Topic > Advantages of working for a company - 850

Self-employed workers are at greater risk if their business is not successful, and the decision-making process is more complex because they have no one to decide when to take certain steps that might be of an advantage or not. There is no type of teamwork, of society, except perhaps with family members. However, a company receives all these benefits because it has people to work with, this encourages teamwork, facilitates decision making and reduces risks. For example, if the company is at a loss and does not have enough money to recover or even fails to repay its debts, surely the company should dissolve. But this has an advantage over self-employment because the money used to repay this debt does not affect the personal property of the shareholders or employees. Conversely, if this happened to a stand-alone business, some of its private properties such as cars, houses, savings, etc. would be sold off to repay the debt. For this reason, a company enjoys fewer risks and responsibilities than a self-employed worker