by 5pm

This essay is quite long, so I decided to split my essay into four body paragraphs . This will make it easier for my reader to see the structure of my essay.

There seems to be a growing trend of people around the world choosing to be self-employed rather than to work for a company. This essay will consider the reasons for this as well as the drawbacks of working for yourself.

One of the main attractions of self-employment is the opportunity for higher earnings than you might receive when working for a company. In the latter, salaries are determined by your boss and increases are often limited, regardless of how hard you work. If you work hard as a self-employed person, the financial rewards are potentially unlimited, especially with online businesses. For example, using social media advertising can allow a solopreneur to rapidly increase sales.

But money is, for many people, not the main incentive of working for oneself. Instead, it’s the sense of autonomy you receive. You no longer have to do what your line manager tells you to do; instead, you can make your own decisions. This allows you to enjoy greater flexibility over things like working hours and the kind of work you do.

However, there are drawbacks to self employment. Firstly, there might be considerable financial risk. There is no guarantee of income, unlike those who receive regular pay cheques from their boss, and it’s not unusual to see new small businesses fail due to a lack of money. This is quite daunting for people who have regular expenses such as a mortgage, and so many people prefer the safety afforded to them by working for someone else.

Additionally, working for yourself will usually entail working long hours, sometimes at weekends and in the evening, leaving little time for the kind of recreation time enjoyed by workers who simply stop work at around 5pm. Furthermore, it may be difficult to take holidays if you work for yourself, so the work-life balance for self-employed people can be a problem.

In short, self-employment isn’t for everyone. There are clear drawbacks related to money and time, but for many people, the attraction of greater success and satisfaction is worth the risk.

(341 words)

I hope you found my essay useful. Please share it my clicking on one of the links below, and please add any comments you have about it.

Privacy Overview

Discover the 7 STEPS to BAND 7 in IELTS Writing Task 2

IELTS Advantages and Disadvantages Essay

This essay provides a plan and model response for an advantages and disadvantages essay in your writing paper.

Essay question:

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

Why might this be the case?

What could be the disadvantages of being self-employed?

My initial ideas:

Advantages-

You can create your own schedule
You can dictate your own pay
You can travel with work
You can experience a wider variety of work
You’re in control
You can expand and personalise your skill set and knowledge base

Disadvantages-

It may not be consistently financially successful
There may be periods of unemployment
You are responsible for your income
You are competing with many others
It may feel lonely

Essay structure

Introduction

Paraphrase the question

Outline main ideas

State opinion (if required)

Main body paragraph 1- Advantage

Topic sentence- example

Explanation- explain the benefits/advantages

Consequence- state the result

Main body paragraph 2- Disadvantage

Explanation- explain the problems/disadvantages

Summarise key points

Loop back to beginning

Many people nowadays are opting to work for themselves, rather than for a company. There is a more palpable shift towards self-employment and a greater detachment from more traditional working structures. This essay will demonstrate how self-employment can lead to financial freedom and more flexibility of one’s output, but it will also show how financial freedom can be risky and the idea of creative flexibility can be illusionary. Whilst acknowledging the drawbacks, this essay will argue how the advantages of self-employment outweigh the disadvantages.

One clear benefit of working for one’s self, is the possibility of financial freedom and creative autonomy. By being self-employed, one has the room to create your own salary. Rather than being hemmed in by a fixed monthly amount, a person working for themselves can exceed this and create a salary that is reflective of their work and one that does not impede them by wider company policy. Although some people can see pay rises, this is seldom seen in many industries and despite the extra hours people work, their pay quickly hits a ceiling. Whereas, self-employment means you are not determined by someone else’s view of what you should be paid. As well as this, someone who is self-employed has more creative control. This is highly important as being passionate about what you do should be a key characteristic with any job. By having more creative control, we can determine what we produce and the effect we want it to have. Therefore, we are in control and can enjoy the work we ultimately decide to produce.

On the other hand, there are obvious disadvantages to being self-employed. Firstly, it can involve some financial risk where each month does not necessarily look financially the same. There may be dips and troughs where the individual is learning less than the previous month. This could seep into other aspects of their life and make certain things difficult, such as paying bills. Secondly, having to be constantly creative can be more difficult than perceived and its reality not as utopian as it may seem. For example, if someone is starting their own business or creating a course, the sole creative output rests on their shoulders and this can be difficult to routinely produce, rather than having a brief to fill which is passed down from a senior or fellow colleague.

In conclusion, whilst there are disadvantages to being self-employed, I believe the potential possibilities and benefits of being self-employed outweigh working for a company. Whilst working for a company is preferred by some, the working world is shifting to a model that is more innovative, creative and less reliant on the traditional ways of work.

word count- 446

Sign up for more like this.

16 Advantages and Disadvantages of Self-Employment

Self-employment has become increasingly popular in recent times, as more people are choosing to become self-employed and work for themselves.

This article will explore the many advantages and disadvantages of self-employment, and shed light on what it means to be self-employed.

Redaction Team
September 22, 2023
Entrepreneurial Ecosystem , Entrepreneurship

Advantages of Self-Employment

Autonomy and Control : Self-employed individuals have full control over their work, including the ability to make decisions about the business, its direction, and how work is performed.
Flexibility : Self-employment often allows for greater flexibility in terms of work hours and location. You can set your own schedule and work from home or other preferred locations.
Income Potential : Self-employed individuals have the potential to earn more money, as they can directly benefit from their efforts, expertise, and business growth.
Variety of Work : Many self-employed people have the opportunity to work on diverse projects, which can keep the work interesting and challenging.
Tax Benefits : Self-employed individuals may have access to tax benefits and deductions that are not available to traditional employees, potentially reducing their overall tax liability.
Personal Fulfillment : Self-employment allows individuals to pursue their passions and interests, which can lead to greater personal fulfillment and satisfaction with their work.
Creativity : Entrepreneurs and freelancers often have the freedom to be creative and innovative in their work, developing unique products or services.
Building Equity : If you own a business, you have the opportunity to build equity in your company, which can be a valuable asset over time.

Disadvantages of Self-Employment

Financial Risk : Self-employment can be financially risky, as income can be irregular and unpredictable. There may also be significant upfront costs to start a business.
Lack of Benefits : Unlike traditional employees, self-employed individuals typically do not receive benefits such as health insurance, retirement plans, or paid time off unless they arrange for these independently.
Administrative Burden : Self-employment often involves administrative tasks like bookkeeping, tax filing, and business management, which can be time-consuming and challenging.
Isolation : Working independently can lead to feelings of isolation and loneliness, especially for those who miss the social interaction found in traditional workplaces.
Inconsistent Income : The income of self-employed individuals can vary greatly from month to month or year to year, making it difficult to budget and plan for the future.
Lack of Job Security : Self-employed individuals do not have the job security that comes with traditional employment, as they are dependent on their ability to generate income.
Limited Benefits : Access to benefits like health insurance and retirement plans may be more expensive and limited for self-employed individuals compared to those offered by employers.
Work-Life Balance : Achieving a work-life balance can be challenging for self-employed individuals, as they may find it difficult to switch off from work or set clear boundaries.

Advantages of Being Self-Employed

One of the biggest advantages of self-employment is the freedom it provides. When you are self-employed, you have the autonomy to make your own decisions and chart your own course. You are the business owner, and you have the final say in everything. This level of control and independence can be incredibly empowering.

Another benefit of self-employment is the flexibility it offers. Most self-employed individuals have the option to work from home or set their own working hours. This means you can create a schedule that suits your lifestyle and enables you to work when you are most productive. Whether you are a morning person or a night owl, being self-employed allows you to work at your own pace.

In addition to flexibility, self-employment can also provide job satisfaction. When you are self-employed, you have the opportunity to work on projects that truly interest you and align with your passions. You are not bound by the demands of a traditional 9-to-5 job and can pursue work that fulfills you on a deeper level.

Self-employment also allows you to take advantage of various tax deductions and benefits. As a self-employed worker, you can deduct business expenses such as office supplies, equipment, and even a portion of your home if you have a dedicated workspace. These deductions can significantly reduce your tax burden and ultimately save you money.

Disadvantages of Being Self-Employed

While there are many advantages to self-employment, it is important to acknowledge the disadvantages as well. One of the main challenges faced by self-employed individuals is the long hours they often have to work. When you are your own boss, there is no set schedule or clocking out at the end of the day. You are responsible for the success of your business, which often requires putting in extra hours.

Another disadvantage of self-employment is the lack of stability and security compared to being a salaried employee. As a self-employed individual, your income can fluctuate greatly from month to month, and there is no guarantee of a steady paycheck. This uncertainty can be stressful and requires careful financial planning and budgeting.

Self-employment also requires a certain level of entrepreneurial spirit and business acumen. You need to have a solid business plan in place and understand how to market your services effectively. Without these skills, it can be challenging to attract clients and generate consistent income.

It is also worth mentioning that self-employment can be isolating, especially for freelancers who work alone. The lack of social interaction and camaraderie that comes with being part of a team can be a lonely experience for some individuals.

Conclusion of Advantages and Disadvantages of Self Employment

In conclusion, self-employment offers numerous advantages and disadvantages. It provides freedom, flexibility, and the ability to work on projects that you are truly passionate about. However, it also requires hard work, long hours, and financial uncertainty. Before deciding to become self-employed, it is important to carefully consider these pros and cons and evaluate whether self-employment is the right path for you.

