Advantage and disadvantage of selfemployment

when i browse about this, a replay from a person to that post is,

Advantage: You don't have a boss standing over you all day long. You decide how much you get paid.You set your own hours. You decide what jobs you will do and which you will not.

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.Disadvantages: You have to be self-motivated. You have to do all your own money handling and paperwork. You are only as successful as what you put into it. (That applies to most regular jobs too though.) You have to spend money to make money, you don't generally start at a profit level.

.You have to be smarter with your money because you have to be sure to set back your own retirement, all your insurances, vacation and sick time funding. Everything that a regular job would simply deduct from your checks, you now have to do yourself.
Source(s):
You do have the risk of unemployment.. if your business is not going well and you are not making the income you need, and you business is your sould source of income. Plus, if your business fails and it's all you have you can not draw unemployment, unless you pay into it, which most self-employers do not./// tandkalexander is somewhat correct. You do get to have some seriously great tax write-offs. I do not know what she does but as a self employed person my wardrobe and fuel expenses are pretty high. I deal with the public constantly. It depends on what you do, as to what you overhead is going to be.