Con's to Self-Employment

Self-Employed people find their own work rather than being provided with work by an employer, earning income from a profession, a trade or a business that they operate.

There are plenty of perks of being Self-Employed

You have more flexibility and control, so it may be easier to fit your work around other commitments and responsibilities, including childcare.
Your work can be more varied, as you may be working on several different projects for different clients at any one time.
You can explore your creative and entrepreneurial side as you build your own business.
You can deduct certain costs - travel and some utilities bills, for example - from your income when you’re calculating your tax liability.
You may have the potential to earn more money, as day rates for self-employed consultants and freelancers tend to be much higher than salaries.
You Maybe able to avoid a commute to a place of work, as maybe able to work from home, or from your own business premises.
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Markee
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Con's to Self-Employment

Post by Markee »

Disadvantages of self-employment
These include:
No guarantee of work (or money)
Lack of employee benefits . . . You won't get sick pay, holiday pay or any other employee benefit.
Long hours . . . Your working day may be much longer and more irregular than someone who isn't self-employed.
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