Advantages and disadvantages of entrepreneurship and employment

Will you continue your job next year, or will you decide to change and start your own business? Are you passionate about entrepreneurship and are you thinking about a job? The new year is full of challenges. Try to decide for your new path based on what self-employment or employment offers you.

Employment brings security, but also a small degree of freedom
If you decide to get a job, you will sign an employment contract with your employer . In the employment contract, you agree to perform the agreed work for which you will receive a wage or salary. You can be employed as a full-time or part-time employee .

Being employed has many advantages, but also disadvantages . What should you consider before starting a job?

What do employees praise?

If you decide to become an employee, the following benefits await you:

Security – they say that nothing in life is certain. That’s the  chinese overseas europe database case with employment. However, compared to entrepreneurship, employment is a bit more secure. You know that you will go to work until you decide to leave or are fired. At the same time, you know what kind of work awaits you. The employer must have a good reason for the termination. Often, leaving a job involves the payment of severance pay .
Working hours from-to – your working hours start and end at the agreed time. Occasionally, overtime will occur, but your employer may give you compensatory time off or extra pay for this.
Regular income – every month you know when and how much money will land in your account. In addition, in some jobs you can look forward to regular rewards, bonuses or additional payments.
Paid sick leave – if you become ill or injured and cannot do your job, your employer and subsequently the state will pay for your sick leave. You will return to work when you feel fit.
Vacation – at work, you know how much paid vacation you can take per year. Your work responsibilities will be partially transferred to colleagues, or your work will wait for you until you return from vacation.
Employee benefits – some employers offer their employees a number of benefits that motivate them to be loyal and perform better at work. These may include meal allowances, extra vacation days, sick days, home office, etc.

What might be discouraging you from employment?

The disadvantages of working on an employment contract include:

Prescribed working hours – you are not the master of your own time. You must be at work during the agreed working hours.
Specified leave – you can only take as much leave as your employer  wordpress vs drupal – which is better allows you.

Entrepreneurship is for the brave who must be able to take care of themselves
A business is a systematic activity that you carry out under your own name and at your own risk . All this for the purpose of profit. A business can be your main or secondary job.

If you have been “flirting” with the idea of ​​starting a thailand data  business for a long time, but are reluctant to leave the security of your job, you can establish a trade license for a side job and test whether your idea would support you in the future if you decided to leave your job. The ideal time for a new start is the new year.

Benefits that await entrepreneurs
If you decide to support yourself, the following prospects await you:

The amount of earnings depends on your experience, willingness to work, and ability to ask for adequate remuneration.

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