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    Louis Mcfarlane
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    There are several potential disadvantages to being self-employed, including pressure to ensure business success, a lack of free time as the self-employed individual is responsible for all administrative tasks, potential money worries as earnings may be inconsistent in the early stages of a business, and a lack of company benefits like holidays, sick pay or pension contributions which must be paid privately. Common jobs that offer self-employment include electricians, field sales executives, home credit agents, and agricultural work.

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    self employment

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    There are several potential disadvantages to being self-employed, including pressure to ensure business success, a lack of free time as the self-employed individual is responsible for all administrative tasks, potential money worries as earnings may be inconsistent in the early stages of a business, and a lack of company benefits like holidays, sick pay or pension contributions which must be paid privately. Common jobs that offer self-employment include electricians, field sales executives, home credit agents, and agricultural work.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    3 views2 pages

    General Event Program

    Uploaded by

    Louis Mcfarlane
    There are several potential disadvantages to being self-employed, including pressure to ensure business success, a lack of free time as the self-employed individual is responsible for all administrative tasks, potential money worries as earnings may be inconsistent in the early stages of a business, and a lack of company benefits like holidays, sick pay or pension contributions which must be paid privately. Common jobs that offer self-employment include electricians, field sales executives, home credit agents, and agricultural work.

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    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    Disadvantages of SelfEmployment

    Being self-employed can have its disadvantages. These include:


    pressure from setting up the business and ensuring it succeeds to legal responsibilities such as paying your taxes and National Insurance; A lac of free time. !ou may find yourself "or ing every day as you are not only responsible for selling your product or service you are also in charge of all administration tas s too; #oney "orries. !ou may have to go a fe" months "ithout having any earnings as you build up your business. This could even result in needing to ta e on a part-time $ob to eep up "ith your living expenses; A lac of holidays% sic pay and company benefits. !ou "on&t be covered if you ta e time off "or for any reason as you are solely responsible for earning your living and you "ill need to pay all of your contributions to a private pension.

    Self-Employment
    A situation in which an individual works for himself or herself instead of working for an employer that pays a salary or a wage. A self-employed individual earns their income through conducting profitable operations from a trade or business that they operate directly.

    BENE!ITS O! SE"!EMP"O#MENT

    DEPENDING ON ME

    JOBS THAT A E AN OPTION !O SE"!EMP"O#MENT


    'lectrician (ield sales executive (ield Based IT Installation 'ngineer )ome credit agents 'state planning consultant (ertili*er consumption +ermanent cropland Agricultural land

    Be !our ,"n Boss: - +ossibly one of the most exciting and biggest advantages to becoming self-employed. !ou never have to be ordered around or boost your bosses& ego ever again. !ou are no" the one in control% in charge - the ultimate decision ma er. -or ing from )ome:-Being self-employed means you can "or from the comfort of your o"n home and you can set up your "or ing space ho" and "here you li e it. .ust remember to retain your receipts and bill for things li e phone calls and other business related expenses. These "ill be re/uired for claiming tax brea s in the future.

    0elf-0atisfaction:-There is nothing li e feeling that you have completed a tas successfully. No" you get to receive the "hole selfsatisfaction% no-one can come along and claim your successes as their o"n. !ou are no" in charge of setting goals and targets% deciding ho" and "hen they "ill be met and $udging performance.

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