• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

The Advantages and Disadvantages Of being self Employed And Working for a Large Company.

Extracts from this document...

Introduction

The Advantages and Disadvantages Of being self Employed And Working for a Large Company One of the advantages of being self-employed is that you get a bigger share of the profits that the company makes, when you work for a smaller company you only get what your paid, nothing extra, unless you work on commission. You also get more flexibility about the hours you work and the holidays you can take, if you work for a large company you do what hours the company tells you to do and you only have a certain amount of time that you can take off. ...read more.

Middle

You also have to look after much more things to do with the company if you own it, e.g. employee's wages and dealing with big problems, as well as being skilled in a wider range of work like keeping the books for your staff and being able to sort out any problem that comes your way. When you work for a large company the only work you have to do is the work of the job that you applied for, it's a much more specialist system of work. You only do what your good at. Working for yourself also has the problem that if you start your own business you stand a greater chance of failure, if your business doesn't start off very ...read more.

Conclusion

When working for a large company you get the benefits that come along with the job, you could get a company car and a pension, you could also get bonus's from the company after you do a good job or around Christmas time. There's also a greater sense of security if you work for a large firm, you tend to have a stable job with a stable salary and you get decent redundancy if you ever are laid off by the company, you stand much more chance having no income if you work for yourself and your company goes bust. When working for a large company you also get a lot of training, which you can use to get further up the company ladder or use to get a job at another company or use the skills you learn later in life. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. Analysis of The Cadbury company.

    is because marketing and production are the beginning and end of producing a product. As you can see from the table above this is the life cycle of the product while being produced. > The input would be from the Marketing department.

  2. Analysis of The Cadbury company.

    Cadbury is renovating many of their products to meet changing needs. Over the past 3 years Cadbury's have increased the low calorie and fat choices in our portfolio by 50% through innovation and acquisition. Cadbury's have a programme to produce Trans- fatty acids in their products.

  1. In this coursework I need to produce a detailed business report on one medium-sized ...

    Human Resourcing in Tesco is therefore influential, leading edge and proactive to ensure continued success. Human Resources at Tesco is divided into a number of central areas which focus on the design and research of Tesco HR policies and a number of front line HR professionals that work in partnership with company's Line Managers to deliver the business plan.

  2. Marketing Strategy for A Comsetic Company

    Being a new business you have no reputation, so making a good first impression is very important and will take time, so business may be slow at first. Sole trader vs. Ltd Being a sole trader, you are on your own out there.

  1. Can Maslow's Hierarchy be applied to the self-employed?

    But he also notices the benefits Such as, flexible working hours and tax benefits. So although they may dislike some aspects of being self-employed the overall well being from being self-employed is there. Many Jobs offer the first level of Maslow's hierarchy Physical needs, the need for inanimate objects such as a house, a car, food and clothing.

  2. Buisness at work

    Asda would also like to expand, what I mean by this is that it will like to open up new stores across the world, this will l lead to recruiting more people and making more profit. Asda can always achieve this objective because they are already making good profit.

  1. BUSSINESS AT WORK - Coca Cola

    Partnership - A partnership is a group of individuals working together in business hoping to make a profit. It is easy to set up and the actual group of individuals running the business range from 2 people up to 20 people.

  2. Analysing various company bills.

    The information that will be contained in this table will be all of the bills that need to be paid and what they are getting paid for. * The document uses numbers in the dates, amount of money needed to be paid, account numbers, addresses and in the main information.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work