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Pros and Cons of Self-Employment - Coggle Diagram
Pros and Cons of Self-Employment
Pros
Flexible
Choose hours
Indepenence
Choose the work you can take on e.g. photography
Choose location
Cafe, office, library
Choose hourly rate
Write items against tax e.g. stationary, work phone
Communication
Direct interactions with clients
Cons
Income
Can be inconsistent
Responsibility
Client acquisition
Financial uncertainty
Work-life balance
Separating personal life from professional commitments can be challenging
Lack of benefits