Answer:
Step-by-step explanation:
1. Financial insecurity: Self-employed individuals often lack the stability of regular wages and benefits, making it difficult to plan and budget for the future.
2. Tax complexity: Self-employed individuals are responsible for paying their own taxes, which can be complex and time consuming.
3. Limited access to capital: Self-employed individuals may have difficulty accessing traditional forms of capital, such as loans or lines of credit, due to the lack of income security.
4. Isolation: Self-employed individuals may not have access to the same support networks as their employed counterparts.
5. Stress: Self-employment requires a lot of hard work, long hours, and stress. The lack of job security can also add to the stress of self-employment.