Self-employment – adv, disadv

Adv.

freedom to be as creative as you want, create what you want, produce as you please.

Work hours that suit you and around your own life rather than working those an employer might find suitable.

The potential to earn varying amounts of money that can lead to wealth

Disavd.

No sick pay or paid time off.

You can’t be ‘paid off’ when you lose business like you would if you had an employer. Your cash flow would suddenly fall.

No guarantee your investment in your product/business will ever be returned and the business will ever succeed.

PERSONAL RISKS:

-lack of income to support family and such

-stress from over working and worrying.

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