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Tag: Financial Risks

Employment vs Self-Employment: Which is Right for You?

Employment vs Self-Employment: Which is Right for You?

Business
When searching for a job, your opinions for positions fall into two categories: employment or self-employment. Regardless of what you choose, there are advantages and disadvantages to both. Understanding their differences will help you decide which is more suitable for your needs. The Differences Between Employment and Self-Employment To find an employer who’ll meet your needs, navigate here. But before you go, you’ll need to decide if you want to pursue regular employment or switch over to self-employment. 1. Definition An employed person works for a company for an indefinite period, is entitled to benefits, and receives a fixed salary. A self-employed person runs their own business and typically works on a contractual basis. They earn money by collecting profits and aren...