CHALLENGES OF SELF EMPLOYMENT

 1. Long and irregular working hours lead to fatigue and exhaustion.

2. There is uncertainty of income. The person is not sure of his income as it varies with the business performance.

3. It leads to low life style due to too much work.

4. A self-employed person bears all the risks of losses.

5. There is uncertainty of the future. This is because income upon which planning can be done is uncertain.

6. A self-employed person may not have definite tasks and responsibilities i.e incase he/she is alone in business he/she does all the business activities e.g purchasing, selling, accounting e.t.c.

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