• 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.

    > The input would be from the Marketing department. > The process would be from the production department > The output would be the product or waste Therefore because there is a mishap from the output, this has to be due to a fault in the input (The marketing department)

  2. Analysis of The Cadbury company.

    Computer operators are there to monitor the production line. They check stocks and monitor conveyor belts. Cadbury uses metal detectors to ensure that there are no bits of metal that could of fallen of machines into the chocolate mixers. This could cause injury to the consumers of Cadbury products.

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

    There is no formal structure for decision making as decisions are taken by a variety of processes depending upon the nature of the problem, the opportunity to be explored and the individuals involved. Consultative style: Leaders consult with others before decision are made.

  2. control of working capital

    suppliers, and receives cash of their customers straight away as the customer do not need to pay credit or debit, which is good as they do not really need to concentrate won their working capital as all they need to do is buy fresh fruit off the suppliers by cash,

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

    But this can also be true for full or part-time workers because people get praised for there work or some people feel they are making a difference and helping others. The fifth level of the hierarchy Self-actualisation may not be easily achieved for full-time workers as they would require a high status within the company to fulfil there full potential.

  2. Buisness at work

    Asda cares for its environment because it gives money to the 'Tickled Pink' breast cancer care. Asda has already raised over �1 million. In November 2002, Asda raised �1.2 million for BBC children in need. It is still continuing to support BBC children in need.

  1. BUSSINESS AT WORK - Coca Cola

    This becomes a main objective over profit. The company can now look past making money because they will always have income, so they aim mainly on just making their customers happy. By making their main mission statement to please people, then this will help make customers feel secure.

  2. Analysing various company bills.

    Also text is used in the addresses on the bill and also to tell the receiver what they are getting charged for. * This document does not use charts * The document uses a table to present the information in.

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