From Hobbyist to Entrepreneur How to Turn Your Passion Projects into Profit

Privacy Overview

essay on disadvantages of self employment

The Pros and Cons to Being Self Employed: Unveiling the Truth

In the realm of professional life, the allure of self-employment often carries an irresistible charm. The promise of autonomy, flexible work schedules and the ability to pursue one's passion while earning a living is tantalising to say the least. However, like all things, self-employment is a double-edged sword. It also brings with it an element of uncertainty, potential financial risks and the absence of traditional employment benefits and support systems.

This article serves as a comprehensive exploration of the complex landscape of self-employment, shedding light on its various facets. We delve deep into the benefits of self-employment, illuminating the aspects that make it an appealing choice for many. Simultaneously, we uncover the harsh realities and challenges that often remain hidden behind the glamourous veil of self-employment.

Whether you're a budding entrepreneur teetering on the edge of taking the plunge, a freelancer seeking to understand your choice better or a curious reader, this balanced overview of self-employment is for you. Unravel the pros and cons, benefits and potential drawbacks that come with this mode of work to equip yourself with a holistic understanding. It's time to explore the terrain of self-employment in all its glory and complexity.

Advantages of Self-Employment

1. Freedom and Flexibility

The cornerstone of self-employment's appeal lies in the unmatched freedom and flexibility it affords. As a self-employed professional, you wield full control over your work hours and strategic decisions, giving you the liberty to structure your day as you see fit. This flexibility can promote a healthier work-life balance, allowing you to blend your personal and professional commitments seamlessly. Whether it's taking mid-day breaks, working from your favourite cafe, or aligning your work hours with your peak productivity periods - the reins are firmly in your hands. The ability to dictate your own terms is an undeniable advantage of self-employment.

2. Direct Impact and Ownership

In the sphere of self-employment, your effort's direct impact on your venture is clearly visible. Unlike in a traditional employment setting where individual contributions are often lost in the larger corporate mechanism, self-employment allows you to experience first-hand the results of your hard work. The immediate connection between your actions and their impact fosters a strong sense of ownership, enhancing personal fulfilment. Whether it's a successful marketing strategy or a profitable deal, every triumph feels more personal, rewarding, and motivates you to strive for higher peaks. This sense of direct ownership and impact is a distinctive advantage of self-employment.

3. Unlimited Earning Potential

Self-employment opens up the doorway to unlimited earning potential, unbounded by the constraints of traditional employment. Unlike a fixed salary job where your earnings are often capped by industry standards and job roles, being self-employed means your income is directly tied to your ambition, hard work and business success. There are no ceilings to what you can earn; the more you put into your business, the more you can potentially make. This prospect of unlimited earning potential is one of the most attractive aspects of self-employment, offering a unique opportunity to shape your financial destiny.

Benefits for Self-Employed

What are the benefits enjoyed by self-employed professionals?

1. Tax Advantages

Self-employment in India offers certain tax advantages that can optimise your financial management. As a self-employed individual, you are eligible to deduct legitimate business expenses from your taxable income. These expenses could range from office rent and equipment costs to travel related to your business operations. Additionally, specific sections of the Income Tax Act, such as Section 80C and Section 10, provide deductions and exemptions that could further lower your tax liability. However, the exact benefits can vary based on your business and its structure, making it advisable to consult with a chartered accountant or tax expert.

2. Skill Development

One of the understated benefits of self-employment in India lies in the breadth of skills you acquire and develop. As a self-employed individual, you often wear multiple hats, which requires a wide range of skills extending beyond your core expertise. Whether it's learning about financial management, marketing strategies, negotiation tactics or customer service, self-employment fosters a culture of continuous learning. This skill diversification not only enhances your professional growth but also builds resilience, making you adaptable to various situations. Consequently, self-employment serves as a dynamic platform for comprehensive skill development.

Disadvantages of Self-Employment

1. Financial Risk and Instability

Being self-employed often goes hand-in-hand with financial uncertainty and risk. Unlike traditional employment which typically guarantees a steady monthly income, earnings from self-employment can fluctuate drastically, depending on the market and your business performance. This can make budgeting and financial planning quite challenging. Additionally, you may have to make significant initial investments to set up your business, adding to the financial risk. Also, during lean periods, without the safety net of a regular salary, financial instability can cause stress and impact your overall stability. These factors mark one of the key challenges in self-employment.

2. Lack of Benefits

A significant drawback of self-employment in India is the lack of traditional employment benefits. Unlike salaried employees who are entitled to structured benefits such as provident fund contributions, health insurance and paid leave, self-employed individuals often lack such structured support. Although the government has initiated certain schemes for the self-employed, these may not offer the same level of coverage as corporate benefits. The absence of a guaranteed income during illness or holiday periods, coupled with the need to manage your own retirement savings, adds a layer of financial insecurity and risk to the realm of self-employment.

3. Increased Responsibility and Workload

The autonomy that comes with self-employment also introduces a heavier burden of responsibility and an increased workload. As a self-employed individual, you are accountable for all aspects of your business - from strategic planning and client acquisition to administrative tasks and financial management. This wide array of responsibilities often translates into long hours and high-pressure situations, which can potentially lead to burnout. The absence of a dedicated team to share the workload can also make time off more difficult to arrange. Thus, the increased responsibility and workload stand as considerable challenges in self-employment.

There are both pros and cons to being self-employed. While the freedom, flexibility, and unlimited earning potential can be enticing, it's important to consider the financial risk, lack of traditional benefits, and increased responsibility.

If you're considering self-employment, it's crucial to undertake thorough research and potentially seek advice from professionals such as accountants or business advisors. Despite the challenges, self-employment can be an incredibly rewarding career path for those willing to embrace the journey.

Frequently Asked Questions

1. how do i register as self-employed in india.

In India, the registration process for self-employment varies based on the type of business you're conducting. For sole proprietors, you may need to obtain a Shop and Establishment licence from your local municipal authority. For service providers, a GST registration is mandatory if your annual turnover exceeds ₹20 lakhs. Always check with a business advisor to ensure you've met all legal requirements.

2. What Can I Deduct as a Self-Employed Individual?

As a self-employed individual in India, you can deduct business expenses from your income to lower your tax liability. This may include travel expenses, office rent, utility bills, and equipment costs directly related to your work. For specific deductions applicable to your business, it's best to consult with a chartered accountant.

3. Can a Self-Employed Person Get a Home Loan?

Yes, self-employed individuals can obtain home loans in India, but the process can be more stringent than for salaried individuals. Lenders typically require at least three years of income tax returns, business stability proof, and a good credit score. Loan terms and interest rates may also vary based on your income stability and the nature of your business.

4. What Are the Social Security Contributions for Self-Employed Individuals?

In India, social security provisions for self-employed individuals are not as robust as for salaried employees. However, the government does provide some schemes like the Pradhan Mantri Shram Yogi Maan-dhan (PMSYM) for small scale workers and labourers, and the National Pension Scheme (NPS) which is open to all Indian citizens, including self-employed individuals.

5. Do Self-Employed Individuals Get Paid Holidays?

Self-employed individuals in India do not receive paid holidays as this concept is typically associated with traditional employment. As a self-employed person, you have the flexibility to determine your own work schedule, but any time off work directly affects your earnings.

Hire Flutter Developers in India: A Comprehensive Guide

Hire Magento Developers in India: A Guide for Foreign Employers

Best Countries To Hire Software Developers in 2024

Welcome Guest!

IELTS Listening
IELTS Reading
IELTS Writing
IELTS Writing Task 1
IELTS Writing Task 2
IELTS Speaking
IELTS Speaking Part 1
IELTS Speaking Part 2
IELTS Speaking Part 3
IELTS Practice Tests
IELTS Listening Practice Tests
IELTS Reading Practice Tests
IELTS Writing Practice Tests
IELTS Speaking Practice Tests
All Courses
IELTS Online Classes
OET Online Classes
PTE Online Classes
CELPIP Online Classes
Free Live Classes
Australia PR
Germany Job Seeker Visa
Austria Job Seeker Visa
Sweden Job Seeker Visa
Study Abroad
Student Testimonials
Our Trainers
IELTS Webinar
Immigration Webinar

Nowadays More People Choose to be Self-Employed Sample Essays

Updated On Dec 08, 2023

Share on Whatsapp

Share on Email

Share on Linkedin

Limited-Time Offer : Access a FREE 10-Day IELTS Study Plan!

This article contains Nowadays More People Choose to be Self-Employed sample essays.

Given below is a real IELTS Writing Part 2 Essay question. We have provided sample essays as well as an essay outline so that you can practice writing your own!

Not sure how to approach IELTS Essay questions? Take a look at IELTS Writing Task 2 Preparation Tips and Tricks !

Learn how to write the perfect IELTS Direct Question essay for Band 9 score with the guide below!

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

Direct Question Essay

Introduction

Sentence 1: Defining why people opt for self-employment.

Sentence 2: State the disadvantage in one sentence.

Paragraph 1: The primary reason that encourages the youth to opt for self-employment is the freedom that comes with it.

Paragraph 2: Being one’s own boss can be exhausting and stressful as they have to make extra efforts to keep their work going.

Restate main points.

Sample Essay

Today, an increasing number of individuals choose to work for themselves, rather than working for corporate industries or MNCs. I believe that individuals choose to start their own business because of the corporate world’s little work/life balance or the imposition of rules and regulations. Although there are several perks of being self-employed, a few things about self-employment can cause a lot of stress to an individual.

