Preview

Working Fo Yourself vs Employer

Good Essays
Open Document
Open Document
767 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Working Fo Yourself vs Employer
Working for yourself vs. working for employer

When it comes to work, there is no way around it. We have to work whether it will be ourselves or some one. There are differences and similarities to both whether working for yourself or someone else. But the differences of self business have greater importance than the work of employer. First Difference between self employment and employment is freedom. When we choose to work, a lot of thoughts come to mind such as “Will I wake up so early tomorrow morning?” or “Will the bus arrives on time” and so on. After that we defiantly think about working for ourselves. When we are self employed, we set up our own schedules, meetings and work hours. We wake up when it is convenient, take lunches and breaks when ever feel hungry or simply go home when not feeling alright. Working on our own fulfils one of the needs from hierarchy of needs, which is belonging/communication. People meet people when do businesses abroad, around the world. We love communication, all day long talk, and make businesses with people. When choosing to be self employed more responsibilities fall on our shoulders. A lot of people like responsibilities. We create our own tasks and complete them without other people interfering. In comparison to being self employed is being employed by someone. When we are employed we don’t get that enjoyable long sleep because of time frame , that tells us when to arrive to work, when to go to lunch and when to go home. Also being self employed means not having opportunity to meet people from different countries and places. Every day we sit at our work desk for 8 or 9 hours with no opportunity to leave it behind. In addition to that we can’t do what we want because there is someone who bosses us around. All day long we complete same work that needs to be done by the due date which was set by supervisor. Second difference between self employment and employment is a social status. When working on our own, we

You May Also Find These Documents Helpful

  • Powerful Essays

    LIT 1 Task 310

    • 3134 Words
    • 10 Pages

    The sole proprietorship is the most basic type of business. Anyone can start one with little effort. As long as the owner’s name is in the name of the business, no paperwork is necessary. The following advantages and disadvantages exist with a sole proprietorship:…

    • 3134 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Arcadia Sports

    • 1120 Words
    • 5 Pages

    "a business organization in which you, as the sole proprietor, are in sole control of the management and the profits." (Kubasek 771). This is perhaps the most common type of business. Some of the advantages are: The sole proprietor has complete control of the business. It is very convenient since it doesn’t require too many formalities. The sole proprietor keeps all the profits of the business. No corporate tax payment. As everything in life, sole proprietorships has its disadvantages. Let’s touch on a few of them. A sole proprietor is personally liable for incidents, debts or obligations occurred in its business, even if they are caused by employees. Hard to find investors. Large start-up costs, because the money comes from personal accounts or loans. This is the preferred starting point for many business owners, this could be due to the tax break that it offers, and the free will to make decisions as pleased without having to consult with any partners. At my current financial status if I were to open a business it would probably be this entitie, since it requires no formalities and you keep all the profits, plus like I said, that tax break could really…

    • 1120 Words
    • 5 Pages
    Good Essays
  • Good Essays

    IntroToBusinessQuestions

    • 2141 Words
    • 7 Pages

    =Because sole proprietorship owners can establish a sole proprietorship instantly, easily and inexpensively. They carry little ongoing formalities. Thirdly they don’t need to pay unemployment tax on him/herself. Lastly owners may freely mix business and personal assets…

    • 2141 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    2) Estrangement of the worker from the activity of production; work that the worker performs does not belong to him, therefore suggesting a loss of his ‘self’.…

    • 2988 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Self-employed workers and job creation is increasing. Many Americans are shifting from employees to self-employed workers, which is ultimately creating more jobs within the world. This creates more jobs for all Americans, and better opportunities for all people.…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Are You, the Best You?

    • 1218 Words
    • 5 Pages

    People everywhere are faced with the unanswered question, “When am I working too much?”, “When do I stop?” Due to the constant increase in our cost of living, people believe they are forced into working longer and more demanding hours. People need to learn how to split their time and energy between work and the other important aspects of their lives. In the two essays, “Hit the Brakes”, by Christopher Dewolf and “Stupid Jobs”, by Hal Neidzviecki, it is shown that spending too many hours on your job, creates less time for a personal life, which creates many problems. Society has become obsessed with the demanding and vastly expanding workplace environment, so much so that quality time spent with self and loved ones, which is crucial to becoming a well rounded person, is often disregarded.…

    • 1218 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Autonomy In The Workplace

