Example Of Essay On Self- Employment

Self-employment refers to the earning livelihood by working for oneself and not for other companies. The person is said to be self-employed if generates his income directly from customers or organizations. He is the owner of a business, sole proprietor; independent contractor or he may be a partner is a partnership. In general, a self-employed person is not an employee of another business or company. Such individuals are responsible to pay their income taxes themselves to the legislative department.
One of the many challenges that self-employed persons face is the time flexibility. When a man is working for another company, he is regular and punctual, as he knows there are many managers above him supervising his progress. He has some deadlines to meet and he knows of he misses any he will be held accountable to a person with higher post. On the contrary, when a person is self-employed there are no specific working hours. One may work anytime one wants to. In this way, the business is often neglected, as the person does not give enough time to it. Strong determination and continuous motivation is needed for a self-employed person to maintain business productivity. Another major challenge is the setting up of business. Such individuals often have to cut down their expenses during the initial stage of their business. It is very challenging to manage to accounts, profit records, customer dealings, all at one time. There are also different laws and tax payment rules for self-employed rules, which further aggravate their challenges.
People choose to become self-employed mainly because of time flexibility. They have the opportunity to choose their own working hours, according to their routine. They can easily mold their schedule as per need. However, it is extremely important to give enough time to business to avoid future problems. Secondly, people like the idea of being free and independent. Such men do not the like the idea of working under a boss instructing them to follow his orders. They love the idea of implementing their own thoughts without the interference of another person. This freedom also allows the person to enjoy the fact that he does not have to share his profits with another person. In this way, self-employed persons received greater job satisfaction, which is also one of the major reasons why people opt for such type pf employment.
The adult education coordinators should enhance especially the organizational and managerial skills of those individuals who are willing to become self-employed. This is because a self-employed person has to perform all the tasks himself. He is not dependent on other person’s skills and capabilities. Therefore, it is essential to have organizational skills himself to follow his business plan, implement the designed strategies and manage everything carefully on time. Through this training, people can be trained to become regular and punctual, disciplined and organized.
In addition, the adult education coordinator should also focus on the verbal and writing communication skills of individuals. This will make sure all self-employed persons can easily communicate with their clients and express their requirements. Otherwise, it will be impossible to perform most of the business tasks. Such type of training will also enable the individual to advertise its company to client. He can market himself in a more comprehensive manner.
The training programs are essential for individuals who desire to become self-employed. The market today consists of tough competition. Therefore, an individual who lacks even one of the characteristic needed in the persona of a self-employed person, his company will be left far behind the others.