The primary reason that encourages the youth to opt for self-employment is the freedom that comes with it. If a person is self-employed, he has the liberty to choose his working hours and plan his schedule. Further, a self-employed business can earn a hefty sum of money for an individual, securing the future. But people (employees) doing a corporate job receive only the given salary, which makes it difficult to balance their work and life. Initially, these employees are required to work for eight hours a day, but when the competition increases gradually and becomes fierce, they’ve to work hard and for longer hours to stay ahead of the company’s competitors. Further, if an employee doesn’t perform well or if the employer feels that the employee isn’t worthy enough, they can be expelled from the company. Moreover, the employee is bound by the rules and regulations laid down by the company or the employer. Not everyone appreciates being bound by the rules.

However, being one’s own boss can be exhausting and stressful. A self-employed individual should be disciplined enough not to skip deadlines. By missing out on important targets and deadlines, the individual may undergo financial losses, and he must solely bear all the consequences, as a result of which the guaranteed paycheck at the end of the month is lost. Moreover, it takes several years for self-employed professionals to establish themselves in their respective fields. Therefore, there’s no guarantee that a self-employed individual will earn enough to live a comfortable life until then. Thus, there’ll be a huge difference in their daily routine, adversely affecting their mental and physical health.

To recapitulate, I think working for oneself is definitely beneficial as it enables them to work on flexible schedules with their own terms and conditions. But eventually, they may fail if they don’t meet set targets. Therefore, an individual should be aware of the pros and cons of self-employment before venturing into one.

Get Evaluated for FREE:

Do you have an essay on this topic? Please post it in the comments section. One of our IELTS trainers will evaluate your essay from an examiner’s point of view and reply to the comment. This service is completely FREE of cost.

SUBMIT YOUR ESSAY

Band 9 Sample Essay

There is a significant splurge in the number of youngsters choosing the path of business rather than being restricted into the shackles of a cubicle and working 9-6 for a company. On top of that, an extensive range of putative and victorious businessmen are supporting these young entrepreneurs and helping them financially by funding their ideas. I believe that this concept comes with both merits and demerits and that one should be cautious when making this decision.

It is effortlessly evident that there are many reasons behind this rising trend of startup companies. To commence with, youngsters are finding it arduous to get a job as per their liking and preference. Individuals who wish to work in an acclaimed organisation or get a well-paid job must have high academic qualifications or years of work experience. Such requirements are somehow disqualifying a larger section of the job hunters. And then, there are people who desire to get riches in a shorter time period. To exemplify, a business can earn a hefty sum of amount if the idea is unique and targeted to the right type of consumer.

If looked at it from the different perspective, there are varying drawbacks as well. First and foremost, being self-employed doesn’t come with a guaranteed comfortable and luxurious life. When working in a company, there is a guaranteed amount that gets credited to the bank account at the end of the month. Another significant disadvantage that cannot be overlooked is that self-employed people, to make their companies successful, work throughout and the day and sometimes late in the night as well. This practice not just keeps them away from their friends and family but impacts their overall health as well. Hence, it creates an imbalance in their professional and personal lives.

To recapitulate, working independently is surely advantageous for youngsters as it allows them to work on their own terms and conditions. However, there are obvious disadvantages as well that must be considered before entrepreneurship is chosen.

Meaning: something extra you get, in addition to a salary, in exchange for working. Eg: One of the perks of being a programmer is that you get access to the 24×7 seamless WiFi.

Meaning: freedom Eg: In the absence of the teacher, the students got the liberty to peep outside the classroom.

Corporate job

Meaning: a job where an individual is working in a corporate organisation or a large company. Eg : Rose turned down her corporate job offer to only start a clothing store in the market.

Meaning: having or displaying an intense or ferocious aggressiveness. Eg : Mary’s father was fiercely attacked by the tiger in the forest.

Meaning: force (someone) to leave a place Eg : Due to his bad attitude, the security guard was expelled from the company.

Meaning: having a moral or legal duty to do something. Eg: Children were bound to follow the rules and regulations in the school.

Being one’s own boss

Meaning: have full control of a business or enterprise Eg: Jack’s friends were jealous of him as he became his own boss.

Recapitulate

Meaning: summarize and state again the main points of. Eg: Rose was asked to recapitulate the presentation.

Meaning: very tired Eg: John was exhausted after a journey of 8 hours.

Meaning: undertake a risky or daring journey or course of action. Eg: Joshua decided to venture in the dark.

Practice IELTS Writing Task 2 based on Essay types

Start Preparing for IELTS: Get Your 10-Day Study Plan Today!

Janice Thompson

Soon after graduating with a Master’s in Literature from Southern Arkansas University, she joined an institute as an English language trainer. She has had innumerous student interactions and has produced a couple of research papers on English language teaching. She soon found that non-native speakers struggled to meet the English language requirements set by foreign universities. It was when she decided to jump ship into IELTS training. From then on, she has been mentoring IELTS aspirants. She joined IELTSMaterial about a year ago, and her contributions have been exceptional. Her essay ideas and vocabulary have taken many students to a band 9.

Post your Comments

Mehrasa-Elahian

Posted on Oct 16, 2023

In this modern world, an increasing number of people choose to be their own boss and, work individually. I assume this trend has risen due to the perspective they have about working in a company or a firm, or maybe idealizing the concept self-employing. The point is, we should be aware of both down and up sides of it. For this purpose, I am going to discuss in the further paragraphs. Firstly, being self-employed can be an appropriate choice for introverted people who cannot communicate with large groups and prefer to be isolated in a room while listening to a music. For instance, a friend of mine, couldn’t fit in the company she worked in and felt irritated while surrounded by so many colleagues. In addition to this, being you own boss means your schedule depends on you, and you have the opportunity to utilize all your time and energy the way you enjoy. Moving on to the negative aspects, the most important disadvantage is your balance in life may get ruined. You have no boundaries between the quality time with your family and other occupational meetings. Furthermore, you can be sure on your income, because the company is compelled to give you the salary at the end of each month but in this case, it is all up to you and, you may have no earnings in a month and no one is responsible for this but you. In conclusion, self-employment has pros and cons and, it can be an authentic choice for some. Yet, we have to be cautious about its drawbacks if we want to opt for this type of working.

IELTS Expert

Posted on Nov 29, 2023

Overall Band: 5

There are frequent lapses in the appropriacy of word choice and a lack of flexibility is apparent in frequent simplifications and repetitions. Grammatical errors are frequent and cause some difficulty for the reader.

To Get a detailed Evaluation, Avail a FREE IELTS Writing Demo with a BAND 9 Expert here.

Genrcall-luis

Posted on Sep 2, 2023

Recently, while numerous people have had to fight so hard to achieve a great platform as a job, others pursue being self-employed to take control of their work schedules or have a higher income. However, financial risk and burnout are two significant drawbacks of entrepreneurship. To commence with, freedom and flexibility in working schedules might be the factor of this phenomenon. Due to the desire for greater control and adaptation of work hours to personal needs and balance work-life commitments. To illustrate, a freelancer can take care of his business in the morning and do other jobs in the afternoon than those employees who have to blind their lives with the work schedules because of the long working hours. Furthermore, by being self-employed, you have the possibility of higher earnings, especially if a venture becomes successful. However, being one’s own boss can be risky and exhausting. Firstly, irregular income patterns and personal financial risk, as business success or failure, directly influence the individual’s income and economic well-being. Moreover, burnout will appear daily, resulting from prolonged work stress and long work hours to build and maintain their business, especially when the business finances witness a terrible change. For example, Elon Musk, CEO of Tesla and Space X, had to spend 100 hours a week to operate his own business. In conclusion, the choice of self-employed offers various advantages like flexible schedules and more opportunities for a higher income. Still, it comes with potential financial risk and an overload in responsibility and working hours. Individuals considering self-employed should carefully weigh these factors to make informed decisions.

kavita Timbadia

Band 6 – The test taker has an effective command of the language despite some inaccuracies, inappropriate usage and misunderstandings. They can use and understand fairly complex language, particularly in familiar situations. For more practice material you can visit IELTSMaterial Store : https://store.ieltsmaterial.com/

Posted on May 28, 2022

In recent times, many individuals preferred their own businesses as compared to working for private companies or corporations. To my opinion, people opt for self businesses so as to earn a good amount of money with comparatively a flexible schedule with their own terms and conditions rather than being paid a fixed salary every month. To begin with, the main reason which allured people to start up and engage in their own businesses is the probability of making quite good financial gains. Individuals workings with companies are generally paid a fixed remuneration every month with little or no increments. The decision regarding salary increments totally lies with the company or organization. The other reason for establishing self businesses includes flexible schedules and working hours. People can work as per their availability without any force from anyone as they are not answerable to any higher authorities as in private salaried jobs. Overall people feel more happy and satisfied if they are their own boss and working style. Their could be certain disadvantages also for being self employed sometimes. Firts of all, being self employed is a risky job. All the losses has to bear by the individual himself or between the partners of the business. People may have huge financial losses if not working with the guidelines or not keeping themselves updated as per market trends. It become necessary for the individuals to become pefect all the time to prevent or avoid any mistakes. It sometimes may become stressful to handle the entire company single handed. To recapitulate, working for their own business may be financially good for a person but it comes with many responsibilities and accountabilities. If not met with guidelines may results into huge losses which could be the biggest disadvantges of self employment.

Posted on May 30, 2022

Band Score – 5.5

Concentrate on the correct usage of articles, prepositions, verb forms and punctuation.

Pay attention to spellings and word order in a sentence.

Use C2 level of words.