    • 359 Words
    • 2 Pages

    Autonomy also may act as a factor to enhance employees motivation to give more effort into their work (Chen and Chiu,2009). It is because, Employees who are given the autonomy will have more liberty to control and regulate the pace of work and its processes and also be able to evaluate the procedures of work. (Naqvi et.al, 2013) . Job autonomy also…

    • 359 Words
    • 2 Pages
    Good Essays
  • Good Essays

    First, the fact that labour is external to the worker, it does not belong to his essential being; that in his work, therefore, he does not affirm himself but denies himself, does not feel content but unhappy, does not develop freely his physical and mental energy but mortifies his body and ruins his mind. The worker therefore only feels himself…

    • 1224 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Most people have to work many hours, 11-13 hours, a day which gives them enough time to go home to eat and sleep. When there are new products released people often sleep at the factory instead of going home. If goals are not met by a certain time, lunch breaks are canceled. Workers do not regularly get days off and trips to visit their family happen once a year. In addition, workers are exposed to harmful substances that may cause health problems. (Facing Finance)…

    • 859 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    According to James W. Rinehart in The tyranny of Work: Alienation and the Labour Process, work is a primary activity for human beings that differentiates human from other forms of life and today adults spend at least one-third of their waking hours on the job, which has great impact on personality of those who perform it (Rinehart 171). Quoting from Russell, there are two kinds of work according to professor Conlin. First type of work is the one where you alter the position of matter, which is unpleasant, ill-paid and dangerous. Second type of work involved you telling others to move matter, which is pleasant, well paid and safe. Although I never had a privilege to perform the second type of work, I had a chance to experience the first type…

    • 2124 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    A sole proprietorship is where the business is run by a single person. The advantages of this form of ownership are as follows:…

    • 1150 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    In our society today, when it comes to employment people take on many different roles and job titles. But, as many of us know there are two main groups of workers when it comes to employment; employees and independent contractors. According to the Internal Revenue Service (IRS), an employee is anyone who performs services for you and you can control what will be done and how it will be done. On the other hand, and independent contractor is defined as someone who is contracted to do work for an individual or business according to his or her own processes. In other words, an independent contractor does their work according to a contract between two or more parties for a specific job within a specific time frame. In the workforce today, it is…

    • 1925 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Living a Warp Speed

    • 458 Words
    • 2 Pages

    People who are not officially employed by any company usually to be the ones who are even busier that anyone else. More precisely, they do not have certain work time during day and tend to work all day long. Especially those people who stay home and do the housework, they usually have a thought in their mind that they always have something to do next. Moreover, people who work in a company know when to start their work days and what time they can finish it and enjoy the rest time of the day. In fact, it is not what happens to those people who have to stay home and deal with housework as well as their children’s schedule. Most of the time they usually have to do multi-tasking works…

    • 458 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Acc 561 Week 2 Paper

    • 1320 Words
    • 6 Pages

    Sole Proprietorships are the simplest form of a business and the most common in the USA. The sole proprietor is the one who does the work, basically they are the business. Just like any other form of business, these companies have advantages and also disadvantages. Some advantages include the fact that sole proprietorships do not cost a lot to start up, and also the owner has complete control to make any managerial decision he or she wants without having to consult with anyone. Other advantages of sole proprietorships is that the owner gains and receives all of the company’s profits without having to share with anyone, and this type of business can be sold or transferred whenever the owner decides to retire, also not having to consult with a partner. Disadvantages of a sole proprietorship include that the owners usually provide all of the capital for the company using their own personal funds, and also they are responsible personally for any debt that the business obtains. As far as taxes are concerned, the profit or loss from your sole proprietorship business is reported annually with your personal income using the IRS Schedule C form with your 1040 tax return. Businesses with less than $5,000 in expenses may be able to use the…

    • 1320 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Although one of the main attractions of becoming self-employed is no longer having to work for somebody else, there are several disadvantages such as not being certain of having a regular income, because the income arrives in waves. Sometimes it is high tide, sometimes it is low tide, and that takes some time getting used to. You do not have benefits, so you have to arrange your own health insurance and pension. You do not have much time for vacations mainly because if you do not work you do not get income. You have a myriad of startup cost, and some fix expenses like the 15.3% Social Security and Medicare tax -- double what you pay as an employee –. Although you do not have to deal with a bad tempered boss sometimes you have to deal with angry and demanding customers that will call you out off office hours, so you never seem to leave the work problems behind. Finally some studies say that many people who work at home lament being "lonely," because they do not have people around to share with.…

    • 725 Words
    • 3 Pages
    Good Essays