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Self employed numbers rise

Numbers Rise to Sixteen Million People in UK without Pay in 2010

 

It is amazing to realise, that quite a large number of people and their dependants out of the over 62 million people living in UK are struggling. Despite the fact that a bigger percentage of these dependants are the young and the elderly, still the 2.5 million people who are currently unemployed represent a significant percentage of the dependants and the population as a whole. Considering the unemployed would have been economically active, the dependency ratio would have recorded some improvement. The current situation would have even been worse if it wasn’t for the self-employment business opportunities that have absorbed a better part of the UK’s population.

However, these alarming statistics can also to a large extent, be associated with the recent global economic recession witnessed world over. Massive lay-offs were witnessed in most industries. We may perhaps only have heard of the statistics concerning the lay-off s that were done in the big companies. One cannot tell precisely the number of self-employed people in small business undertaking that lost their jobs owing to the same economic challenges. The entertainment industry which employs a large percentage of the UK’s population for instance was hard hit. During the toughest times of the recession and which may still be far from over, many customers opted to spending more wisely and wouldn’t even consider investing in buying the latest movies or music albums. We may never have all the statistics but it’s obvious that many lost their business opportunities or made less sales. Credit card users considerably dropped as many acquired debit cards in order to minimize their expenditures by discouraging impulse buying. The current statistics of people without pay in UK are not therefore as surprising considering these harsh economic trends.

Another contributing factor to the large numbers of dependants in UK is the large numbers of immigrants that are still predicted to see the population of UK soar to 70 million by 2050 if the trends remain the same. Many people fly into the country especially students who finally end up settling and even bringing up their families in UK. This has definitely strained resources and is beyond the country’s capacity of absorbing them into the available employment opportunities. Even those that are lucky enough, only end up getting part time jobs which they supplement with self-employment and second business opportunities.

A major hope in turning around these statistics and their economical effects lies in the fact that a better part of the UK’s population is skilled. With the emerging business opportunities that the internet has brought, many people can still be absorbed into self employment. With the right infrastructure there is in UK, many can create home based businesses which can bring huge earnings at the end of the day. The working population can also pursue second business opportunities and even create more employment opportunities for other people as they reduce dependence on their salaries with second income. Home based opportunities will still turn most other dependants in families like the old and the young economically productive. These and many other strategies would significantly reduce the effects of supporting the many people in UK that currently do not have a pay.

 
Self employed health rates soar

Do the self-employed suffer lower heart attack rates?

 

This important question would be easily answered with the proper understanding of the benefits that would be associated with self-employment opportunities in businesses, as well as the factors that heavily contribute to heart attacks. It doesn’t take an expert to appreciate the fact that the nature of self-employment and second business opportunities give individuals their much needed peace of mind. Such ventures where individuals are saved the hassles of meeting tight work schedules under strenuous conditions come with a lot of health benefits. It would therefore easily go without saying that those who have chosen to go the self-employed way are less likely to suffer heart attacks.

Stress and many psychological factors related to people’s lifestyles have immensely contributed to poor health related to heart disorders. Research has shown that the kind of work that people engage them in affects their mental wellbeing. Self-employed people enjoy a lot of freedom when carrying out their businesses. They can easily make or even alter decisions that determine their working style. They are their own bosses and nobody comes to push them around. They basically operate under their free will and will even sometimes give themselves generous breaks from their work whenever they feel tired or lose concentration. Stress will not easily set in with all this freedom and such individuals will rip a lot of health benefits including reduced chances of heart attacks.

Emotional satisfaction and work security greatly contributes to a healthier heart. The feeling that one owns their work makes them appreciate whatever they manage to make at the end of the day. They are able to understand any prevailing circumstances and can accept either positive or negative results. It would be very hard for employees to understand when their salaries have to be delayed or not paid even when there are obvious challenges facing their employers. They would be very much disturbed emotionally knowing they have already given their input and no returns come by. However, the self-employed individuals appreciate the fact that their businesses will have both highs and lows and in any case it stimulates their desire to stay in control and determine their destiny. For the employees there is no sense of security at all as their jobs can just be terminated at the will of their employers. They live with the constant fear they might lose what they have and that it’s their employer they depend on to continue earning. This makes them feel more vulnerable and less in control of their destiny, which in turn translates to poor health status and probably higher chances of heart attacks.

It is also worth noting that self-employment gives one the opportunity to exploit their full potential with all the value benefits coming to them. This is not the case when one is employed and has to work for another person who is more likely to use an employee as an asset to make money. Many people even consider being employed as just a starting point in life when no other options appear to be available. The self-employed will therefore have better prospects as far as money making is concerned. Earning financial freedom allows one to acquire much of what they desire in their lives. With better incomes, people can buy good homes for their families which bring the satisfaction of achieving in life. This ultimately leads to less stress and a better health for the heart.

 
The benefits of self employment

Self-employment Benefits are too Attractive to Resist

 

Observing the recent trends, you will realize that many people are easily opting for self-employment as more and more business opportunities keep emerging, owing to new technologies and economic dynamisms. Well, those who haven’t made the move as yet are probably contemplating one as it appears that most people ultimately want to achieve independence and freedom of work with better benefits. You will not need to be an expert to tell that a bigger percentage of the full time employees in most companies earn less as it will be evident with their poor lifestyles. Many of these employees will only manage to struggle in settling their bills explaining why many people live by the famous saying, “from hand to mouth”. You will not expect majority of these people to manage making savings or any important investments.

With self-employment opportunities, many people have unlocked a lot of earning potential, previously unknown to themselves and majority of them are now living their dreams. It does not take a great effort, especially trying to break away from the formal employment sector into the unknown territories of the self-employment sector, but with well calculated moves, you certainly realize that you have made the most important decision in your life.

There are numerous advantages that make self-employment more attractive to many people as compared to being employed. Firstly, when you venture into self-employment, you obviously become your own boss. This means that you make all the decisions concerning your business without interference whatsoever from any other person. You only work hard realizing that perhaps the only other person who may be the equivalent of your boss, is now the customer whose expectations of course must be realistic for you to honour.

Secondly, with self-employment, there is so much flexibility that comes in many ways. In the event of changes that may affect your business for instance, the turnaround time to make decisions for adapting becomes improved. You can easily pursue new opportunities that drive your business towards more growth. The clock will also never again be a bother to you, as your focus shifts to getting your work done in order to achieve your targets. You simply decide when to work more hours and when to take day offs as well.

Thirdly, you stand better chances of doing your business at a very low costs with most self-employment business opportunities. Take for instance, operating your home based business which allows you to work online. You will not need fuel your car more often or incur any travelling expenses as you will not need to physically interact with your customers.

Finally, the most important of all the advantages you have to enjoy is the ability to make more income. You will no longer be working for other people and you get back the value for all your work. This is not the case when employed as your salary gets subjected to deductions after your employer has kept the other share you have earned for him.

With these benefits for your taking with self-employment, you realize how unrewarding it can be when you are employed, supervised, denied your freedom, and paid less for it at the end of the day.


 


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