NISY JOHN PANICKER

Posted on Jan 10, 2022

The traditional culture of boss-worker is of less demand among present generation. Many individuals tend to be self-employed instead of working under another person. The freedom to make decisions and no strict rules at the work place makes individuals stand-alone. Though there are benefits, being self-employed has drawbacks as well. While being self-employed, people are free to make their own decisions and need not wait for another person’s approval in accomplishing their tasks. One clear example is, when they wish to have an off from the work or wants to go for a trip, they could simply take leave without getting any consent from anywhere. Furthermore, they prefer to have working conditions where no strict rules are imposed, for example, a dress code or a systematic working time, on them. A more flexible schedule is ensured by being self-employed. However, they are likely to get no employee benefits such as holiday pay and sick pay which are some of the benefits obtained by people while working for a company or an organization.. Also, they may face issues like increased responsibility and pressure as this individual is the prime authority for the whole running of the working system. They can’t rely on anyone else in case of a trouble or loss and makes them the sole bearer in every situation they face. In conclusion, while there are many plus points in being self-employed, these people tend to working much harder than they ever did for an employer, which makes them vulnerable to overwork and it’s consequence burnout.

Band score: 5.5

Concentrate on the usage of articles, verb forms and the difference between the contraction and the possessive of the word “it”

Recent Articles

Some People Say that it is Better to Work for a Larger Company than a Small One – IELTS Writing Task 2

Nehasri Ravishenbagam

Paying for Things Using Mobile Phone Apps – IELTS Writing Task 2

Kasturika Samanta

Modern Communications Mean That It’s No Longer Necessary to Write Letters – IELTS Writing Task 2

Raajdeep Saha

People May No Longer Be Able to Pay for Things Using Cash – IELTS Writing Task 2

Our Offices

Gurgaon city scape, gurgaon bptp.

Please enter Email ID

Please enter phone number

Application

Please select any one

Already Registered?

Select a date

Please select a date

Select a time (IST Time Zone)

Please select a time

Mark Your Calendar: Free Session with Expert on

Which exam are you preparing?

Great Going!

Get a free session from trainer

IELTS Mentor "IELTS Preparation & Sample Answer"

Skip to content
Jump to main navigation and login

Nav view search

IELTS Sample

IELTS Writing Task 2/ Essay Topics with sample answer.

Ielts essay # 1281 - nowadays many people choose to be self-employed, ielts writing task 2/ ielts essay:, 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.

IELTS Essay
IELTS Essay Sample
Essay Writing

IELTS Materials

IELTS Bar Graph
IELTS Line Graph
IELTS Table Chart
IELTS Flow Chart
IELTS Pie Chart
IELTS Letter Writing
Academic Reading

Privacy Policy
Cookie Policy
Copyright Notice
HTML Sitemap

Essay on Self Employment

Students are often asked to write an essay on Self Employment in their schools and colleges. And if you’re also looking for the same, we have created 100-word, 250-word, and 500-word essays on the topic.

Let’s take a look…

100 Words Essay on Self Employment

Introduction.

Self-employment refers to working for oneself rather than for an employer. It offers the freedom to choose your work, set your schedule, and manage your income.

Self-employment can be rewarding. You can follow your passion, have flexibility, and potentially earn more. It allows creativity and independence.

However, self-employment also has challenges. It can be risky, stressful, and requires discipline. You may face financial instability and lack of benefits.

Despite the challenges, self-employment can be a fulfilling career choice. It requires careful planning, perseverance, and resilience.

Also check:

Advantages and Disadvantages of Self Employment
Paragraph on Self Employment

250 Words Essay on Self Employment

Introduction to self employment.

Self-employment, often portrayed as the epitome of personal freedom and financial independence, is an increasingly popular choice among individuals. It is a lifestyle that allows individuals to create their own work environment, set their own hours, and determine their own income based on the effort they put in.

The Appeal of Self-Employment

The allure of self-employment lies in its potential for personal and financial freedom. It offers an escape from the 9-to-5 grind, enabling individuals to pursue their passions and interests. Moreover, it provides the opportunity to directly reap the benefits of one’s hard work, rather than having the fruits of labor divided among various stakeholders in a traditional employment setting.

Challenges of Self-Employment

Despite its appeal, self-employment isn’t without its challenges. It requires a high level of self-discipline, resilience, and financial management skills. The lack of a guaranteed income can lead to financial instability, especially in the early stages. Moreover, self-employed individuals often have to wear many hats, dealing with marketing, finance, and operations, all while delivering their core services.

Conclusion: The Future of Self-Employment

The rise of the gig economy and digital platforms has made self-employment more accessible than ever. However, it is not a one-size-fits-all solution. Individuals must carefully consider their skills, risk tolerance, and personal goals before venturing into self-employment. Despite its challenges, for those who value autonomy and are willing to navigate through uncertainty, self-employment can be a rewarding career choice.

500 Words Essay on Self Employment

Self-employment, a concept that has been around for centuries, is becoming increasingly popular in today’s fast-paced world. It is the practice of creating one’s own job, rather than working for an employer. Self-employment can take on many forms, from freelancing and consulting to building a startup. It is a path that requires ambition, resilience, and a great deal of independence.

The Rise of Self-Employment

The landscape of work is changing, and self-employment is at the forefront of this transformation. Technological advancements, particularly the internet, have made it easier to start and run a business. Digital platforms have created a new economy where people can offer their skills directly to consumers or businesses, bypassing traditional employment structures. This shift is not just about convenience; it also reflects a changing attitude towards work. More people are seeking autonomy, flexibility, and the ability to pursue their passions.

The Pros and Cons of Self-Employment

Self-employment offers numerous benefits. It provides freedom to choose the type of work, the clients, and the working hours. It can lead to a more balanced lifestyle and potentially higher income. Moreover, it offers the satisfaction of creating something on your own and seeing it grow.

However, self-employment also comes with challenges. It often means longer hours, especially during the initial phases. There is no guaranteed income, and financial instability can be stressful. Self-employed individuals must also handle all aspects of their business, from marketing to accounting, which can be overwhelming.

Skills for Successful Self-Employment

Successful self-employment requires a unique set of skills. Entrepreneurial skills such as creativity, risk-taking, and strategic thinking are crucial. Equally important are technical skills related to the specific job or industry. For instance, a freelance graphic designer needs to be proficient in design software.

Additionally, self-employed individuals must be adept at time management and self-discipline. They need to be resilient, able to handle setbacks and failures. Furthermore, they must be continuous learners, adapting to new trends and technologies to stay competitive.

In conclusion, self-employment is a viable and increasingly popular career path. It offers numerous benefits, including autonomy, flexibility, and the potential for higher income. However, it also comes with challenges, such as financial instability and the need to manage all aspects of the business. To succeed in self-employment, individuals must possess entrepreneurial skills, technical skills, and a resilient mindset. As the world of work continues to evolve, self-employment will likely play a significant role in shaping the future of our economy.

That’s it! I hope the essay helped you.

If you’re looking for more, here are essays on other interesting topics:

Essay on Job Employment
Essay on Employment
Essay on Emotions

Apart from these, you can look at all the essays by clicking here .

Happy studying!

The Disadvantages of Self Employment

Career Advice
Getting Ahead at Work
')" data-event="social share" data-info="Pinterest" aria-label="Share on Pinterest">
')" data-event="social share" data-info="Reddit" aria-label="Share on Reddit">
')" data-event="social share" data-info="Flipboard" aria-label="Share on Flipboard">

Average Income for the Owner of a Barbershop

Ideas for independent winter jobs, consulting analyst job description.

Unreimbursed Partner Expenses & Self Employment Tax
Job Skills for Self Employment

Being your own boss has some obvious advantages. In the workplace at least, you're answerable to nobody but yourself. You set your own hours and working schedule, can give yourself a raise, no one's going to fire or discipline you and if your boss turns out to be a jerk, you have only yourself to blame. But there are substantial risks of self-employment as well. It pays to be aware of the challenges of self-employment before diving in.

How Common is Self-Employment?

As reported in Bizjournals , there are well over 30 million businesses in the United States. Surprisingly, the large majority of them are one-person operations. The idea of a "business" may bring to mind a storefront or an office or factory. But the fact is, more than 75 percent of businesses in the U.S. are what the Census Bureau terms "non-employee" businesses. These are the one-person sole proprietors, gig workers and freelance contractors who generally work out of their homes. In other words, these are the self-employed.

This doesn't mean that 75 percent of all workers are self-employed. Far from it. Although 75 percent of businesses are one-person operations, most of the workforce spends its time at larger operations. The U.S. Small Business Administration estimates that more than three-quarters of the national workforce is employed in businesses with 100 or more employees. A large company like Amazon has more than a million workers, so even though it is counted as a single business, it employees a million times more workers than a sole proprietorship (one person) operation.

A Key Disadvantage of Self Employment

The benefits of self-employment notwithstanding, there are also some considerable drawbacks to being your own boss. Chief among these is the matter of a regular paycheck.

Among the main benefits of being employed by a large organization is the guarantee of regularly being paid on schedule as long as you remain with the company. As a self-employed individual, however, that guarantee vanishes. Your income as a self-employed business person depends on two factors: the amount of business that comes your way, and the willingness of clients to pay for the work you've done.

As an example, suppose you have established yourself as a well-respected, self-employed wedding photographer. Your income will be totally reliant on the number of clients you are able to line up at the fees you have set for your services. You may do very well in the spring season, when weddings tend to proliferate, but may face a lengthy dry patch in the winter months, when fewer people tie the knot. But even generating business is no guarantee of an income flow. If, for some reason, your newlyweds are unhappy with their wedding pictures – or simply run out of cash – they may not pay you for your services, which will put your business (and you!) in a cash crunch.

Of course, working for an established organization also entails some risk of losing one's income. Firms can and do go out of business or go through periods of layoffs when workers lose both their job and their source of income. As the 2020 coronavirus pandemic made so painfully clear, job "security" can be considerably less secure than imagined. Still, the challenge of building a steady and secure income as a one-person business can be even more of a risk.

Other Challenges of Self-Employment

As noted by Business News Daily , and many others, there are additional challenges to self-employment beyond just income insecurity. Keep these in mind as you consider whether self-employment is right for you:

Health Insurance : One of the principal benefits offered by conventional employers is full or partial payment of employee health insurance costs. A decent health insurance plan runs into the thousands of dollars every year. As a self-employed individual, this is a cost you have to bear on your own.
Other Benefits : Large employers tend to offer numerous other benefits as well. These include conventional benefits like overtime pay, accumulated vacation leave and sick leave. Employers may also offer perks like free gym memberships or the use of a company car. None of these is available to you as a self-employed person
No Deep Pockets : Running a business can be an expensive proposition. You may need to hire a lawyer or a web designer, rent storage space for equipment or hire temp workers for a particularly busy season. As an employee of a standard business, these costs do not fall on your shoulders. But as a one-person operation, all business costs come right out of your pocket.
No Sales Staff : A large organization has expert personnel dedicated to making the sale. As a sole practitioner, it's not enough to simply have skills as a photographer, tax preparer or whatever other expertise you have to offer. You also have to be the one marketing your product and closing the sale, a prospect that is more comfortable for some than for others.
Limited Support and Expertise : Running a business is complicated, but without a staff to handle human resources, financial planners, taxes, legal compliance and all the other nuances of business, you have to take these tasks on yourself or hire a consultant to assist you.
Personal Time : Being your own boss may seem to offer the benefit of working when you feel like it and taking time off when you don't. In reality, though, many self-employed people keep pretty close to a 24/7 schedule. When time off means a possible loss of opportunity for new business, you may find yourself working almost all your waking hours.
Isolation : Going to work every day to an office or shop is not only a conventional job, but a social setting as well. Co-workers often become lunch partners, after-hours companions, softball teammates and friends. More than a few office romances have sprung up in workplace settings. As a sole practitioner, you're on your own, however. For some self-employed individuals, this can be a lonely setting.

Find Your Resources

The challenges of self-employment may seem daunting, but keep in mind that millions of workers across the country make a successful go of it. To help you in your own efforts, make sure to line up your resources. Friends and family can pitch in to help get you going, either with financial assistance or simply by offering advice, free labor or some donated supplies. Your local government at the state, county or city level probably offers programs to help one-person businesses get started.

The U.S. Small Business Administration (SBA) is a terrific resource offering guidance, tools and one-on-one advice for small businesses of any type and scale. There's even an SBA Self-Employed page to point you to the best available resources the agency has to offer.

If you do decide to jump into the self-employed waters, good luck for a successful endeavor.

Bizjournals: What counts as a business?
Business News Daily: 4 Big Challenges of Self Employment

David Sarokin is a well-known Internet specialist with publications in a wide variety of business topics, from the best uses of information technology to the steps for incorporating your business. He is the author of The Corporation, Its History and Future (Cambridge Scholars, 2020) on the role of big business in the modern world, and Missed Information (MIT Press, 2016), detailing how our social systems like health care, finance and government can be improved with better quality information.

Being an employee vs. having your own business, self employment vs. employment, 5 disadvantages of working for yourself, the advantages of self employment, how much do house cleaners make, disadvantages of a spouse as a co-owner of an s-corporation, differences between owner-operators & subcontractors, advantages and disadvantages of starting your own cpa firm, how much will i get back as an independent contractor after taxes, most popular.

1 Being an Employee Vs. Having Your Own Business
2 Self Employment Vs. Employment
3 5 Disadvantages of Working for Yourself
4 The Advantages of Self Employment

Small Business

Self-Employment: Definition, Types, and Benefits

Search Search Please fill out this field.

What Is Self-Employment?

Understanding It

Special Considerations

Pros and Cons

The Bottom Line

Self-Employment: Definition, Types, and Benefits CURRENT ARTICLE
Self-Employed Person
Independent Contractor
The Gig Economy
Watch This Trend: Calif. Assembly Bill 5
Challenges for Self-Employed Finance Professionals
Healthcare Options for Small Businesses: A Comprehensive Guide
Best Health Insurance Plans
Best Disability Insurance Plans
Getting a Mortgage When Self-Employed
Money Guide for Self-Employed Parents
Calculate Your Salary
SEO for Small Businesses: Everything You Need to Know
Build Your Own Plan
How Social Security Works
Save for Retirement
SEP IRA Plan
Individual 401(k) Plans
Individual 401(k) vs. SEP IRA

Self-employment is earning income without being employed and paid by someone else. Self-employed persons may be involved in a variety of occupations but generally are highly skilled at a particular kind of work. Writers, tradespeople, freelancers , traders/investors, lawyers, salespeople, and insurance agents all may be self-employed. Self-employment isn't like being a traditional worker because self-employed individuals aren't tied to an employer. Being self-employed gives people flexibility but comes with certain tax implications.

Key Takeaways

Self-employment allows people to work for themselves without being tied to an employer.
Self-employed individuals are generally required to pay estimated taxes each quarter.
Being self-employed can provide flexibility and autonomy, but there is a greater degree of employment risk and a cyclic or varying income.

Understanding Self-Employment

The precise definition of self-employment depends on who you ask, as it varies among different agencies, including the U.S. Bureau of Labor Statistics (BLS) , the Internal Revenue Service (IRS) , and private research firms. However, the overarching definition of the term is the state of earning a living from any independent pursuit of economic activity instead of earning a living working for a company or entity.

A self-employed person is anyone who performs work for pay, independent contractors, sole proprietors of businesses, and individuals engaged in partnerships . A freelancer or an independent contractor who performs all of their work for a single client may still be a self-employed person.

Being self-employed is often confused with owning a business, but the two concepts aren't necessarily the same. A self-employed person is usually the business itself, whereas a business owner may own the company but not be involved in operating or managing it.

A self-employed person must file annual taxes and pay an estimated quarterly tax . They are also required to pay what is called the self-employment tax in addition to income tax. This tax equals 15.3% of their earnings. Of this tax, 12.4% goes to Social Security on the first $168,600 in 2024, and 2.9% goes to Medicare tax.

Those who make less than an annual net profit of $400 are exempt from paying taxes on that income.

Advantages and Disadvantages of Self-Employment

There are benefits and drawbacks of working as a self-employed individual. We've highlighted some of the key pros and cons below.

While self-employment generally requires much more work and attention, many benefits are attractive:

You are the boss

You have the luxury of deciding what projects you work on
You work the hours you want, which gives you the freedom to take time off and work whenever you want
You can specialize in work you enjoy rather than working for pay doing something you may not like

Disadvantages

One of the most significant disadvantages of self-employment is that there is no entity withholding and paying your estimated taxes or withholding —you're required to pay estimated federal taxes quarterly. Some other disadvantages are:

There are no paid days off or paid vacation time, so a day off is a day without pay
You are responsible for your own health insurance and retirement benefits
You must ensure you remain profitable and busy, finding work for yourself
You must ensure you abide by the tax laws, filing requirements, and any applicable fees in your state and county

Ability to choose projects

Flexibility in your schedule

Do what you enjoy

No paid days off

No benefits

Work may come and go

You are liable for your own taxes

Types of Self-Employment

Independent contractors are businesses or individuals hired to do specific jobs. They receive payment only for the jobs that they do. Because they are not considered employees, they do not receive benefits or workers’ compensation , their clients do not withhold taxes from their payments for work performed, and equal opportunity laws do not apply to them.

Examples of independent contractors include doctors, journalists, freelance workers, lawyers, actors, and accountants who are in business for themselves. It is worth noting that independent contractors are not just limited to specialized fields and can include various jobs.

Sole proprietors are the only owners of unincorporated businesses, while partnerships involve two or more self-employed people who form a business together. Independent contractors, sole proprietors, and partnerships often hire a few employees to help them with their work.

10.11 million

The number of self-employed and unincorporated individuals in the U.S. as of March 2024.

It is estimated that freelancers, particularly in what is known as the gig economy , will continue to grow. There were approximately 67.6 million freelancers in 2021, which is expected to grow to 86.5 million by 2027. It is expected that 50.9% of the workforce will be freelancers by 2027.

What Are the Main Types of Self-Employment?

The main types of self-employment types are independent contractor, which is an individual working a specific job; a sole proprietorship, which is a business enterprise run by an individual and which may or may not have additional employees; and a partnership, which is a business structure between two or more individuals with ownership status.

How Do You Show Proof of Income If You Are Self-Employed?

Proof of income may be required in various instances, such as filing taxes, obtaining a mortgage or other loan, or purchasing health insurance. Ways to show proof of income if you are self-employed include tax returns, Form 1099, bank statements (both personal and of the business account), audited profit and loss statements, and official invoices.

What Are the Benefits of Being Self-Employed?

The benefits of being self-employed include being your own boss, creating your own schedule, flexibility, working towards your dreams, enjoying the challenges of starting something from scratch, choosing the people you work with, and creating your own work environment.

A self-employed person isn't tied to a specific employer. They more or less decide when they'll work and when they won't. As such, a self-employed person is their own boss, which comes with certain tax liabilities. This includes paying the employee and employer portions of Social Security and Medicare taxes as well as periodic income tax payments. They must also foot the bill for supplies, equipment, and office space. Although it may sound tempting, it's important to consider the benefits and disadvantages carefully if you're considering going out independently as a self-employed person.

Internal Revenue Service. " Self-Employed Individuals Tax Center ."

Social Security Administration. " How Is Social Security Financed? "

Internal Revenue Service. " Self-Employment Tax (Social Security and Medicare Taxes) ."

U.S. Equal Employment Opportunity Commission. " Coverage: Deciding Who Is Covered ."

Internal Revenue Service. " Sole Proprietorships ."

Internal Revenue Service. " Tax Information for Partnerships ."

U.S. Bureau of Labor Statistics. " The Employment Situation—March 2024 ." Page 20.

Statista. " Number of Freelancers in the United States From 2017 to 2028 ."

Terms of Service
Editorial Policy
Privacy Policy
Your Privacy Choices

Nine (9) Advantages And Disadvantages Of Being Self Employed

Post author: Edeh Samuel Chukwuemeka ACMC
Post published: March 7, 2024
Post category: Financial Tips / Scholarly Articles

Advantages and Disadvantages Of Being Self Employed: Self employment could definitely be a profiting way to make a living, regardless of the fact that it could be tasking and a lot demanding as one get to handle or let every important decision about the business go through them, it could as well be profiting. When one is self employed, he or she is said to be their own boss as he does not answer to anyone with regards to his job.

Recommended: How to become a successful entrepreneur

Table of Contents

Meaning of Employment

Employment means the state of having a job or the state in which a person is employed and in most cases, the job in question is a paid job. In its general sense is the relationship which exists between two individual, which most times, it’s on a term of contract where the work being done is paid for, the person who is an employer, pays the employee. However the mode of payment may come in different methods which could be in the form of monthly salary, annual salary, hourly or weekly wage.

Meaning of Self Employment

To be self employed, one has to work solely as a sole proprietor or contractor, the person need not necessarily work alone as he would have others working under him, rather he would be the sole owner of the business. Instead of working in a company or establishment and being paid salaries, being self employed, offers one the opportunity of paying his own salary and also bearing any risk emanating from the business.

Recommended: Advantages and Disadvantages of the Internet for businesses

Advantages (Merits) of Self Employment

Being self employed opens doors to many advantages which other form of business may deny. These advantages are :

1. Being Self employed puts you in Control: It’s no doubt that humans love being in control, therefore being self employed offers us the opportunity to be in control. Being self employed provides you with absolute opportunity to be in control in every aspect of the business, it allows you to structure the work environment you wish to have. Instead of following rules or having some rules being forced down on you against your wish, you get to make your own rules.

2. Creates an opportunity to be more passionate about what you do : The magic of self employment is that it allows you to engage in work which interests you, you get to do what you love doing and not what another wants you to do. Instead of presenting your idea to an employer who has no interest in your them and have he or she turn it down, you get to pitch the idea to yourself and execute it the way you please.

Advantages and disadvantages of being employed vs being self-employed

Also see: How to start a business with small capital and be successful

3. Work schedule : Isn’t it fun that you get to create your own work schedule; you get to decide where or when not to work, you get to work at your own pace? Being self employed helps grants you the opportunity to create your work schedule, however, while starting the business, the schedule would be a though one as one would get to work many hours and sometimes weekend all in the bid to build the business but once the business is strong enough, there would be stability which would allow you create a stable work schedule.

4. Team Meetings : In our respective work place, we get to endure sitting through unproductive hours of team meeting, we get to listen to our boss and co workers waste the time which if put into work would have increased productivity, but here we are, listening to long chatters as time goes by.

Being self employed would avoid this time killer as you get to plan about the business yourself, allocating time to yourself while doing it in other to be more efficient.

Also see: Most profitable skills to learn in 2022

5. Control over time management : Independent time as a person who is self employed means that you have more control over your how you spend your time which gives you more control over time management. You get to fix your schedule into allowing you to do other things like; going for the book club meetings, going to the gym and the rest of the extra work activity you wish to do.

Advantages and disadvantages of employment

Recommended: Advantages And Disadvantages Of Monopoly

6. You choose your coworkers: Throughout your career as an employee, you will work with both those you like and those you despise the most. You are not given the option to pick your coworkers as an employee. It’s difficult if you don’t like your coworkers.

benefits of self-employment to the economy

However, when you run your own business, that is not the case. You get to decide who to hire and fire, and you can assemble a team that complements your personality and objectives.

Also see: Most Fun Jobs In The World

7. You determine your work environment: The benefit of being self-employed is that you can work wherever you want. You could either choose to work from home or locate a professional office space.

Another option is to set up your company so that you can work remotely. For those who want to travel frequently without it affecting their jobs, this option is particularly appealing.

Also see: Differences Between A Barrister And a Lawyer

8. You get the potential financial rewards: Yes, as an employee, you will be compensated for working extra hours. But you’ll rarely receive a cut of the money made from that work.

What are the problems of self employment?

In contrast, when you work for yourself, you get to see the financial benefits of your labor. Yes, there is always risk involved in starting a business, but if you do it right, the benefits far outweigh the risks.

Recommended: How To Choose A Career Path

9. No Dress code: One benefit of working as a freelancer is that you don’t have to dress in a suit and tie. The same is true for women who work. If you don’t like wearing formal attire, you’d be content to work from home in your jammies or from a different location while wearing colourful clothes that express who you are.

Only when you are attending a meeting with your clients would you need to be dressed as a corporate employee.

Also see: Best online universities to attend in the world

Disadvantages (Demerits) of Self Employment

1. Paying more taxes : If you a self employed, you would realize that all that glitters are not really gold. This is in the sense that being self employed comes at a price. When it comes to paying bills, especially taxes, you would have to bare it alone. You pay more taxes as an employer than an employee, and no one would come to your aid as all the risk is on the owner of the business.

What are the main advantages and disadvantages of being freelance

2. No stable income : Yes, one would be able to save up money by just working for him but this does not guarantee a stable income. You would be bearing the entire risk of the business on your shoulder which would lead to spending more and sometimes earning less especially if it is a start up business.

Unless you have good financial stability before starting, the first few years of starting up a business would defiantly be fund consuming as lots and lots of expenses would be made. Fortunately, you may be able to find customers and clients within a short period of time and this would help stabilize your income to a reasonable extent.

Recommended: How to stop procrastinating and laziness

3. There would be difficulty picking work : Being able to choose your own work schedule has been discussed in the advantages, however, this may be difficult to do as you may find it hard to settle for work at a particular time and not having to do other things.

One may find it difficult to establish a healthy boundary between their work schedule and their personal life. However, work may consume all the time one has, living him with little or no time for his personal life. Also at start ups, you don’t get to have paid leaves as you do not have the time to go on leaves and need all the money you have got for your business.

4. Isolation : Working for yourself sure does make you the boss but this does not excludes the fact that it leaves you in isolation. This is because you often get to work alone excluding you from the company of your friends. It’s no doubt that you have to get in contact with customers whom you would interact with but you won’t be going around telling them about your personal issues.

Recommended: Best side hustles for teachers

5. Losing a client : Rating a self employed worker is by the success of his work, he or she tries as much as possible to please his or her client but this does not exclude the fact that no matter how one tries, you would lose one or more client during your career. So many reasons could explain the reason for a loss of a client and sometimes, it’s simply no fault of your own.

Being self employed is a tedious task one would say. At the early stage of this self employment, it is work upon work, you strive to get your things together, paying bills, attending to new customers, sacrificing the company of your friends and a whole lot more, but I tell you, once you have done your work well at the beginning, you stand to enjoy the benefits of self employment.

Recommended: Differences Between Flat And Round Characters

6. Difficulties in separating your personal life from your professional one: The daily duties you perform when you work for yourself are typically less predictable, which might lead to more stress than when you work for an employer. Your stress levels may also increase if you are required to do numerous tasks that are unrelated to your area of expertise and are solely responsible for their success or failure.

What are the pros and cons of being self-employed?

By being as structured as you can and having a distinct plan for your immediate and long-term goals, you can reduce stress. The strain of working for yourself can be difficult to handle psychologically, but having a strategy can offer you a sense of purpose.

7. Hard work and the time it takes to build a business: Operating a business on your own is quite labor-intensive. This is especially challenging during the formative years, which are also rarely fruitful. It may feel like an endless amount of work is put into the firm to get it to a point of financial feasibility.

employment vs self-employment advantages

Recommended: Differences Between Micro and Macro Environment

Business entrepreneurs frequently underestimate the amount of work necessary to establish cash flow, which leads to many failures in the first two years of operation. Without a solid cash flow, no company can continue to operate. Many people have had to shift their business approach to survive, frequently to something entirely different. And regrettably, many companies have eluded the government’s safety net and received no funding to ensure their survival.

Recommended: Best Universities To Study Medicine In The World

8. Variable Income: There is no guarantee that you will consistently make a certain amount each month, for example. You can experience incredibly profitable days or months, as well as those where you make nothing since you have nothing to do. You should prepare for and budget for the variable pay that comes with being a freelancer. You need to be ready for the month when there will be little to no payment.

Working for yourself may allow you to save money, but you cannot certain that your income will remain the same. The first years of self-employment are sometimes challenging unless you have solid contacts before you start. Searching for new clients can be time-consuming without experience or connections. Fortunately, with some perseverance, you will acquire customers and make some living. You are not, however, exempt from late payments, which can have an impact on your expenses. Building a financial buffer is one way to avoid difficulties. And be ready to face the uncertainties.

9. Having to do everything yourself: It’s crucial to focus on increasing revenue while keeping costs to a minimum while starting a firm. As a result, you frequently end up in charge of everything, including administration, sales, marketing, and so forth. A significant portion of this can be outsourced, but only if there is enough money or a desire to do so.

When you have always been in charge, letting go might be challenging! There may seem to be an endless list of duties to do, many of which may interfere with the primary goal of your business. If you were to make the wrong decision in your job, you would also have to handle everything yourself. You are responsible for covering all costs.

Edeh Samuel Chukwuemeka, ACMC, is a lawyer and a certified mediator/conciliator in Nigeria. He is also a developer with knowledge in various programming languages. Samuel is determined to leverage his skills in technology, SEO, and legal practice to revolutionize the legal profession worldwide by creating web and mobile applications that simplify legal research. Sam is also passionate about educating and providing valuable information to people.

This Post Has One Comment

It is really amazing

Comments are closed.

A Beginner’s Guide to IELTS
Common Grammar Mistakes [for IELTS Writing Candidates]

Writing Correction Service

Free IELTS Resources
Practice Speaking Test

Select Page

IELTS Essay on Employment

Posted by David S. Wills | Aug 6, 2020 | Model Essays | 0

There are many IELTS writing topics but one of the common ones is employment . This means anything relating to the idea of working. (Of course, it could also be the opposite: unemployment .) In any case, today I will explain how to write an IELTS essay on employment.

We are going to look at two examples of IELTS writing task 2 questions about employment and then I will show you my two sample answers.

IELTS Writing Questions about Employment

The topic of employment could arise almost anywhere in the IELTS exam but it is quite common in task 2 of the writing test. In fact, the scope for what sort of question you could be asked is immense! You could be asked about employment and:

Environment
and much more

In short, you cannot really prepare for this by guessing the questions or having any expectation of a particular topic. Just know that you might have to write an essay about employment and that you will need to read it carefully.

IELTS Essay #1: Self-Employment vs Traditional Employment

First of all, let’s look at an IELTS writing question about self-employment.

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?

This is a two-part question , which means you should aim to answer both questions in the body of your essay. In a sense, this makes it much easier to understand the question and structure your answer.

However, let’s make sure that we understand it perfectly.

Question analysis

Premise: In the modern era, many people work for themselves. This is different from the past, when they worked for companies.

We have to write about two things:

Why this has happened.
What are the disadvantages.

In a sense, this is a rare instance where the two-part question and the advantages-and-disadvantages question come together! You can see how #1 is sort of asking for the advantages, and #2 specifically asks for disadvantages.

How interesting!

Common Problems

I have often seen my writing correction students make the mistake of confusing freelancing, self-employment, and working from home. There can obviously be some overlap between these but there are also important distinctions:

To answer this question, I would take a pretty simple, four-paragraph structure for my approach. It would look like this:

Sample Band 9 Answer

It is quite common nowadays for people to be self-employed, rather than working for a company or organization. This essay will look into the reasons for that change, and then discuss some of the disadvantages of being self-employed.

In the information era, it is quite possible for people to work at home on their computer. The internet has opened up all sorts of possibilities in terms of making money, and so people may work as freelancers or start their own company. It has never been easier to do this because in the past working for yourself required renting an office or shop, whereas now you can simply set up a website or social media profile. People typically prefer this because it allows them a great deal of freedom. A person who prefers nights and loathes waking up early might choose to conduct their business at night, whereas someone who likes to travel might work from a laptop while visiting different places.

Of course, there are some disadvantages to being unemployed. This sort of employment lacks the security of a traditional job. In most countries, workers are protected by laws that guarantee them certain rights. However, with no employer and no workplace, these laws do not apply. Similarly, traditional jobs provide pension plans and health insurance, but when you work for yourself you have to provide these yourself, and they are not cheap. In fact, most self-employed people simply forego these things and take the risk as a part of their comparatively free life.

In conclusion, being self-employed allows people a far greater degree of freedom in their life, but there are several significant drawbacks that mean this sort of work is not suitable for everyone.

Note: This essay originally appeared here .

IELTS Essay #2: Job Satisfaction

Next, we will look at an IELTS essay on employment that deals specifically with the interesting issue of job satisfaction:

As most people spend a major part of their adult life at work, job satisfaction is an important element of individual wellbeing. What factors contribute to job satisfaction? How realistic is the expectation of job satisfaction for all workers?

This is another two-part question. What a coincidence!

Question Analysis

In order to understand this question, we can again look closely at its premise:

Premise: Job satisfaction is important for a person’s wellbeing.

You have to write about:

The factors that make people satisfied with their work
Whether or not it is realistic for everyone to achieve job satisfaction

You should aim to write about all of this without straying off topic.

A lot of people seem to misunderstand or overlook the second question, which asks whether it is realistic for everyone to have job satisfaction . This can be a difficult thing to discuss with any depth, but you need to address it as best you can.

Here is how I will plan my IELTS essay about job satisfaction:

Although some people think that a high salary is the most important part of a job, the truth is that job satisfaction is probably more important. This essay will look at some of the factors contributing to this, and then argue that it is a reasonable expectation to have some degree of job satisfaction.

Every person is different and so defining job satisfaction is not an easy task. However, it could be stated that in order to provide this to employees, employers must give them a good justification for doing their job. The reason for this is that having a sense of satisfaction with one’s job largely comes from feeling a sense of purpose. People who feel that their efforts are useless or unappreciated invariably feel no job satisfaction. In addition to this, it is important that a person is given some degree of responsibility and autonomy with their tasks. Having a supervisor monitoring every single action presents a lack of trust and creates an atmosphere of oppression. When these two factors are met, they can result in workers who feel satisfied with their positions.

It may seem unlikely that people can achieve this because ever since the industrial revolution, it has been normal for people to work long hours in order to make money to survive, with little thought given to making workers happy or comfortable. However, in the modern world there is no good reason why this cannot be a new target. Employers should strive to give their employees dignity in the workplace, instead of maximizing productivity. Whether this is likely or not depends on social expectations and workplace laws, but it is certainly possible if the effort were made.

In conclusion, job satisfaction occurs when people are given tasks that matter and then offered some degree of responsibility. This could be given to everyone with the right motivation, although it is also possible that it may not happen.

Ok folks, I hope that was helpful for you. Now you can go and write your own IELTS essay on employment. Remember that there are many possible questions and so you should not assume that these two will appear in your next test. Also note that the topic of employment could appear in task 1 as a line graph of employment rates or any other sort of visual representation of employment and unemployment.

About The Author

David S. Wills

David S. Wills is the author of Scientologist! William S. Burroughs and the 'Weird Cult' and the founder/editor of Beatdom literary journal. He lives and works in rural Cambodia and loves to travel. He has worked as an IELTS tutor since 2010, has completed both TEFL and CELTA courses, and has a certificate from Cambridge for Teaching Writing. David has worked in many different countries, and for several years designed a writing course for the University of Worcester. In 2018, he wrote the popular IELTS handbook, Grammar for IELTS Writing and he has since written two other books about IELTS. His other IELTS website is called IELTS Teaching.

IELTS Curfew Essay

March 25, 2022

Sample Answer: Ageing Population

July 26, 2021

Essay Correction: Family Topic [Task 2]

August 25, 2017

2x Task 1 Model Essays

June 14, 2017

Download my IELTS Books

Business and Self-Employment

Start a Business

What are the advantages of self-employment? What are the disadvantages?

Self-employment can give you financial rewards and independence from employers.

When you first arrive in Ontario, it can be difficult to find good work. Many newcomers consider starting a business or becoming self-employed.

In Canada, most self-employed people are:

Professionals working as independent contractors (freelance)
Business owners
Salespeople who work on commission
Farmers and fishers

Advantages of Self-Employment

Independence, control and freedom from routine - Companies or individuals you work for are your clients, not your employers. As clients, they can state what results are expected from you, but they do not direct your work. Of course, you want to satisfy your clients if you want to receive more work, favourable referrals or better rates. But you are your own boss - you decide when, where and how to work to get the job done.
Financial rewards - A business may become very profitable. Companies are willing to pay more to independent contractors because they don't have the expensive, long-term commitments that they do with permanent employees, such as benefits, unemployment compensation and pensions. Independent contractors may also deduct business expenses from their taxes, which may increase their net pay. Many successful businesses in Canada are run by newcomers or immigrants.

Disadvantages of Self-Employment

Less security - It will be your responsibility to make sure you always have work to do. This means you may sometimes be without work and therefore without income.
Fewer free benefits - You will have to pay for your own vacation time, fund your own retirement plans, and buy your own dental, disability and life insurance.
Paying taxes - As a self-employed person, you are solely responsible for doing all the paperwork and paying your taxes on time. If you are an independent contractor, you will pay estimated taxes quarterly to pay your Canada Pension Plan contributions and income tax.

For More Information

Start a Business - Information about starting a business in Ontario. From the Government of Ontario website.
Canada Business - Information about taxes, licensing, importing, exporting and much more.
Start Up Info-Guide for Newcomers to Canada - If you want to start a business in Ontario, this guide will help you understand the government resources that are available to you. It has information about choosing your business structure, regulations, taxation and more.
Employment Insurance (EI) Benefits for Self-Employed People - Information about who is eligible, how to apply and types of benefits. From Service Canada.
Investing in Business Innovation Program - Under this federal government program, eligible start-up businesses can get up to C$1 million towards certain costs, such as labour, materials and supplies.

What options do I have to start a business in Ontario?
Where can I get help to start a business?
What do I need to know about licensing and regulations to start a business in Ontario?

Discussion Forum

Closed work permit
Remote work & work permit
Recording Webinar Certified English Teacher
Employment Insurance

COMMENTS

6 Common Self-Employment Disadvantages (With Advantages)
These are six common challenges for self-employed professionals: 1. You usually have an inconsistent income. Unlike most regular jobs that pay a consistent salary at specific intervals, most self-employed professionals don't have a guaranteed income. Unless you have an existing list of clients when you start out as an independent contractor ...
IELTS Model Essay: Self Employment
What could be the disadvantages of being self-employed? Cambridge IELTS Academic 14 Test 4. In effect, this is an 'advantages - disadvantages' essay in disguise! The first question 'why might be the case' is really asking you for the advantages of self-employment. People choose to be self-employed because there are advantages.
IELTS Advantages and Disadvantages Essay
Whilst acknowledging the drawbacks, this essay will argue how the advantages of self-employment outweigh the disadvantages. One clear benefit of working for one's self, is the possibility of financial freedom and creative autonomy. By being self-employed, one has the room to create your own salary.
16 Advantages and Disadvantages of Self-Employment
Flexibility: Self-employment often allows for greater flexibility in terms of work hours and location. You can set your own schedule and work from home or other preferred locations. Income Potential: Self-employed individuals have the potential to earn more money, as they can directly benefit from their efforts, expertise, and business growth ...
Pros and Cons of Self-Employment: A Comprehensive Overview
Disadvantages of Self-Employment . 1. Financial Risk and Instability. Being self-employed often goes hand-in-hand with financial uncertainty and risk. Unlike traditional employment which typically guarantees a steady monthly income, earnings from self-employment can fluctuate drastically, depending on the market and your business performance ...
Self-employment disadvantages: challenges to overcome
This means being strict with yourself, exercising discipline and setting goals. Interpersonal skills: As a self-employed person, you may have to interact with clients, make calls and have meetings, which requires you to have good interpersonal and customer service skills. Confidence: Leaving the security of a regular job and going self-employed ...
Nowadays More People Choose to be Self-Employed Sample Essays
What could be the disadvantages of being self-employed? Outline Essay Type. Direct Question Essay. Introduction. Sentence 1: Defining why people opt for self-employment. Sentence 2: State the disadvantage in one sentence. Body. Paragraph 1: The primary reason that encourages the youth to opt for self-employment is the freedom that comes with it.
IELTS Essay # 1281
Self-employment also offers the potential for greater financial rewards, as profits are not shared with an employer. However, being self-employed also comes with its own set of challenges. One of the main disadvantages is the lack of job security and benefits such as health insurance and paid time off. Self-employed individuals are also ...
Advantages and Disadvantages of Self-Employment
You'll have job security; you can't be fired for doing things your way. As you perform a variety of tasks related to your work, you'll learn new skills and broaden your abilities. You'll even have the flexibility to decide your own hours of operation, working conditions, and business location. If you're working out of your home, your start-up ...
Work Parallel
Pros of Self-Employment. 1. Absolute Autonomy. Picture this. You wake up on a sunny morning, brew your favorite coffee, and sit down at a workspace you've designed, not in a cubicle someone else allotted. No hovering managers, no rigid rules to comply with, no office politics. Pure, undiluted freedom.
Essay on Self Employment
Self-employment, a concept that has been around for centuries, is becoming increasingly popular in today's fast-paced world. It is the practice of creating one's own job, rather than working for an employer. Self-employment can take on many forms, from freelancing and consulting to building a startup. It is a path that requires ambition ...
IELTS Writing Task 2 Sample Answer: Self-Employment (IELTS Cambridge 14)
1. My first sentence is a topic sentence that gives the main idea for the paragraph: investment has led to more entrepreneurs. 2. My second sentence begins my example. Don't waste any time getting to your example as it is all that really matters for your task achievement score! 3.
The Potential Disadvantages Of Being Self-Employed
There are some serious disadvantages associated with being self-employed as well. Before you make the transition from conventional employment to self-employment, it is pertinent to better familiarize yourself with these disadvantages. They'll be explored in greater depth below. Higher Taxes. First and foremost, you should understand that your ...
The Disadvantages of Self Employment
A Key Disadvantage of Self Employment. The benefits of self-employment notwithstanding, there are also some considerable drawbacks to being your own boss. Chief among these is the matter of a regular paycheck. Among the main benefits of being employed by a large organization is the guarantee of regularly being paid on schedule as long as you ...
The Highs and Lows of Self-Employment
Self-employment offers high earning potential as people have more control over their personal development. Individuals who work for themselves have the flexibility to work long hours on some days, network, and reap the advantages of their efforts. For many people, this is more motivating than receiving a set paycheck.
Self-employed worker: advantages and disadvantages
Disadvantage #1: Unstable income. Although you may be able to save money by working for yourself, you cannot guarantee that your income will stay the same. Unless you have good contacts before you start, the first years of self-employment are often difficult. Without experience or contacts, prospecting new customers is laborious.
Self-Employment: Definition, Types, and Benefits
Self-employed is a situation in which an individual works for himself instead of working for an employer that pays a salary or a wage. A self-employed individual earns his income through ...
Self-Employment Sample Answer [Two-Part IELTS Question]
It is quite common nowadays for people to be self-employed, rather than working for a company or organization. This essay will look into the reasons for that change, and then discuss some of the disadvantages of being self-employed. In the information era, it is quite possible for people to work at home on their computer.
Nine (9) Advantages And Disadvantages Of Being Self Employed
Advantages (Merits) of Self Employment. Being self employed opens doors to many advantages which other form of business may deny. These advantages are: 1. Being Self employed puts you in Control: It's no doubt that humans love being in control, therefore being self employed offers us the opportunity to be in control.
IELTS Essay on Employment
State what my essay will do. Body paragraph 1. Explain the advantages/reasons behind self-employment. - Easy to do. - Provides freedom (example: different personality types) Body paragraph 2. Explain disadvantages of self-employment. - Lack of security (example: legal protections) - Explain.
What are the advantages of self-employment? What are the disadvantages?
Disadvantages of Self-Employment. Less security - It will be your responsibility to make sure you always have work to do. This means you may sometimes be without work and therefore without income. Fewer free benefits - You will have to pay for your own vacation time, fund your own retirement plans, and buy your own dental, disability and life ...

IELTS Model Essay: Self Employment

Share this:

Related Posts

Privacy Overview

IELTS Advantages and Disadvantages Essay

My initial ideas:

Essay structure

Sign up for more like this.

16 Advantages and Disadvantages of Self-Employment

Advantages of Self-Employment

Disadvantages of Self-Employment

Advantages of Being Self-Employed

Disadvantages of Being Self-Employed

Conclusion of Advantages and Disadvantages of Self Employment

Privacy Overview

The Pros and Cons to Being Self Employed: Unveiling the Truth

Advantages of Self-Employment

1. Freedom and Flexibility

2. Direct Impact and Ownership

3. Unlimited Earning Potential

Benefits for Self-Employed

1. Tax Advantages

2. Skill Development

Disadvantages of Self-Employment

1. Financial Risk and Instability

2. Lack of Benefits

3. Increased Responsibility and Workload

Frequently Asked Questions

2. What Can I Deduct as a Self-Employed Individual?

3. Can a Self-Employed Person Get a Home Loan?

4. What Are the Social Security Contributions for Self-Employed Individuals?

5. Do Self-Employed Individuals Get Paid Holidays?

You may also like...

Hire Flutter Developers in India: A Comprehensive Guide

Hire Magento Developers in India: A Guide for Foreign Employers

Best Countries To Hire Software Developers in 2024

Nowadays More People Choose to be Self-Employed Sample Essays

Introduction

Sample Essay

Band 9 Sample Essay

Practice IELTS Writing Task 2 based on Essay types

Post your Comments

Recent Articles

Our Offices

Great Going!

IELTS Mentor "IELTS Preparation & Sample Answer"

Nav view search

IELTS Writing Task 2/ Essay Topics with sample answer.

IELTS Materials

Useful Links

Essay on Self Employment

100 Words Essay on Self Employment

250 Words Essay on Self Employment

The Appeal of Self-Employment

Challenges of Self-Employment

Conclusion: The Future of Self-Employment

500 Words Essay on Self Employment

The Rise of Self-Employment

The Pros and Cons of Self-Employment

Skills for Successful Self-Employment

Leave a Reply Cancel reply

The Disadvantages of Self Employment

Average Income for the Owner of a Barbershop

How Common is Self-Employment?

A Key Disadvantage of Self Employment

Other Challenges of Self-Employment

Find Your Resources

Related Articles

Self-Employment: Definition, Types, and Benefits

What Is Self-Employment?

Special Considerations

The Bottom Line

Key Takeaways

Understanding Self-Employment

Advantages and Disadvantages of Self-Employment

Disadvantages

Types of Self-Employment

10.11 million

What Are the Main Types of Self-Employment?

How Do You Show Proof of Income If You Are Self-Employed?